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Khed SEZ gets environmental nod
The Union government on Wednesday granted environmental clearance to the ambitious Khed special economic zone (SEZ) project of Bharat Forge Limited (BFL). This is the only SEZ in the state to get an environmental clearance this year. An official statement from BFL read, “The (land) notification and environmental clearance is in place.Steps are being taken to [...]
Continue reading...PUNE METRO AND THE CITY
14. August 2010
A national round-table was organised recently in Pune to discuss various issues regarding the feasibility of the metro project in the city Parisar, an NGO working towards sustainable development in Pune, organised a national round-table on “Metro and the City”, which threw light on various issues regarding the viability of the metro system. The event [...]
Continue reading...Piramal Group’s realty fund picks up 24% in Flagship Infra
31. July 2010
Ajay Piramal Group promoted real estate fund Indiareit has picked up 24% stake in Flagship Infrastructure that is developing a township project and special economic zone (SEZ) project in Hinjewadi near Pune, a person familiar with the development said. Indiareit Offshore Fund had subscribed to 4,000 warrants of the entity and is now converting it into [...]
Continue reading...Pune metro project second corridor gets civic body nod
24. June 2010
Heated debates and high drama prevailed during the marathon six hour-long general body meeting of the Pune Municipal Corporation (PMC) on Wednesday which finally gave the green signal to the proposal to build a 14.925-km corridor of the Pune metro railway from Vanaz (Paud road) to Ramwadi (Ahmednagar road). The general body also resolved to execute [...]
Continue reading...Nod for metro without changes on June 5
29. May 2010
Suggestions will be sent to the state govt Mayor Mohansingh Rajpal on Friday said that the Pune Municipal Corporation’s general body (GB) will approve the proposal for the metro on the proposed 14.925 km metro corridor from Vanaz to Ramwadi. “The proposal will be approved in the GB meeting on June 5 without any amendments. There will [...]
Continue reading...PCNTDA Move to regularise illegal structures
24. May 2010
PCNTDA To Impose Fines, Devp Charges The Pimpri Chinchwad New Township Development Authority (PCNTDA) proposes to regularise several hundred unauthorised constructions in its area by imposing fines and development charges on the house-owners. The PCNTDA has issued a notification inviting suggestions and objections regarding the proposal. However, to implement the scheme, the PCNTDA will have to first modify [...]
Continue reading...Flats with amenities for cops at Lohegaon
23. May 2010
Work On Mega City Project Starts On June 1 The dream of every policeman to own an apartment of his own will soon be realised as the work on ‘Maharashtra police mega city project’ begins on June 1. Spread on 165 acres of land at Lohegaon village, the project is unique since it is for [...]
Continue reading...Despite protests, PMC to go ahead with Pune metro Rail
20. May 2010
Plan For Elevated Metro To Be Tabled Before GB On June 5: NCP Objections raised against the proposed elevated metro route from Vanaz to Ramwadi notwithstanding, the ruling parties in the Pune Municipal Corporation (PMC) on Wednesday categorically stated that the general body (GB) will approve the Delhi Metro Rail Corporation (DMRC) plan for an elevated [...]
Continue reading...Protest walk on May 2 to oppose current metro plan
30. April 2010
Members of the Pune Metro Janjagruti Abhiyaan (PMJA) and the Pune Technical Coalition will hold a protest walk on J M road at 5.30 pm on May 2 with placards, denouncing the Metro rail project in its current form. Girish Deshpande, coconvenor of the PMJA, said citizens have been appealed to join the walk in large [...]
Continue reading...Hotelier, builder among 4 held on land-grab charge
30. April 2010
The Criminal Investigation Department (CID), Pune, on Thursday evening arrested prominent city businessman and hotelier Ramkumar Agarwal, builder Ravindra Sankla, PCMC corporator Rajesh Pillay and former PMC corporator Ajay Bhosale in connection with a pending criminal case regarding the forcible acquisition of a 2.6-acre plot of land at Balewadi and the kidnapping of the security [...]
Continue reading...Extra FSI to make housing affordable
27. April 2010
State Raises Floor Space Index For Mhada Houses From 1 To 2.5; No Benefit For High Income Group Here is some good news for those looking for an affordable house in the city. Following the state government’s decision to allot additional 1.5 FSI (floor space index) for housing projects by the Maharashtra Housing and Area Development [...]
Continue reading...Mahindra Lifespace to set up two more biz townships
16. March 2010
The company is acquiring around 1,000 acres of land in Chennai and around 3,000 acres in Pune Mahindra Lifespace Developers Ltd is in the process of acquiring around 4,000 acres in Chennai and Pune, where it intends to set up two more business parks, a top official said late on Monday. The company is acquiring around 1,000 [...]
Continue reading...Rainwater harvesting: 600 property owners seek tax concession
12. March 2010
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 [...]
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20. August 2010
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