Properties in Pune
Godrej Properties launched its residential township Godrej Prana in Undri Pune. Godrej Prana spread across 31 acres and consisting of apartments ranging 1 BHK from 634-665 sqft, 2 BHK 872-1057 sqft, 2.5 BHK from 1196-1473 sqft, 3 BHK from 1647 sqft to 1862 sqft. Price starting from Rs 29 Lakh. The project is located in [...] Continue Reading »
Amit Enterprises Housing Ltd (AEHL) has announced the launch of its mid-range homes project Astonia Classic at Undri Pune. The project consists of exclusively 2 BHK flats, which are being offered at a concessional price of Rs. 50-52 lakh during the inaugural phase. Undri, located in the south-east corridor of Pune, has become a new [...] Continue Reading »
The Dhanori and Kharadi localities in the north-east Pune have a large number of options for strategically located, spacious 3 BHK apartments within affordable budget ranges. While the supply side has huge inventory, the demand is also not coming down. The major demand for such accommodation options is from the IT establishments in the city. [...] Continue Reading »
Pimpri Chinchwad Municipal Corporation (PCMC) has been getting tough on illegal buildings in the city. The civic body has disconnected all water connections of illegal constructions in the city. Also, the authority has been serving notices to the residents who occupy such buildings. Due to the tough decision taken by the authority, an argument between [...] Continue Reading »
With prices of apartments soaring in Central Pune, buyers are lining up for the properties along the Baner-Balewadi belt. The area, located in the western part of the city, offers properties in the price range of Rs 6,000-7,500 per sq ft. This locality was once known as a fringe area and now the demand for [...] Continue Reading »
Pune Municipal Corporation (PMC) has recently received a record breaking revenue from the allotment of building permissions in the financial year 2012-13. The building permissions department of the civic body has received around Rs 631 crore as fees for construction including development charges. The high revenue received has been so due to the revision of [...] Continue Reading »
Pune- The Public private partnership (PPP) model will be soon followed in the Pune city for mass housing. The model has been successfully implemented in states like Gujarat to encourage infrastructural growth and attract investors, domestic and foreign companies. This model is worth to be followed in the construction of mass housing as it can [...] Continue Reading »
Bombay High Court has recently given green signal for additional floor space index (FSI) for around 2,200 redevelopment projects in Mumbai. The only condition that was kept forward by the government was struck down by the bench. The condition was to grant extra FSI in case of ongoing redevelopment schemes for old cessed buildings. Earlier [...] Continue Reading »
Pune Municipal Corporation (PMC) has recently demolished 38 illegal structures standing tall in Shivajinagar, KasbaPeth, Wadgaonsheri, NIBM Road and Shivarkar Road. These structures which were razed by the civic body include 38 tin shed structures and eight concrete houses located in the slums. PMC has already started the demolition drive which has been one month [...] Continue Reading »
The property tax department of Pune Municipal Corporation (PMC) was able to recover Rs 560 crore as property tax for the fiscal year April 2012- February 2013. As per an official, it is for the first time that the civic body is able to collect such an amount in less than a year. The civic [...] Continue Reading »
