12 Jan 2026

CREDAI Pune has announced the 24th edition of the Pune Property Expo 2026, scheduled to be held from January 16 to 18 at the Agriculture College Ground, Pune. Positioned as the largest real estate exhibition organised by CREDAI Pune to date, the expo will bring together over 85 trusted developers showcasing more than 400 RERA-registered projects across Pune, PCMC and PMRDA regions. The platform aims to serve homebuyers and investors with a comprehensive view of residential and commercial offerings, ranging from affordable homes to luxury residences and Grade A commercial assets. Themed Poona to Pune, the exhibition highlights the city's evolution while underlining sustainable and future-ready real estate development.Read more

09 Jan 2026

Pune's proposed Yerawada Katraj underground tunnel project has progressed with the completion of a pre-feasibility report by the Pune Metropolitan Region Development Authority. The report will be submitted to the Pune Unified Metropolitan Transport Authority after the model code of conduct is lifted. The project is aimed at easing traffic congestion through a north south underground corridor. While initial feedback from the state government has been encouraging, decisions on alignment, costs, execution and funding will depend on further evaluations and approvals in the next stage.Read more

09 Jan 2026

Horizon Industrial Parks has strengthened its partnership with automotive components manufacturer Benteler Automotive India by leasing additional manufacturing space at its Chakan facility in Pune. The new lease underscores the growing demand for high-quality industrial infrastructure in established automobile hubs and reflects the broader push towards localisation within India's manufacturing ecosystem. By expanding its footprint, Benteler aims to reduce dependence on imports and improve supply-chain efficiency through in-house production capabilities. The development also highlights how integrated industrial parks with strategic locations, sustainability features and modern layouts are increasingly attracting global manufacturers looking to scale operations in India. This expansion reinforces Pune's position as a key automotive and manufacturing cluster and signals continued momentum in the country's industrial real estate sector.Read more

Pune News Desk

06 Jan 2026

Pune airport is preparing for significant growth in 2026, expecting an additional 10 lakh passengers, which marks around a 7 per cent rise compared to 2025. Domestic traffic grew by nearly 5 per cent last year, while international travel surged over 65 per cent. Authorities are focusing on infrastructure improvements, including a new Security Hold Area, terminal expansion, additional parking bays, and runway upgrades. The Indian Air Force allocated 15 extra flight slots, but airlines have not fully utilised them due to infrastructure limitations. Experts urge timely expansion to ensure smooth operations.Read more

Pune News Desk

01 Jan 2026

Residents from eastern Pune areas such as Wadgaon Sheri, Wagholi, Lohegaon and Dhanori have raised concerns over inadequate civic infrastructure that continues to affect daily living. They flagged persistent issues including irregular water supply, poor road conditions, ineffective drainage, traffic congestion and limited healthcare access. The residents submitted a detailed representation to the Pune Municipal Corporation, seeking time-bound action on essential services. Civic groups stated that rapid population growth in these areas has not been matched by infrastructure upgrades, resulting in mounting pressure on basic amenities.Read more

Pune News Desk

25 Dec 2025

Pune's residential market continued its strong performance in November, with more than 14,200 property registrations recorded, indicating healthy demand across the city. Stamp duty collections associated with these transactions surpassed INR 565 crore, reflecting solid revenue growth for civic authorities. Demand was broad-based across price segments, with homes priced up to around INR 1 crore accounting for a significant share of activity, while higher-priced units also contributed to overall volumes. Both central and peripheral sub-markets participated in the uptick, suggesting growing buyer interest driven by improved connectivity, employment hubs and lifestyle infrastructure. Through the first eleven months of 2025, Pune's housing transaction and revenue figures are among the strongest in recent years.Read more

Pune News Desk

24 Dec 2025

A firm associated with Parth Pawar, son of Maharashtra Deputy Chief Minister Shri Ajit Pawar, has moved a Pune civil court seeking cancellation of a sale deed linked to a 40-acre land parcel in Mundhwa. The land transaction, valued at INR 300 crore, came under scrutiny after authorities found that the plot was government-owned and not legally saleable. The civil suit names the power of attorney holder and original landowners as defendants. The case follows multiple FIRs, arrests, and an ongoing probe into alleged irregularities, including stamp duty evasion.Read more

22 Dec 2025

Shapoorji Pallonji Real Estate has forayed into the residential plotted development segment with the launch of its first project in Pune, responding to rising homebuyer interest in land-led housing formats. The 105-acre project, branded Treetopia, comprises 483 residential plots and carries an estimated revenue potential of around INR 600 crore. Located near the upcoming Purandar International Airport, the development marks a strategic expansion of the company's residential portfolio beyond group housing projects.Read more

20 Dec 2025

CREDAI Pune reinforced its focus on labour welfare by hosting the fourth edition of the Pride Best Facility Awards 2025, recognising developers for raising standards at construction worker residence camps. With participation from over 105 developers, the awards reflected growing industry commitment towards safe, hygienic and dignified living conditions for the workforce. Categories covered health, safety, skill development, women workers welfare, crèche facilities, innovation and debut projects. Senior civic officials and industry leaders highlighted how improved labour facilities enhance productivity, morale and long-term workforce stability. The initiative continues to push developers beyond compliance, positioning labour welfare as a core pillar of responsible real estate development.Read more

17 Dec 2025

The National Green Tribunal has allowed construction to resume at a major residential or mixed-use project in Pune's Baner area, subject to strict environmental safeguards. The order requires the developer to install real-time air quality monitoring systems and make pollution data publicly available. Mandatory dust-control measures, including water sprinkling, material covering and wheel-washing facilities, must be followed throughout construction. Regular reporting to pollution control authorities has also been directed, with provisions to halt work if limits are breached. The decision balances development needs in one of Pune's fast-growing residential hubs with concerns around air quality, public health and responsible urban growth.Read more

11 Dec 2025

The National Green Tribunal's Western Zone Bench has ordered an immediate halt to construction at a residential project in Baner after a neighbouring housing society complained of dust, noise and improper waste handling. The Tribunal reviewed a recent Maharashtra Pollution Control Board (MPCB) inspection, which flagged missing acoustic barriers, poor storage of raw materials, lack of controlled areas for cutting and grinding, and failure to follow construction-waste rules. Noting that earlier MPCB directions had not been effectively enforced, the NGT directed the Board to act on the developer's reply and ensure no work resumes until proper pollution-control measures are in place. The main case will be heard in April.Read more

10 Dec 2025

Welspun One has announced plans to develop a Grade-A logistics park in Pune's Talegaon MIDC Phase-IV, spread across roughly 1.2 million sq ft, supported by an investment of INR 550 crore. The company recently received a 46-acre land parcel for this project, which will cater to sectors such as 3PL, e-commerce, FMCG, automotive, engineering, and manufacturing. Pune's warehouse leasing activity has grown by about 10% compared to last year, with the Talegaon-Chakan region accounting for nearly 70% of the city's demand. The project aligns with Welspun One's continued expansion across major logistics corridors.Read more

28 Nov 2025

The Union Cabinet has approved an INR 9,858 crore Phase 2 expansion of Pune Metro, adding Lines 4 and 4A, covering roughly 31.6 km with 28 elevated stations. These lines will connect key IT, commercial, educational, and residential areas across Pune. Maha?Metro will handle all construction and systems work, with preliminary surveys and design activities already underway. Daily ridership on these corridors is expected to reach 4.09 lakh by 2028 and over 11.7 lakh by 2058. The expansion aims to enhance connectivity, reduce traffic congestion, and support long-term urban growth.Read more

26 Nov 2025

The PMRDA has approved an INR 156 crore plan to upgrade key roads in Khed taluka, particularly around the busy Chakan industrial area. The project includes widening and resurfacing seven PMRDA roads and five Major District Roads, expanding widths from 3.75 m to between 5.5 m and 10 m, with work targeted for completion in one year. To enable this, over 428 encroachments have been cleared, including 347 buildings. The initiative forms part of a larger INR 558.12 crore road development programme covering more than 40 km in and around Chakan. PMRDA has also begun land surveys for the proposed Chakan bypass, which will help divert heavy vehicles and ease local congestion.Read more

25 Nov 2025

Tishman Speyer and Axis Commercial Real Estate Fund have partnered with Kasturi Housing to develop a INR 1,700-crore commercial and IT office project in Pune's Balewadi area. The 1 million sq ft development will see Tishman Speyer and Axis hold a combined 50% stake, while Kasturi Housing provides the land and retains the remaining share. Tishman will manage the project, which forms part of a larger mixed-use layout. The partners say Pune's strong infrastructure growth and its base of over 360 global capability centres make it a high-potential office market. This marks the second investment from the Axis-Tishman commercial real estate platform, which targets major Indian office hubs.Read more

21 Nov 2025

GE Aerospace has announced a new USD 14 million investment to increase capacity at its 10-year-old manufacturing facility in Pune. The fresh funding adds to the USD 30 million committed last year, taking the total investment for the site to USD 44 million within a short period. The company will focus on upgrading manufacturing processes, increasing automation, and strengthening capabilities for advanced engine components. The Pune unit supports engines such as GE90, GEnx, GE9X and LEAP, and is backed by more than 300 suppliers locally and over 2,200 across India. The facility has also built a strong talent base over the past decade.Read more

18 Nov 2025

Gera Developments is set to expand its residential portfolio with a new wellness-focused housing project in Pune, involving an investment of about INR 1,100 crore. The 8-acre development will feature nearly 1,000 apartments across two phases, with the first phase offering about 500 units starting at around INR 1.25 crore. The company has also introduced wellness amenities such as yoga, pilates, aqua aerobics, nutrition support and personalised coaching through expert partnerships. Gera Developments, which operates in Pune, Goa and Bengaluru, is additionally planning six more wellness-centric projects in the coming years.Read more

14 Nov 2025

The Central Government has approved 1,000 electric buses for Pune under the PM E-DRIVE initiative, aimed at improving the city's public transport network and cutting emissions. Pune Mahanagar Parivahan Mahamandal Ltd. (PMPML), which currently operates about 2,000 buses 750 owned directly and the rest through contractors had submitted the proposal. Officials note that a fleet of at least 3,000 buses is needed to meet the city's growing demand. The approval follows persistent coordination between state and central authorities and complements the ongoing Pune Metro expansion.Read more

13 Nov 2025

Urban Vault has added two co-working centres in Pune, providing 92,000 sq ft and 2,500 seats, bringing its total Pune portfolio to 1.40 lakh sq ft and 3,500 seats. The new facilities in Baner and Viman Nagar include Grade-A spaces that have already secured enterprise clients. CEO Amal Mishra highlighted Pune's strong IT, manufacturing, and startup base as a driver of demand for flexible workspaces. Nationally, Urban Vault now manages 2.60 million sq ft with over 45,000 seats and reported INR 120 crore turnover for 2024-25.Read more

02 Nov 2025

Shriram Properties Ltd has entered into a joint development agreement with a landowner to develop a premium residential project in Hinjewadi, Pune, with an estimated gross development value (GDV) of around INR 700 crore. The project, spread across 0.7 million sq ft, will be the company's second venture in Pune. The firm, which recently entered into another similar agreement in North Bengaluru, continues to expand its footprint in key urban markets, supported by strong demand from the city's IT and industrial sectors.Read more