A recent Reddit thread has sparked a debate over whether a ₹50,000 monthly salary is enough to live independently in Mumbai, particularly in the city’s pricey south Mumbai areas. Housing costs dominated the discussion, with one user advising newcomers to avoid expensive localities like Powai or Lower Parel and instead consider more affordable suburbs such […]
Housing prices in India’s tech capital have skyrocketed over the past decade, turning what was once a middle-class dream into an expensive gamble. In most city pockets today, even a modest 2BHK apartment costs upwards of ₹1 crore, while larger 3BHKs easily cross ₹1.5–2 crore. Yet, despite the soaring rates, most projects are sold out […]
MUMBAI: From Thursday onwards, the BMC will start selling 426 inclusive homes, meant for those who annually earn ₹9 lakh or less, who fall under the Economically Weaker Sections (EWS) and Lower Income Groups (LIG). The homes, located in Kandivali, Bhandup, Jogeshwari, Goregaon, Byculla, Kanjurmarg, and other areas, have an area of 322 sq ft […]
In yet another setback for housing hopefuls, the Mohali district administration has announced a hike in collector rates for residential properties by 20% to 22%, depending on the locality, for financial year 2025-26. The collector rates for industrial properties have also been increased by 30%, but there will be no change in rates for commercial […]
Mumbai: The Maharashtra Housing and Area Development Authority (MHADA) will generate more than 700,000 homes in the the Mumbai Metropolitan Region (MMR) over the next five years, including nearly 550,000 homes in the city, said Sanjeev Jaiswal, Vice President and Chief Executive Officer, Mhada. Image for representation (Hindustan Times) These homes will include affordable housing […]
The Maharashtra Housing and Area Development Authority (MHADA) announced the results of the MHADA lottery 2025 on October 11, which included the sale of 5,354 affordable and 77 plots under various housing schemes of its Konkan Housing and Area Development Board. MHADA lottery 2025: The Maharashtra Housing and Area Development Authority (MHADA) announced the results […]
Hyderabad’s residential real estate market recorded a 35% year-on-year (YoY) rise in property registrations in September 2025, with 6,612 homes worth ₹4,804 crore registered during the month, according to Inspector General of Registration (IGR) data accessed by Knight Frank India. The total value of properties transacted grew 70% YoY, even as the month included the […]
Several high-profile personalities and HNIs have bought or leased apartments for their domestic staff, who manage critical household functions Source link