13 Apr 2026

Ashiana Housing has acquired a 28.55-acre land parcel in Pune, Maharashtra, to develop a senior living housing project with an estimated revenue potential of INR 1,800 crore. The development will have a saleable area of around 20 lakh sq ft and marks the company's largest land acquisition for a senior housing project to date. The move comes amid rising demand for senior living communities, with the developer actively seeking land in key markets. The acquisition also follows a strong sales performance by the company in the past financial year, with record pre-sales and a significant increase in quarterly bookings.Read more

Pune News Desk

11 Apr 2026

The Maharashtra Pollution Control Board (MPCB) has directed the Pune Municipal Corporation to address gaps in sewage treatment infrastructure within six months and achieve full sewer network coverage within four months, following a recent review of pollution levels in the city. The directive, issued in the past week, comes after findings that Pune generates around 980 million litres per day (MLD) of sewage, of which nearly 500 MLD is being discharged untreated into the Mula and Mutha rivers through multiple drains. The regulator has asked the civic body to intercept major nullahs, halt direct discharge, and submit a time-bound action plan. The order also covers improvements in solid waste management and air pollution control, indicating broader concerns around urban environmental infrastructure and compliance.Read more

11 Apr 2026

A Pune sessions court has rejected anticipatory bail pleas of a homeowner and a borewell contractor accused of damaging an underground metro tunnel in Shukrawar Peth. The incident occurred during unauthorised drilling, which punctured the tunnel and caused water seepage onto the tracks. The court noted serious risks to public safety and infrastructure and allowed the investigation to proceed without protection from arrest. A case has been registered under the Bharatiya Nyaya Sanhita and the Metro Railways Act, with potential imprisonment of up to 10 years.Read more

Pune News Desk

09 Apr 2026

The Pune Metropolitan Region Development Authority (PMRDA) has sought a decision from the Maharashtra government regarding the execution of the Maan Mhalunge Town Planning Scheme (TPS-1), following administrative changes that brought parts of the project area under the Pune Municipal Corporation (PMC). The scheme, spread across nearly 250 hectares near the Hinjewadi IT hub, is at an advanced approval stage but remains pending due to ambiguity over the implementing authority. PMRDA has requested clarity on whether it will continue as the Special Planning Authority or if PMC will take over. The project, which includes infrastructure provisioning and land reconstitution, has undergone multiple revisions and consultations, with delays affecting landowners and development timelines.Read more

Pune News Desk

06 Apr 2026

The Pune Municipal Corporation (PMC) has reported a revenue shortfall of nearly INR 3,400 crore for the financial year ending recently, having collected around INR 9,200 crore against a target of INR 12,600 crore. The deficit has been largely attributed to lower-than-expected income from building permissions and weak property tax recovery, particularly in newly merged areas. While the number of taxpayers increased, collections did not keep pace, with a significant portion of revenue coming through an amnesty scheme. Civic officials cited legal complications in land measurement and delays in project approvals as key constraints, while activists raised concerns over the administration's reliance on periodic relief schemes instead of sustained enforcement.Read more

05 Apr 2026

KSH Distriparks has inaugurated Pune's first dedicated empty container yard, a 15-acre facility located near the Mumbai-Pune Expressway, aimed at improving container availability in a key manufacturing and export corridor. The yard is designed to handle up to 100,000 TEUs annually and offers integrated services including storage, repair, washing and vehicle pre-delivery inspection (PDI). The development addresses a long-standing infrastructure gap in the Chakan Talegaon belt, where rising industrial and export activity had led to operational inefficiencies. The facility is expected to streamline container turnaround times and strengthen logistics support for exporters, shipping lines and industrial operators in the region.Read more

Pune News Desk

02 Apr 2026

Citizen groups and housing federations in Pune have called for legal action against developers who failed to fulfil water supply commitments made during project approvals. The demand follows growing complaints from residents in peripheral areas who remain dependent on private tankers despite assurances of interim water supply by builders. The issue was reviewed in a joint meeting involving the Pune Municipal Corporation (PMC), Pimpri Chinchwad Municipal Corporation (PCMC) and PMRDA, convened in line with a High Court-directed process. Authorities have been urged to enforce developer undertakings, publish water-related affidavits online, and ensure accountability. The situation highlights structural gaps in urban infrastructure delivery and compliance in fast-expanding residential zones.Read more

Pune News Desk

02 Apr 2026

A government panel led by Vikas Kharge has found that revenue officials had identified irregularities in the Mundhwa land transaction in Pune and had blocked the mutation request at the initial stage. However, the issue was not escalated properly, allowing procedural lapses to weaken the scrutiny. The report highlights that around 45 acres of government land was registered in 2005 in the name of a private firm for INR 300 crore. It also points to administrative negligence, confusion in land classification, and improper actions related to the Botanical Survey of India's lease.Read more

Pune News Desk

01 Apr 2026

The Pune Municipal Corporation (PMC) has introduced a new policy mandating developers to link building permissions with land acquisition for road widening, aimed at addressing persistent infrastructure bottlenecks. Under the rule, developers must submit proposals to surrender affected land within 15 days of applying for approvals and physically hand it over before construction reaches the plinth level. The move comes as Pune's road network remains underdeveloped, with only about 9% of land allocated to roads against a recommended 15%. With traffic concentrated on a limited network of arterial roads, the civic body is seeking to streamline land acquisition and reduce litigation. The policy is expected to play a key role in supporting planned road expansion and improving urban mobility.Read more

Pune News Desk

31 Mar 2026

The Pune Municipal Corporation (PMC) has limited construction and excavation activities across the city to a 14-hour window, permitting work only between 7 am and 9 pm. The directive follows a rise in complaints from residents regarding noise and air pollution linked to ongoing construction projects. Authorities have stated that violations could attract enforcement action, including stop-work orders. The move is positioned as a response to public health concerns and aims to regulate construction-related disturbances in a city witnessing steady real estate activity. The decision also places additional compliance responsibilities on developers and contractors, particularly as Pune continues to expand into newly merged areas under PMC jurisdiction.Read more

Pune News Desk

30 Mar 2026

The Pune Municipal Corporation has proposed a 50% property tax concession for residential properties owned by women, limited to units measuring up to 500 sq ft, as part of its budget provisions for the upcoming financial year. The move, approved by the standing committee, stops short of a broader tax waiver that had been anticipated for small properties. The civic body continues to rely on property tax as a primary revenue source, with collections projected to remain a key contributor to municipal finances. The measure is intended to provide targeted relief while maintaining revenue stability, although it has drawn criticism from citizen groups seeking wider tax exemptions. The proposal forms part of a broader fiscal strategy focused on tax-based income streams and compliance measures.Read more

Pune News Desk

27 Mar 2026

Lubrizol Corporation, along with Ashirvad Pipes and support from Jal Seva Charitable Foundation, has upgraded water, sanitation and hygiene (WASH) infrastructure in four government schools in Pune district. The initiative benefits over 565 students and staff by improving access to safe drinking water and sanitation systems. The project includes installation of CPVC plumbing solutions and enables supply of up to 13,000 litres of clean water daily. It also incorporates hygiene awareness sessions aimed at students and teachers to encourage better sanitation practices and long-term behavioural improvement within the school environment.Read more

27 Mar 2026

Krisala Developers has completed over 388 digital property registrations as part of a week-long drive in Pune, including a single-day execution of 311 agreements at the Krisala Hiranandani Township in North Hinjawadi. The initiative has been recognised by the Indian Book of Records and the Asian Book of Records for the highest number of property registrations conducted by a developer. The registrations were carried out through an e-registration process, with each transaction completed within minutes. The drive reflects sustained demand for organised residential developments in Pune, supported by infrastructure growth and a strong technology-led employment base.Read more

Pune News Desk

27 Mar 2026

An unauthorised borewell drilling activity in Pune led to damage inside an underground metro tunnel on the Shivajinagar Swargate corridor. The drilling created a six-inch hole in the tunnel roof, causing water seepage and raising safety concerns. Police have booked both the contractor and the property owner for negligence and for endangering public infrastructure. The incident was traced after metro officials detected leakage during inspection. It has again highlighted the risks of unregulated excavation work in dense urban areas with critical underground infrastructure.Read more

Pune News Desk

25 Mar 2026

The Pune Municipal Corporation (PMC) is set to initiate legal proceedings against property owners after recording over 4,200 cheque bounce cases related to property tax payments in the current financial year. While around 3,600 defaulters have cleared their dues following repeated notices, action is being prepared against the remaining cases under provisions of the Negotiable Instruments Act. The move comes as the civic body intensifies tax recovery efforts ahead of the financial year-end, having already collected approximately INR 2,882 crore. The development highlights compliance challenges in municipal tax collection, a key revenue source for urban infrastructure and service delivery.Read more

Pune News Desk

25 Mar 2026

Supreme Universal has announced an investment of approximately INR 1,500 crore to develop a residential project in Punawale, Pune. The project, named Supreme Rivana, will be executed over 12.6 acres under a joint development agreement and will have a development potential exceeding three million sq ft. It will comprise more than 2,200 apartments across multiple phases, targeting the mid-to-premium housing segment with 2BHK, 3BHK and 4BHK configurations. The phased construction approach aligns with demand in West Pune, a micro-market witnessing sustained residential activity driven by infrastructure growth and proximity to employment hubs.Read more

24 Mar 2026

Paranjape Schemes Construction Ltd plans to invest around INR 700 crore to develop four residential projects in Pune as part of its expansion strategy. The projects, located in Pune West, will collectively offer around 1,400 units across 1.75 million sq ft, with an estimated revenue potential of approximately INR 1,175 crore. The launches are aligned with the festive season, traditionally a key period for housing demand in India. The company is also progressing with three large integrated township developments. The expansion comes against the backdrop of a decline in Pune's housing sales volumes in the past year, reflecting changing market conditions in the residential segment.Read more

23 Mar 2026

IndiQube Spaces Ltd has signed a leasing agreement with a foreign firm to provide 1,140 desks at its co-working facility, IndiQube Orchid, in Pune. The client is establishing a Global Capability Centre (GCC), with the deal valued at approximately INR 54 crore over a five-year tenure. The workspace is spread across multiple floors within the facility. The transaction reflects continued demand for flexible office solutions from multinational firms setting up GCCs in India. IndiQube, which was listed on stock exchanges in the past year, currently operates across 17 cities with a portfolio exceeding 9.55 million sq ft under management.Read more

Pune News Desk

23 Mar 2026

Pune Municipal Corporation has approved an INR 126 crore flyover at Mundhwa junction to reduce congestion at one of the city's busiest traffic points. The 1.08 km structure will improve connectivity between Kharadi, Mundhwa, and nearby residential areas. Planned in coordination with a proposed metro corridor, the project aims to avoid future disruptions. With no land acquisition required and encroachments already cleared, execution is expected to be smoother. A pedestrian underpass has also been approved, while a railway flyover proposal remains under review due to technical challenges.Read more

Pune News Desk

21 Mar 2026

The completion timeline for the Hinjewadi Shivajinagar Metro corridor in Pune has been deferred again, with authorities citing construction and coordination challenges affecting progress. The project, being implemented by Pune IT City Metro Rail Limited (PITCMRL), is a key urban transit link connecting the city centre with the Hinjewadi IT hub. Initially targeted for earlier completion phases, the revised schedule now extends the delivery timeline beyond previous projections. The delay is attributed to land acquisition issues, utility shifting, and complexities in executing elevated structures along congested stretches. The corridor is expected to significantly ease traffic congestion upon completion, but repeated timeline revisions have raised concerns around execution pace and project management in large-scale urban infrastructure developments.Read more