MHADA postpones online registration for sale of 120 flats under first-come-first-served scheme

MHADA, which announced the sale of 120 flats in Mumbai on a first-come-first-served basis on February 2, said on February 4 that the online registration process scheduled to begin on February 5 has been postponed due to ‘technical reasons’. MHADA said on Feb 4 that online registration process for the sale of 120 Mumbai flats, […]

Mumbai redevelopment: Can an old building be redeveloped if homeowners have an ongoing home loan on their flats?

Ramana Iyer, a resident of Mumbai’s western suburbs, said the proposed redevelopment of his 40-year-old building has hit a roadblock as one member has an outstanding home loan of ₹45 lakh. According to Iyer, the homeowner has been unable to obtain a no-objection certificate (NOC) from the bank since the loan remains unpaid and is […]

CEO calls buyers of new flats in Bengaluru ‘complete dummy’, warns real estate is in trouble

A co-founder and CEO has sparked a massive debate online after calling anyone buying a new flat in Bengaluru a “complete dummy.” Taking to social media, he claimed the city’s real estate market is in deep trouble, citing the “desperate” tactics used by developers who are allegedly violating DND (Do Not Disturb) registries to push […]

Indian man shows ₹45 crore New Zealand villa, compares it with Gurgaon luxury flats: ‘Pollution bilkul bhi nahi’

A video shared by an Indian man comparing property prices in New Zealand and India has sparked a lively discussion on social media, with users debating housing costs, quality of life and urban infrastructure. An Indian man drew a comparison between a ₹45 crore villa in New Zealand and soaring property prices in Gurgaon. (Instagram/gautammalik01) […]

Ideal Cures founder Suresh Pareek and his wife buy two luxury flats for ₹190 crore in Mumbai’s Worli

Suresh Pareek, founder of pharmaceutical company Ideal Cures, and his wife Veena Pareek have jointly purchased two luxury apartments in Mumbai’s Worli for ₹190 crore, according to property registration documents accessed by Zapkey.com. Mumbai real estate update: Suresh Pareek, founder of pharmaceutical company Ideal Cures, and his wife Veena Pareek have jointly purchased two luxury […]

DDA launches second phase of ‘Towering Heights’ project: Details on number of flats, price, location, registration date

At the start of the New Year, the Delhi Development Authority (DDA) launched the second phase of its housing scheme, DDA Towering Heights at the East Delhi Hub in Karkardooma, Delhi’s first housing project developed under the Transit-Oriented Development (TOD) policy. The Delhi Development Authority (DDA) launched the second phase of its Premium Housing Scheme […]

NBCC sells 417 Amrapali flats in Noida, Greater Noida via auction for ₹1,045 cr

New Delhi, Dec 30 (PTI) State-owned NBCC (India) Ltd, which is completing stalled housing projects of erstwhile Amrapali Group, has sold 417 homes in Noida and Greater Noida for ₹1,045.4 crore through e-auction. Greater Noida Authority has granted in-principle approval to appoint co-developers for two stalled group housing projects. (Photo for representational purposes only) (Pixabay) […]

Are flats still a wealth creator? Homebuyers debate ageing homes, rising costs and redevelopment prospects

For decades, owning a flat has been regarded as a cornerstone of financial security for India’s middle class, often marketed as a safe, long-term investment that would appreciate in value and support future generations. However, as home prices soar, maintenance costs rise, and ageing buildings raise questions about resale and redevelopment, a growing number of […]

Bengaluru real estate: Homebuyers debate city centre flats vs outskirts villas amid career relocations

A Reddit post by a Bengaluru professional has sparked a major debate about the dilemmas faced by young homebuyers when choosing between convenience and long-term investment. Many Bengaluru residents are debating whether to purchase apartments near IT hubs like Bellandur or to stretch their budgets for villas on the outskirts, highlighting the trade-offs between affordability, […]

Home loan or retirement corpus? Redditors weigh in on whether buying flats in Metro cities before retirement makes sense

As job uncertainty and layoffs continue to impact India’s private sector workforce, many salaried professionals are reevaluating the long-held belief that buying a home in a metro city should take precedence over building a retirement corpus. A recent Reddit discussion has reignited debate over whether financial security and stress-free living should take precedence over long-term […]