Properties in Pune
Pune metro rail project has finally got a budget of Rs 10 crore in the Union Budget which was announced recently. The long delayed project had proposals from Pune and Pimpri-Chinchwad municipal corporations in association with the Delhi Metro Rail Corporation. Pune metro, for the first time has got listed in this year’s list of projects of the urban [...] Continue Reading »
Pune real estate has been witnessing many ups and downs in the recent past due to many factors. The real estate development in the city can be attributed to the presence of software developers and hardware experts which has kept the city’s pace along with a spurt in demand. Based on local demand and supply and [...] Continue Reading »
Pune- The Pimpri Chinchwad Municipal Corporation (PCMC) has failed to recover the rent amount of Rs. 7.25 crore from 1,555 shops over several years. This has come into light through the Right to Information Act response by the corporation. According to an official, there are about 1,555 civic body shops which are either rented or leased [...] Continue Reading »
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 »
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 »
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 »
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 »
A good news for prospective buyers in Pune! With the piling up properties in Pune, there is a good number of options for buyers to choose from. These inventories which have been piling up for a while also give the buyers an opportunity to bargain and get lucky with their dream homes. Real estate in [...] Continue Reading »
With the sanction of 8 percent TDRs (Transfer of Development Rights) by the state government,the real estate sector in Pune is expected to boom. This move was taken for reserving the Bio Diversity Park (BDP) areas which will free up 62 lakh sq ft of green TDRs, which in turn will reduce property prices. The [...] Continue Reading »
Now, citizens in Pune can breathe a sigh of relief. With increasing complaints from citizens of not receiving property tax bills or getting them too late to avail a 10 percent tax rebate, the Pune Municipal Corporation (PMC) has introduced a tool on their website for their ease. Around six lakh properties in Pune come [...] Continue Reading »
