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01 Apr 2026
The Pune Municipal Corporation (PMC) has introduced a new policy mandating developers to link building permissions with land acquisition for road widening, aimed at addressing persistent infrastructure bottlenecks. Under the rule, developers must submit proposals to surrender affected land within 15 days of applying for approvals and physically hand it over before construction reaches the plinth level. The move comes as Pune's road network remains underdeveloped, with only about 9% of land allocated to roads against a recommended 15%. With traffic concentrated on a limited network of arterial roads, the civic body is seeking to streamline land acquisition and reduce litigation. The policy is expected to play a key role in supporting planned road expansion and improving urban mobility.Read more
31 Mar 2026
The Pune Municipal Corporation (PMC) has limited construction and excavation activities across the city to a 14-hour window, permitting work only between 7 am and 9 pm. The directive follows a rise in complaints from residents regarding noise and air pollution linked to ongoing construction projects. Authorities have stated that violations could attract enforcement action, including stop-work orders. The move is positioned as a response to public health concerns and aims to regulate construction-related disturbances in a city witnessing steady real estate activity. The decision also places additional compliance responsibilities on developers and contractors, particularly as Pune continues to expand into newly merged areas under PMC jurisdiction.Read more
30 Mar 2026
The Pune Municipal Corporation has proposed a 50% property tax concession for residential properties owned by women, limited to units measuring up to 500 sq ft, as part of its budget provisions for the upcoming financial year. The move, approved by the standing committee, stops short of a broader tax waiver that had been anticipated for small properties. The civic body continues to rely on property tax as a primary revenue source, with collections projected to remain a key contributor to municipal finances. The measure is intended to provide targeted relief while maintaining revenue stability, although it has drawn criticism from citizen groups seeking wider tax exemptions. The proposal forms part of a broader fiscal strategy focused on tax-based income streams and compliance measures.Read more
27 Mar 2026
Lubrizol Corporation, along with Ashirvad Pipes and support from Jal Seva Charitable Foundation, has upgraded water, sanitation and hygiene (WASH) infrastructure in four government schools in Pune district. The initiative benefits over 565 students and staff by improving access to safe drinking water and sanitation systems. The project includes installation of CPVC plumbing solutions and enables supply of up to 13,000 litres of clean water daily. It also incorporates hygiene awareness sessions aimed at students and teachers to encourage better sanitation practices and long-term behavioural improvement within the school environment.Read more
27 Mar 2026
Krisala Developers has completed over 388 digital property registrations as part of a week-long drive in Pune, including a single-day execution of 311 agreements at the Krisala Hiranandani Township in North Hinjawadi. The initiative has been recognised by the Indian Book of Records and the Asian Book of Records for the highest number of property registrations conducted by a developer. The registrations were carried out through an e-registration process, with each transaction completed within minutes. The drive reflects sustained demand for organised residential developments in Pune, supported by infrastructure growth and a strong technology-led employment base.Read more
27 Mar 2026
An unauthorised borewell drilling activity in Pune led to damage inside an underground metro tunnel on the Shivajinagar Swargate corridor. The drilling created a six-inch hole in the tunnel roof, causing water seepage and raising safety concerns. Police have booked both the contractor and the property owner for negligence and for endangering public infrastructure. The incident was traced after metro officials detected leakage during inspection. It has again highlighted the risks of unregulated excavation work in dense urban areas with critical underground infrastructure.Read more
25 Mar 2026
The Pune Municipal Corporation (PMC) is set to initiate legal proceedings against property owners after recording over 4,200 cheque bounce cases related to property tax payments in the current financial year. While around 3,600 defaulters have cleared their dues following repeated notices, action is being prepared against the remaining cases under provisions of the Negotiable Instruments Act. The move comes as the civic body intensifies tax recovery efforts ahead of the financial year-end, having already collected approximately INR 2,882 crore. The development highlights compliance challenges in municipal tax collection, a key revenue source for urban infrastructure and service delivery.Read more
25 Mar 2026
Supreme Universal has announced an investment of approximately INR 1,500 crore to develop a residential project in Punawale, Pune. The project, named Supreme Rivana, will be executed over 12.6 acres under a joint development agreement and will have a development potential exceeding three million sq ft. It will comprise more than 2,200 apartments across multiple phases, targeting the mid-to-premium housing segment with 2BHK, 3BHK and 4BHK configurations. The phased construction approach aligns with demand in West Pune, a micro-market witnessing sustained residential activity driven by infrastructure growth and proximity to employment hubs.Read more
24 Mar 2026
Paranjape Schemes Construction Ltd plans to invest around INR 700 crore to develop four residential projects in Pune as part of its expansion strategy. The projects, located in Pune West, will collectively offer around 1,400 units across 1.75 million sq ft, with an estimated revenue potential of approximately INR 1,175 crore. The launches are aligned with the festive season, traditionally a key period for housing demand in India. The company is also progressing with three large integrated township developments. The expansion comes against the backdrop of a decline in Pune's housing sales volumes in the past year, reflecting changing market conditions in the residential segment.Read more
23 Mar 2026
IndiQube Spaces Ltd has signed a leasing agreement with a foreign firm to provide 1,140 desks at its co-working facility, IndiQube Orchid, in Pune. The client is establishing a Global Capability Centre (GCC), with the deal valued at approximately INR 54 crore over a five-year tenure. The workspace is spread across multiple floors within the facility. The transaction reflects continued demand for flexible office solutions from multinational firms setting up GCCs in India. IndiQube, which was listed on stock exchanges in the past year, currently operates across 17 cities with a portfolio exceeding 9.55 million sq ft under management.Read more
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23 Mar 2026
Pune Municipal Corporation has approved an INR 126 crore flyover at Mundhwa junction to reduce congestion at one of the city's busiest traffic points. The 1.08 km structure will improve connectivity between Kharadi, Mundhwa, and nearby residential areas. Planned in coordination with a proposed metro corridor, the project aims to avoid future disruptions. With no land acquisition required and encroachments already cleared, execution is expected to be smoother. A pedestrian underpass has also been approved, while a railway flyover proposal remains under review due to technical challenges.Read more
21 Mar 2026
The completion timeline for the Hinjewadi Shivajinagar Metro corridor in Pune has been deferred again, with authorities citing construction and coordination challenges affecting progress. The project, being implemented by Pune IT City Metro Rail Limited (PITCMRL), is a key urban transit link connecting the city centre with the Hinjewadi IT hub. Initially targeted for earlier completion phases, the revised schedule now extends the delivery timeline beyond previous projections. The delay is attributed to land acquisition issues, utility shifting, and complexities in executing elevated structures along congested stretches. The corridor is expected to significantly ease traffic congestion upon completion, but repeated timeline revisions have raised concerns around execution pace and project management in large-scale urban infrastructure developments.Read more
21 Mar 2026
The Pune Municipal Corporation has constituted a committee to examine property tax-related grievances in areas merged into city limits, following sustained complaints from residents and elected representatives. The decision, taken in the past week under the leadership of Mayor Manjusha Nagpure, comes amid concerns over high tax assessments on residential and commercial properties in recently integrated villages. Residents have argued that the current tax structure does not account for infrastructure gaps and differs significantly from earlier gram panchayat-based systems. The committee will review representations, consult stakeholders, and recommend corrective measures in coordination with the state government. The move follows earlier suspension of tax collection in these areas and reflects ongoing efforts to address disparities in taxation as Pune expands its municipal boundaries.Read more
20 Mar 2026
Godrej Consumer Products Ltd (GCPL) has introduced a new warehouse facility in Pune as part of its strategy to improve supply chain efficiency and distribution capabilities. The development, announced in the past week, is aimed at streamlining logistics operations across western India while reducing turnaround times and improving inventory management. The facility is expected to support the company's expanding product portfolio and growing demand across urban and semi-urban markets. Located in a key logistics hub, the warehouse is positioned to enhance last-mile connectivity and operational agility. The move aligns with broader industry trends of strengthening warehousing infrastructure to support faster delivery cycles and resilient supply chains.Read more
18 Mar 2026
The cooperative department in Pune has dissolved the managing committee of a housing society in Lohegaon after it failed to provide documents requested by a member despite repeated directions from authorities. The complaint involved denial of access to financial and administrative records such as audit reports, account statements, and income-expenditure details. After reviewing the matter, the Deputy Registrar of Cooperative Societies removed all 18 committee members and placed the society under administrative supervision. The action highlights the legal obligation of cooperative housing societies to maintain transparency and provide records to members when formally requested.Read more
16 Mar 2026
Bharat Forge's aerospace division has inaugurated a new landing gear components machining facility in Mundhwa, Pune, developed in partnership with Liebherr-Aerospace & Transportation SAS. The plant will manufacture high-precision landing gear components used in civil and military aircraft programs. With this development, Bharat Forge becomes one of the few companies in India with OEM-approved capabilities to machine such critical aerospace parts at scale. The facility expands the company's aerospace portfolio and supports India's growing role in global aviation supply chains as aircraft production and demand for specialised components continue to increase.Read more
16 Mar 2026
The Pune Municipal Corporation (PMC) has earmarked INR 954 crore in its draft budget for FY2026-27 to fund infrastructure development in villages merged into the city's municipal limits in recent years. The allocation is aimed at addressing gaps in civic amenities such as roads, sewage networks and water supply in peripheral areas incorporated into the PMC jurisdiction through administrative expansion. The funding forms part of the civic body's proposed INR 13,995 crore municipal budget presented earlier this week by municipal commissioner Naval Kishore Ram. Officials said the investment is intended to standardise urban infrastructure across the expanded city and respond to demands from residents and elected representatives in newly incorporated areas who have raised concerns over inadequate services. The initiative also follows the transfer of planning authority for several merged villages from PMRDA to PMC.Read more
15 Mar 2026
CREDAI Pune hosted its General Body Meeting in Pune, bringing together developers, policymakers and industry experts to discuss the city's urban growth and real estate sector. During the event, the association launched CREDAIBILITY.AI, described as the world's first AI-powered property search platform aimed at enabling verified and transparent property discovery for homebuyers. Addressing the gathering, Murlidhar Mohol emphasised the need for collaboration between developers, government and citizens to maintain Pune's liveability amid rapid urbanisation. The meeting also highlighted initiatives such as collaboration with police on traffic management and policy representations related to regulatory issues affecting the real estate sector.Read more
14 Mar 2026
The Maharashtra property registration department is considering allowing online leave-and-licence (tenant) agreements in Pune district to be processed by any sub-registrar office rather than restricting approvals to the office within the property's jurisdiction. The proposal follows complaints over delays and a backlog of tenant registration applications across Pune's registration offices. Officials reported that more than 3,000 documents were pending recently, with some approvals taking up to 10 days despite a mandated 24-hour processing timeline. The proposed change would align Pune with the state's one district, one registration approach already implemented in districts such as Mumbai and Thane. Authorities said the initiative aims to distribute workloads more evenly across offices and reduce processing delays. The proposal is currently under consideration as officials address software compatibility issues between city and rural registration systems.Read more
13 Mar 2026
A joint venture between T&T Infra Ltd and Univastu India Ltd has secured a civil construction contract valued at INR 229.97 crore from Maharashtra Metro Rail Corporation Limited (Maha-Metro) for works associated with the Pune Metro Rail Project. The project covers the design and construction of a 1.123 km elevated metro viaduct along the Vanaz Chandani Chowk section of Line-2A. The scope also includes building two metro stations Kothrud Bus Depot and Chandani Chowk along with a first-level integrated double-decker flyover at the Kothrud Depot. Additional works involve constructing a foot overbridge connecting the corridor to a national highway and developing stabling lines at the Bhakti Shakti end of the PCMC Nigdi corridor. The contract will be executed through the T&T Univastu JV, with project completion scheduled within 27 months.Read more
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