Pune
Are you planning to invest in a property? If yes then Moshi is the correct place for investment purpose. Moshi, which is located in the heart of Pimpri-Chinchwad Municipal Corporation (PCMC) area offers affordable housing. The current price of properties in Moshi ranges between Rs 3,200 to Rs 4,500 per sq ft. Whereas, in Pimpri [...] Continue Reading »
Pune- Residential real estate sector of Pune is likely to witness stronger demand in 2013 owing to increasing interests among IT/ITeS and manufacturing sector employees, NRIs and Mumbai-based investors, according to global property consultant firm. The average value appreciation of residential projects in Pune is expected to be higher in the coming year. In the [...] Continue Reading »
In 2012, property prices in Pune city have gone up by an average of 12 percent and in 2013, an average appreciation of 12-15 percent is expected across the city. Areas like Undri, Kondhwa and Hinjewadi has contributed 40 percent of the total sales in 2012. New launches were less in 2012 compared to the [...] Continue Reading »
The civic administration of Pune has made a proposal to increase the property tax by 8 percent for the financial year 2013-2014 by pushing up the general tax structure. The rate of taxes are finalised every year by the civic body, as per section 99 of the Bombay Provincial Municipal Corporation (BPMC) Act, 1949, and places the [...] Continue Reading »
The Pimpri Chinchwad Municipal Corporation (PCMC) is planning to widen the Spine Road at Triveninagar in Talawade by 600 meter to reduce the traffic snarls. The Spine Road is an important link road which is 14 km from the Mumbai-Pune highway to the Pune-Nashik highway. The road has been developed by the Pimpri Chinchwad New [...] Continue Reading »
The Pimpri Chinchwad Municipal Corporation (PCMC) is ready to start the local body tax (LBT) though it has not yet got green signal from the state government. They are preparing a report about the merits and demerits of the LBT and a game plan to implement the tax. The report will be ready and submitted [...] Continue Reading »
The pending work of Jawaharlal Nehru National Urban Renewal Mission (JNNURM) projects need to be completed before March 2014 and the deadline has been set by the Union government. The JNNURM projects were expected to get completed by March 2012 but due to delay in the construction work, the deadline has been extended. In a [...] Continue Reading »
The civic body decided to explain the necessity of extending the BRTS projects in the city to the political workers and the citizens of the city. The civic body’s standing committee approved the proposal of implementing the BRTS project in January 2011. The project was supposed to get implemented on 27 roads at a cost [...] Continue Reading »
The proposed metro corridor between Pimpri-Chinchawad and Swargate got a green signal from the Pune Municipal Corporation’s (PMC) standing committee. Corporates from Satara Road has demanded to extend the metro corridor to Katraj, accordingly the standing committee approved the demand. Mahesh Pathak, Municipal Commissioner, stated that to install the metro project in Pune and Pimpri-Chinchwad [...] Continue Reading »
Baner area in Pune has seen the highest year-on-year price hike of 57 percent in the luxury segment of the real estate market in India, according to a report by Cushman and Wakefield. There was an average of 10 percent year-on-year price increase in mid-segment properties in India. Prices of the high end property segment [...] Continue Reading »
