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projects in Pune

Sobha Ltd registers a profit of 5.12 percent in the second quarter of 2014

Sobha Ltd registers a profit of 5.12 percent in the second quarter of 2014
Sobha Ltd. has posted a consolidated profit of 5.12% for the second quarter of 2014 through newer sales and greater realization of per square feet. During the financial year 2014-15, the net profit of the Bengaluru based Shobha Ltd stood at Rs 59.5 crores which was Rs 56.6 crores in the previous year’s same period. [...] Continue Reading »

PMC plays brass band to recover property tax

PMC plays brass band to recover property tax
Pune Municipal Corporation (PMC) is set to recover the long pending property tax of approximately over Rs 5 lakh in a new initiative. The civic body has decided to hire a brass band to play music to awake property owners who have not paid pending property taxes on time. This brass band will follow the [...] Continue Reading »

30 properties in Pune sealed for not paying property tax

30 properties in Pune sealed for not paying property tax
Pimpri Chinchwad Municipal Corporation (PCMC) has recently sealed about 30 properties in the city for not paying property tax in time. The property tax department of the civic body had already sent notices to these properties in Pune and 353 prominent defaulters had been reminded for not paying the taxes in the given time frame. Around [...] 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 »

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 »

PMC fails to utilise citizens’ suggested budget

PMC fails to utilise citizens’ suggested budget
The provision of suggesting civic budget by the citizens in Pune seems to be failing. Pune Municipal Corporation is not able to implement the suggestions, despite having budgetary provisions. The civic body had launched the initiative of citizens’ participation in the preparation of budget in 2007-08. After the launch, it has seen an increase in [...] Continue Reading »

Hiranandanis look for new opportunities in real estate

Hiranandanis look for new opportunities in real estate
One of the India’s largest real estate companies maintained privately by Hiranandani brothers is eyeing on new opportunities in the real estate segment for growth. The younger brother, Surendra Hiranandani is now set to launch his first redevelopment project in Mumbai.With this project, it will be an initiation of departure from his company House of [...] Continue Reading »

Pune property tax to be hiked by 6%

Pune property tax to be hiked by 6%
Pune Municipal Corporation (PMC) has recently decided to hike property tax by 6%. This will be the first hike after four years. Corporators at PMC standing committee meeting approved the hike for the financial year 2013-14 and it will be applied from April 2013. Earlier, the civic body had proposed to increase property tax by [...] Continue Reading »

Less hope for residential projects in Pune from new industrial policy

Less hope for residential projects in Pune from new industrial policy
With the new industrial policy in place, there is no much hope for increasing housing stocks in Pune. Even officials of Maharshtra Industrial Development Corporation (MIDC) have admitted that majority of the SEZs will not have enough land left with to implement the schemes. Even, the realtors have pointed out lack of basic civic infrastructure [...] Continue Reading »

Pushpganga develops Feya Residencia in Calangute

Pushpganga develops Feya Residencia in Calangute
Calangute- Feya Residencia, is a new project launched by Pushpganga Ventures in Calangute, Goa. The project brings in a joyful Goan environment to its residents. The project promises that one can forget all the worries and spend days peacefully at Feya Residencia. It offers a luxurious and comfortable Goan lifestyle with a different ambiance. Feya [...] Continue Reading »



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