Pune, with a score of 5.1, has been ranked first, when it comes to local governance, followed by Kolkata, Thiruvananthapuram, Bhubaneswar and Surat, according to the Annual Survey of India’s City-System (ASICS) undertaken for … READ FULL STORY
Maharashtra’s finance minister Sudhir Mungantiwar, on March 9, 2018, presented the budget for 2018-19, which has an estimated revenue deficit of Rs 15,374 crores and focuses on improving infrastructure. While he made a provision … READ FULL STORY
In real estate lexicon, market drivers are developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far, the most important driver for real … READ FULL STORY
Hinjewadi is a well-developed location in Pune and has emerged as one of the most sought-after property markets for new home buyers. The region is beneficiary of the IT boom in the city of … READ FULL STORY
Beleaguered Pune-based builder DS Kulkarni, who is facing charges of cheating depositors, on February 8, 2018, appealed people to help his company, DSK Group, through crowdfunding. Addressing a press conference, Kulkarni said there are … READ FULL STORY
The official liquidator of the Bombay High Court, on February 7, 2018, told the Supreme Court that Mahindra Lifespaces and the Piramal Group have shown interest in purchasing the Sahara Group’s Aamby Valley properties, … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on February 7, 2018, directed the Maharashtra Metro Rail Corporation and the Maharashtra State Road Transport Corporation (MSRTC), to plan for the execution of the Swargate-Integrated Multi-Modal Transport Hub, … READ FULL STORY
Aggrieved home buyers in Maharashtra, may be able to look forward to an early and amicable resolution of their disputes with their developers, with Maharashtra becoming the first state in India to initiate the … READ FULL STORY
Union road transport and highways minister Nitin Gadkari, on January 30, 2018, said that he has directed the concerned civil aviation and defence officials, to immediately provide necessary clearances for the expansion of the … READ FULL STORY
The Bombay High Court, on January 25, 2018, granted Pune-based real estate developer, DSK Group, time till February 5, 2018, to deposit Rs 50 crores in the court to repay its investors, who have … READ FULL STORY
The Maharashtra government has received clearance from the Ministry of Defence, for preparing a detailed project report of the proposed international airport near Pune city, a state revenue official has said. German company Dorsch … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Jawaharlal Nehru called Pune as the Oxford of the east, owing to the many schools, colleges and management institutes that the city boasts of. Each year, Pune attracts thousands of students, from all over … READ FULL STORY
