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property for sale in pune

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 […]

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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 […]

Pune has second highest deferment of malls in India

The retail real estate sector in Pune has directly gained momentum from its IT boom. The inflow of migrants, in search of better job and educational opportunities has increased the living standard of people in the city. Buoyed by a benign environment, the retail and hospitality sector in the city has enjoyed a robust growth […]

Pune Municipal Corporation to develop bus bays to curb traffic congestion

PMP Pravasi Manch- the bus commuters group, had urged the Pune Municipal Corporation to set up bus bays across all the bus stops in the city. The demand put forward has been accepted and the authority has decided to construct bus bays at all bus stops in the city, with an aim to reduce traffic […]

Building Metro’s Corridor II to be a daunting task

Earlier last week, the Pune Metro Rail Project was approved by the state government of Maharashtra, which also decided to partially fund the project. While 40% of the total cost would be provided by the state and the central government, the rest would be funded by PMC, PCMC and the private market. Features of the […]

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