Pune builders
The Mumbai-based real estate company, Godrej Properties, announced the launch of its township project, Godrej Infinity in Pune. The township is spread across 43 acres, with a total saleable area of about 3.2 million sq ft and the project being developed by Godrej Properties in partnership with Oxford Group and Ekta World. The project is [...] Continue Reading »
Amit Enterprises Housing Ltd (AEHL), which ranks among Pune’s most reputed and established real estate developers, launched the second phase of Colori in Undri, Pune. Colori Phase 2 consists of 278 apartments priced specifically for Pune’s budget homes buyer segment. Colori Phase 1, a mid-range housing project comprising of six buildings offering 2 and 3 [...] Continue Reading »
In a development which will be the first of its kind in India, the well-known and vastly-experienced real estate development and construction firm Kumar Urban Development Limited (KUL) is coming up with an integrated eco-friendly township project in Pune. The project – called ‘KUL Ecoloch’ – will be India’s first wire-free project; thanks to the [...] Continue Reading »
Among some of the Pune properties which have been witnessing an increase in value in recent times is the Hadapsar. Going by the latest figures, the property values in the area have seen a 30 percent increase in the last two years. As per India’s Property portals the average capital value for multi-storey apartments in [...] Continue Reading »
The definition of luxurious house seems to be undergoing changes as more emphasis seems to be on quality of amenities rather than on spaciousness. By designing homes smaller in size and providing all the amenities in the common space without compromising on quality, developers are targeting wider buyer segment and making luxury homes economically viable [...] Continue Reading »
Real estate firm Kumar Urban Development announced that it will invest Rs 250 core to construct shopping complexes in Pune. The plan involves developing 6-7 shopping complexes in Pune which would consist of 450 shops. According to the management sources, the construction would start soon and be completed in the following 18 months. The Pune-based [...] Continue Reading »
The Pune Municipal Corporation’s (PMC) general body approved proposal to impose a fine to regularize constructions as per the Maharashtra Regional and Town Planning (MRTP) Act, 1966. The PMC Pune has approved to impose a fine according to the total construction cost of the building. According to the approved proposal, to regularize one illegal residential [...] Continue Reading »
The bureaucrats and politicians colluded with the private builder to grab the 30 acres of forest land in Pune. A special committee probe has found that 30 acres of forest land worth Rs. 1000 crore in Pune was sold to a private builder for mere Rs. 2 crore. The case is now in the Supreme [...] Continue Reading »
Pimpri-Chinchwad Municipal Corporation is the first civic body in Maharashtra to implement the free parking norm. On June 11, 2009, the Pimpri-Chinchwad Municipal Corporation (PCMC) declared that no building permission plans will be sanctioned if the builders refuse to provide free parking space to apartment buyers across the twin industrial township. As per section 16 [...] Continue Reading »
Mayor Mohansingh Rajpal has said that builders should play a more pro-active role in developing green building such as developing facilities for recycling of water, rainwater harvesting, sewage treatment as this will help reduce the load on Pune Municipal Corporation (PMC), in return, the PMC offers a 10% reduction in property tax that will make [...] Continue Reading »
