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Rainwater harvesting: 600 property owners seek tax concession
Pune: Of the 6.5 lakh properties in Pune, just over 600 are implementing rainwater harvesting techniques. The issue gathered steam last year when a failed monsoon resulted in water shortage in the month of June, followed by water cuts by the civic body. Among the various options explored for the citizens to save water, rainwater harvesting [...]
Continue reading...PUNE : Realtor accuses CM of land scam
3. March 2010
PROPERTY MATTERS Pune resident alleges Chavan ordered land transfer to favour developer I had passed the order as a quasi judicial authority. If a party did not find it fair, they should have challenged it as per the procedure. ASHOK CHAVAN , chief minister A little more than 100 days after he assumed office, Chief Minister Ashok [...]
Continue reading...Realty sector more transparent now: Study
14. January 2010
Pune: The real estate sector in the country is evolving to become more and more transparent and following international best practices in all business arenas will be a standard norm, says a study by realty advisory Jones Lang LaSalle Meghraj (JLLM). The report says that the overall business climate of the real estate sector will [...]
Continue reading...Credai foresees realty price rise
11. January 2010
Says State Should Take Decision On DP And Release Locked-In Land Pune: With a major part of land locked-in by the Development Plan (DP) and with slums eating into whatever little is available, the Confederation of Real Estate Developers Association of India, Pune chapter (Credai Pune) is fearing a rise in residential property prices. The [...]
Continue reading...HIV+ widows often denied right to property, say experts
2. January 2010
Pune: Twenty-three-year-old Alka lives with the continuous fear of being robbed of her right to her husband’s property. The reason: Alka’s husband recently died of HIV infection and now, Alka’s inlaws want to evict her from the house as she is also HIV positive. Alka’s is not an isolated case. Soudamini, an NGO that works [...]
Continue reading...Ready reckoner rates increased by 11 per cent In Some Areas Rate Hiked By 20 Per Cent
2. January 2010
Pune: The ready reckoner rates (RRR), which are used as a base figure to calculate the registration charges on property deals, have been hiked by around 11 per cent in all major cities in the state. The new rates has been implemented from Friday. “In some prime areas the rates have been increased by 20 per [...]
Continue reading...Soon, property regn till 10 pm
2. January 2010
Pune: Soon, you may not be required to take leave for registration of property. The department of registration and stamps is planning to extend the timings at registration offices — one each in Pune, Mumbai and Thane, to 10 pm. Moreover, if the response is good, night shifts will be introduced in these departments. The process [...]
Continue reading...Builder critical after being shot at in office bldg
24. November 2009
Pune-based builder Nikhil Rane (41) was shot in the back by an unidentified man on the staircase of Anant Chambers on J M Road, where his office is situated, around 12.15 pm on Monday. Rane, proprietor of Rane Constructions and son of prominent lawyer R G Rane, was admitted to the Sancheti hospital, where his condition [...]
Continue reading...Quick transformation : Kothrud
7. November 2009
One of Asia’s fastest growing suburbs, Kothrud has set standards of speedy development and quality living Kothrud, situated on the south west of Pune, has become one of the most posh and upmarket areas of Pune owing to the rapid development in the city. Located on the main arterial lines of Pune, Kothrud is situated around Karve [...]
Continue reading...Pay property tax in time or be fined
15. October 2009
The Pune Municipal Corporation has declared that all citizens who do not pay their annual property tax before October 15, 2009, will be charged a fine of Rs 50 administrative charge and 50 paise per Rs 100 of the tax arrears as a notice fee. According to a statement issued by the PMC’s tax collection and [...]
Continue reading...Other cities in state may ape PMC’s eco-housing scheme
12. October 2009
Impressed with the Pune Municipal Corporation’s work on implementing seco-housing certification programme for housing projects constructed on the basis of eco-norms, the state environment department is considering extending the concept to other cities in the state. State environment secretary Valsa Nair Singh told TOI that the details have not been worked out yet as to how [...]
Continue reading...Pimpri-Chinchwad Planned residential development
3. October 2009
Pimpri-Chinchwad, the twin city located south-east of Mumbai and closer to Pune, is the fifth most populated city of Maharashtra and also one of the most prominent industrial destinations outside Mumbai and Pune. In fact, Pimpri-Chinchwad is the decisive factor in making Pune the second largest industrial city in Maharashtra after Mumbai. Over 4000 industrial [...]
Continue reading...Pune Based Vascon Plans Rs 25 Crore Residential Project in Nashik
23. September 2009
Pune-based Vascon Engineers is planning to commence Phase 2 of ‘Vista’, its residential project, at Indiranagar in Nashik, with Rs 25 crore investment. Besides, the company has just opened its first IT Park in Nashik, with a built-up area of 3.5 lakh sq ft. “We are planning to commence the 2nd phase of our residential project [...]
Continue reading...Pune land zones altered on ‘request’
16. September 2009
A few days before the election code of conduct came into force on August 31, the state Urban Development Department (UDD) issued a slew of notifications pertaining to change of land use around Pune. Interestingly, some of the government orders have been issued following “requests’’ from individuals. In a notification dated August 27, 2009, the UDD, [...]
Continue reading...Credai to educate construction workers
12. September 2009
Pune: In a bid to prevent H1N1 flu among construction workers, the Pune chapter of the Confederation of Real Estate Developers Association of India (Credai) has undertaken an awareness campaign, a press note said. J P Shroff, chairman, labour committee, Credai, said, “There are nearly 40,000 workers at various sites. We are fortunate not to have [...]
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12. March 2010
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