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Pune

Housing societies’ deemed conveyance gets poor response

Housing societies’ deemed conveyance gets poor response
Pune- A special drive launched by the state government last month to issue deemed conveyance for the housing societies has got poor response as the drive is plagued with innumerable problems from calculation of the stamp duty to the lack of awareness among the owners regarding the importance of society formation. Every  society requires deemed conveyance [...] Continue Reading »

PMC to demolish illegal buildings near villages in Pune

PMC to demolish illegal buildings near villages in Pune
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 »

PCMC spends 40% of funds allocated for development

PCMC spends 40% of funds allocated for development
Pimpri Chinchwad Municipal Corporation (PCMC) is able to spend only 42% of the total fund which was allocated to the civic body for capital intensive development works for the financial year 2012-13. Earlier, Rs 741.95 crore was provided in the 2012-13 budget which was increased to Rs 789.81 crore in the revised budget. However, the [...] Continue Reading »

New development plan of Pune to wait for another month

New development plan of Pune to wait for another month
The revised development plan which was suggested for old city by the elected members of Pune Municipal Corporation have to wait another month to see the light of the day. The civic body has claimed that it will take at least a month to publish and display the plan. Earlier, PMC had approved the development [...] Continue Reading »

PMC razes illegal constructions

PMC razes illegal constructions
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 »

Walhekarwadi in Pune to have more than 1000 low cost houses

Walhekarwadi in Pune to have more than 1000 low cost houses
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 »

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 »

Unsold properties in Pune give options to buyers

Unsold properties in Pune give options to buyers
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 »

Eco City, a new launch by Namrata Group in Pune

Eco City, a new launch by Namrata Group in Pune
Namrata Group has launched its new premium residential project, Namrata Ecocity  in Pune. It is located in Talegaon in Pune. The project offers 1 and 2 BHK apartments in the size range of 465- 676 sqft area. Namrata Ecocity offers world class amenities like club house, kids play area, multipurpose club to fullfill the recreational needs after a long [...] Continue Reading »

Pune real estate to boom with approval of 8% TDRs

Pune real estate to boom with approval of 8% TDRs
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 »



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