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pmc

How PMRDA Can Power Up Pune Real Estate

The formation of the Pune Metropolitan Region Development Authority (PMRDA) is a very positive step. This model, which has already worked very well in Mumbai’s MMRDA, has so far not been able to see implementation in Pune despite being tabled several times. Chief Minister Devendra Fadnavis is rightfully determined to see it through and make […]

nikunj.j

I_architectural floor plans

Floor Space Index in 8 Major Cities

Floor space index (FSI) or floor area ratio (FAR) basically defines the ratio of the total covered area of construction to the total plot size. For example, if the FSI/FAR is 1 and the total plot area is 2,000 sq. ft., then the maximum buildable area of the building must not be more than 2,000 […]

karthik.k

East Pune Witnesses Slew of New Projects

East Pune has been witnessing a slew of new projects across a wide budget range mainly because of the proximity to some important business centres such as Kharadi and Hadapsar as well as good social amenities. Some of the areas that top the supply are Kharadi, Viman Nagar and Mundhwa. Viman Nagar Viman Nagar is […]

karthik.k

Will property tax hike in Pune?

Property tax is a tax levied by the Government or the local governing body over a property which the owner of the property is bound to pay. Property tax is the main source of income for any governing authority of a state. All the property in a state is subjected to pay tax except foreign […]

antone

PMC to check 50,000 residential properties for commercial use

Pune civic administration has planned to screen about 50,000 of residential properties in the city, to analyse its commercial use. The move is expected to increase the property tax revenue by about Rs. 50 crores. Additional commissioner of Pune Municipal Corporation (PMC) informed that the drive would commence from mid-November and is expected to continue […]

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