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Pune

Negative demand hits office spaces

Negative demand hits office spaces
Recession hitting the job markets also had a bad impact on commercial spaces! Due to the current economic scenario, demand for office spaces in metro and major cities in the country has gone down drastically. In April-June quarter, the demand was 10.5 million sq ft area and in July-September quarter, it has fallen down to [...] Continue Reading »

Times Budget Homes Expo for Pune buyers

Times Budget Homes Expo for Pune buyers
Buying a home for yourself? March into the Times Budget Homes Expo which starts today in Pune. The exhibition is for buyers looking for affordable housing within budgetable rates. It will be a 2 days show and the venue for the exhibition is fixed at Hotel Pride, Shivajinagar. All the renowned builders and developers will [...] Continue Reading »

MGSN tries to come out clean

MGSN tries to come out clean
The land acquisition allegations blamed on Maharashtra Gandhi Smarak Nidhi (MGSN) has been hold false by the group as they have the legal rights and title of the land in Kothrud. The allegations were made on the group when they were handing over the land to developers for redevelopment purpose. The allegations have been made [...] Continue Reading »

Pune to get an IT Park

Pune to get an IT Park
There might be no shortage of jobs in Pune in future! Pune Municipal Corporation (PMC) has shown a light of hope to Pune residents by giving a hint of an IT Park in the city. It was announced at the Engineering College Ground during an exhibition. The location is still not yet decided. Pimpri Chinchwad [...] Continue Reading »

Pune in top spot of realty market

Pune in top spot of realty market
Many buyers and investors favour Pune compared to other major cities in case of real estate sector. The main reason is due to hike in property prices, rigid government procedure and less demand in other cities. According to a report presented by Liases and Foras, a real estate research firm, there has been a negative [...] Continue Reading »

No hike in Pune property tax next year!

No hike in Pune property tax next year!
The property buyers will be relaxed to know that they do not have to shell out extra on property tax next year. Pimpri-Chinchwad Municipal Corporation (PCMC) has announced no hike in property tax in 2012-13 and it will be the same as this year. The proposal was doing rounds from November 19 and it has [...] Continue Reading »

Mumbai “the expensive city”

Mumbai “the expensive city”
Gone are the days when petrol, grocery, housing rent were much affordable. Today affordability has become a mirage and similar is life in Mumbai today. May it be an individual who has rented a house or an apartment, spending on fuel and grocery all they realize is that they are surviving in most expensive city. [...] Continue Reading »

Auction of VSNL surplus land nearing

Auction of VSNL surplus land nearing
Videsh Sanchar Nigam Ltd (VSNL) is planning to bid away its surplus land very soon. The land is spread over 773 acres and is estimated around Rs 6200 crore. The biggest part is available in Pune and the most expensive in in Delhi. The land was unused since 2002 and the now luck has favoured it [...] Continue Reading »

Hoardings on roadside increase traffic chaos

Hoardings on roadside increase traffic chaos
The traffic chaos in Pune city has been increasing drastically. The hoardings and the flex boards with attractive messages on them have paved way for this chaotic traffic. Nearly 15 to 20 hoardings with attractive offer messages and advertisements are attracting the commuters. Many of the commuters have started blocking the roads by pausing and [...] Continue Reading »

NIMZ to expand township growth

NIMZ to expand township growth
The National Investment and Manufacturing Zone (NIMZ) will soon be floored in Pune. This manufacturing plan will be under the governance of Maharashtra government. Maharashtra Industrial Development Corporation (MIDC) has identified has already identified land around the area limits of Amaravati and Nagpur also. The first phase of development will be started off with a [...] Continue Reading »



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