Properties in Pune
The auditor general (AG) of Pune government has said that the Pune Municipal Corporation (PMC) has failed to collect proper stamp duty from various builders of the city. In their audit report of the slum rehabilitation housing projects in Pune it id found that payment of stamp duty and royalty charges from the contractors had [...] Continue Reading »
The cost of properties in Pune are going to increase as the Pimpri Chinchwad New Town Development Authority (PCNTDA) has decided to increase the transfer fees and plot selling rates by 10 to 30%. For residential areas, the selling rates would range from Rs 3,660 to Rs6,120 per square meter and for developed sectors from [...] Continue Reading »
The President’s post-retirement bungalow in Pune will be utilized by the Indian Army as the President, Pratibha Patil has declared that she will not occupy the bungalow after her retirement. The bungalow is located on two adjacent plots in Khadki Cantonment over an area of 859.61 sqm. The construction of the bungalow is still going [...] 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 Inspector General of Registration (IGR) and Controller of Stamps office in Pune has collected Rs 14,500 crore revenue during 2011-12. According to an official of IGR, the revenue collection has increased because of the hike in ready reckoner rates. It is an indication of registration of high-value properties in Pune. Though the amount of [...] Continue Reading »
With the demands raising for properties in Pune, the Pune Municipal Corporation (PMC) has planned for a new infrastructure development in Pune. The leveling of roads is underway and very soon the Link road that connecting Balewadi Phata and Pimple Nilak will get new looks! The connectivity to cities like Mumbai and Bangalore will be [...] Continue Reading »
