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Pune

Koregaon emerges as real estate hotspot

Koregaon emerges as real estate hotspot
In recent times, Koregaon park has emerged as one of the most sought after residential real estate destinations in Pune. The commercial real estate sector is also in a growing trend in this locality. This is due to the presence of wide range of offices, malls, hospitals, schools, colleges, entertainment facilities, among many others in [...] Continue Reading »

PMC presents budget of Rs 4,167 crore

PMC presents budget of Rs 4,167 crore
Pune Municipal Corporation (PMC) has recently announced the budget for financial year 2013-14. The chairman of the standing committee of the civic body presented a budget of Rs 4167.50 crore for this fiscal year. Earlier, municipal commissioner had presented a budget of Rs 3605.02 crore which was increased by Rs 534.48 crore to the present [...] Continue Reading »

PCMC gives property tax rebate to some group of communities

PCMC gives property tax rebate to some group of communities
Pimpri Chinchwad Municipal Corporation (PCMC) has a good news for certain group of people in community. Now, ex-servicemen, freedom fighters and women property holders in Pimpri Chinchwad will get a rebate of 50% in their property tax from the coming fiscal year. However, this scheme is only applicable to only one property in case anyone [...] Continue Reading »

Housing societies’ deemed conveyance gets poor response

Housing societies’ deemed conveyance gets poor response
Pune- A special drive launched by the state government last month to issue deemed conveyance for the housing societies has got poor response as the drive is plagued with innumerable problems from calculation of the stamp duty to the lack of awareness among the owners regarding the importance of society formation. Every  society requires deemed conveyance [...] Continue Reading »

PMC to demolish illegal buildings near villages in Pune

PMC to demolish illegal buildings near villages in Pune
District collector has recently called for a meeting to discuss about the illegal constructions which are present on the boundary of Pune Municipal Corporation (PMC) limits. The meeting was called to discuss and prepare a preliminary plan to initiate action against illegal constructions in villages. The status of such illegal buildings and also the necessary steps [...] Continue Reading »

PCMC spends 40% of funds allocated for development

PCMC spends 40% of funds allocated for development
Pimpri Chinchwad Municipal Corporation (PCMC) is able to spend only 42% of the total fund which was allocated to the civic body for capital intensive development works for the financial year 2012-13. Earlier, Rs 741.95 crore was provided in the 2012-13 budget which was increased to Rs 789.81 crore in the revised budget. However, the [...] Continue Reading »

New development plan of Pune to wait for another month

New development plan of Pune to wait for another month
The revised development plan which was suggested for old city by the elected members of Pune Municipal Corporation have to wait another month to see the light of the day. The civic body has claimed that it will take at least a month to publish and display the plan. Earlier, PMC had approved the development [...] Continue Reading »

PMC razes illegal constructions

PMC razes illegal constructions
Pune Municipal Corporation (PMC) has recently carried out a demolition drive of illegal constructions in the city. The illegal constructions were standing tall in KarveNagar, Warje, Wanowrie and Kondhwa in Pune. These buildings were spread across 40,000 square feet. The KarvenagarWarje ward office and the deputy commissioner office of Wanowrie and Kondhwa initiated the demolition [...] Continue Reading »

Walhekarwadi in Pune to have more than 1000 low cost houses

Walhekarwadi in Pune to have more than 1000 low cost houses
Pimpri Chinchwad New Township Development Authority (PCNTDA) has planned to build around 1164 low cost houses in Chinchwad. The body has about 4.5 hectares of land in Walhekarwadi of Chinchwad. The flats will be of two sizes measuring 280 sq ft and 390 sq ft. Clusters of six to seven buildings will be built. The authority has [...] Continue Reading »

PMC gives green signal to 6% hike in property tax

PMC gives green signal to 6% hike in property tax
The Pune Municipal Corporation has recently given green signal to the hike of 6% in property tax. It will definitely put a lot of pressure on the citizens. With the hike in property tax, PMC is expecting an additional revenue of Rs 40 crore. Maharashtra NavnirmanSena had joined hands with NCP to put a stay [...] Continue Reading »



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