Pune
The Khadki Cantonment Board (KCB) has said that proper construction materials were not used in the construction of their Khadki bazar staff apartments in Pune. During an inspection by the KCB officials it is found that there were major irregularities in the second phase of construction in the cantonment area. The builder has violated the [...] Continue Reading »
Vastushodh Gruhsandhi Yojana is launched by Vastushodh Projects in Pune to enhance the supply of affordable housing in Pune. Total cost of the project is estimated of Rs 225 crore. About 2400 residential units will be constructed in the project. The entire project will be developed in five different locations in the outskirt of Pune. [...] Continue Reading »
The Pune based real estate company Kumar Urban Development ltd has raised Rs 200 crore for its residential township project in Pune. KUL Ecoloch will be an integrated residential township located at Mahalunge in Baner, Pune. The total area of the construction will across 110 acres. Apart from residential apartments, hospital, mall and school will [...] Continue Reading »
Infinite India Investment Management has invested $13 million through its realty fund Infinite India Real Estate Fund in a residential project in Pune. The Pune project will be developed by Kumar Urban Development Ltd. At present the developer is constructing 12 residential project in Pune along with five residential projects in Mumbai. The developer is [...] Continue Reading »
The private equity firm of Anand Rathi Financial Services and Knight Frank India are planning to raise Rs 500 crore for the real estate industry in India. The two organizations planned to raise the funds from the internal domestic market. They are not going to the foreign investors for the fund raising program. The organization [...] Continue Reading »
The private equity fund ASK Property Investment planned to raise $ 250 -300 million fund for investing into real estate in India. The company has already set up the fund raising program for $ 40 million from its Singapore subsidiary. ASK property is constantly looking for investment opportunities in the domestic real estate markets. They [...] Continue Reading »
The lack of proper traffic system in Pune city has paved way for never ending traffic congestions. The Pune traffic police department is fed up with managing prolonged and never ending traffic in the city. According to the latest traffic update, the commuters are being witnessed of jumping traffic signals adding woes to the current [...] Continue Reading »
The Pimpri Chinchwad New Township Development Authority (PCNTDA) long time ago had promised to provide acceptable percentage of affordable houses. Making way for affordable houses was it’s aim during year 1972. However, when rechecked for the same objective it was revealed that only partial percentage of affordable housing has been done. The authority was supposed [...] Continue Reading »
The most popular suburb in Pune is Baner! This is the one hot spot locality in Pune city which is drawing property buyers across the country to invest in commercial as well as residential sectors. The next locality which is drawing greater real estate sales in Pune is Balewadi. The duos Baner-Balewadi belt in Pune [...] Continue Reading »
The residents of Aundh locality in Pune, since year have been requesting to relocate the bus stops. This has become a major concern for the residents who travel in stretch of Kondhwa and Wanowrie. After receiving back to back continuous complaints, the Pune Municipal Corporation (PMC) has taken a firm decision to relocate the bus [...] Continue Reading »
