7 hours ago
Welspun Enterprises has leased over 4.5 lakh sq ft of office space in Hinjewadi, Pune, marking one of the largest commercial leasing transactions in the city in recent months. The space, located in a Grade A IT park, has been taken on a five-year lease with a total rental commitment exceeding INR 82 crore. The deal reflects sustained occupier demand in Pune’s western IT corridor, driven by expansion plans of domestic firms and continued traction from Global Capability Centres. Hinjewadi remains a key micro-market for large-format office transactions.Read more
8 hours ago
Maha Metro has made it mandatory to obtain a No Objection Certificate before starting any construction, excavation, or utility-related work within 20 metres of Pune Metro tunnels and viaducts. The decision has been taken after recent incidents of unauthorised digging that led to structural damage near metro infrastructure. The rule applies to builders, developers, housing societies, and government agencies. Activities such as borewell drilling, foundation work, and laying of utility lines are included. Authorities have warned of strict legal action and recovery of damages for violations.Read more
16 hours ago
Pune's metro expansion plans have received fresh proposals from corporators seeking better connectivity across emerging residential and industrial areas. Suggestions include extending the Vanaz Chandni Chowk line to Pirangut, developing a new Katraj Dehu Road corridor, and expanding the Yerawada route towards Vishrantwadi, Alandi Road and Lohegaon airport. These proposals were placed before the civic committee for review. The move builds on ongoing and previously approved metro expansions, reflecting growing demand for improved public transport in fast-developing peripheral areas of the city.Read more
20 Apr 2026
Ready Mix Concrete (RMC) manufacturers in Pune have collectively paused operations across nearly 300 plants, with the shutdown taking effect from midnight in the past week as part of a planned compliance and standardisation exercise. The sector, which supplies around 9 lakh cubic metres of concrete monthly and contributes an estimated INR 5,400 crore annually, stated that the move is not a strike but a structured initiative to upgrade safety, environmental and operational standards. The temporary halt is expected to impact construction activity across infrastructure and housing projects, with developers flagging potential delays and increased reliance on on-site concrete mixing. The industry has also reiterated the need for a unified regulatory framework and single-window clearances.Read more
14 Apr 2026
Chitale Bandhu Mithaiwale will launch its new Ranje Vision Park near Pune on April 16, inaugurated by Maharashtra Chief Minister Shri Devendra Fadnavis. Spread across 25 acres with an investment of around INR 250 crore, the facility includes advanced production units for sweets and savouries with a capacity of 40 tonnes per day. Built to global food safety standards, the plant also features customer viewing galleries showcasing automated processes. The expansion supports the brand's growth in domestic and international markets, with plans to scale its retail presence from 1.25 lakh to 5 lakh touchpoints over the next three years.Read more
13 Apr 2026
Ashiana Housing has acquired a 28.55-acre land parcel in Pune, Maharashtra, to develop a senior living housing project with an estimated revenue potential of INR 1,800 crore. The development will have a saleable area of around 20 lakh sq ft and marks the company's largest land acquisition for a senior housing project to date. The move comes amid rising demand for senior living communities, with the developer actively seeking land in key markets. The acquisition also follows a strong sales performance by the company in the past financial year, with record pre-sales and a significant increase in quarterly bookings.Read more
11 Apr 2026
The Maharashtra Pollution Control Board (MPCB) has directed the Pune Municipal Corporation to address gaps in sewage treatment infrastructure within six months and achieve full sewer network coverage within four months, following a recent review of pollution levels in the city. The directive, issued in the past week, comes after findings that Pune generates around 980 million litres per day (MLD) of sewage, of which nearly 500 MLD is being discharged untreated into the Mula and Mutha rivers through multiple drains. The regulator has asked the civic body to intercept major nullahs, halt direct discharge, and submit a time-bound action plan. The order also covers improvements in solid waste management and air pollution control, indicating broader concerns around urban environmental infrastructure and compliance.Read more
11 Apr 2026
A Pune sessions court has rejected anticipatory bail pleas of a homeowner and a borewell contractor accused of damaging an underground metro tunnel in Shukrawar Peth. The incident occurred during unauthorised drilling, which punctured the tunnel and caused water seepage onto the tracks. The court noted serious risks to public safety and infrastructure and allowed the investigation to proceed without protection from arrest. A case has been registered under the Bharatiya Nyaya Sanhita and the Metro Railways Act, with potential imprisonment of up to 10 years.Read more
09 Apr 2026
The Pune Metropolitan Region Development Authority (PMRDA) has sought a decision from the Maharashtra government regarding the execution of the Maan Mhalunge Town Planning Scheme (TPS-1), following administrative changes that brought parts of the project area under the Pune Municipal Corporation (PMC). The scheme, spread across nearly 250 hectares near the Hinjewadi IT hub, is at an advanced approval stage but remains pending due to ambiguity over the implementing authority. PMRDA has requested clarity on whether it will continue as the Special Planning Authority or if PMC will take over. The project, which includes infrastructure provisioning and land reconstitution, has undergone multiple revisions and consultations, with delays affecting landowners and development timelines.Read more
06 Apr 2026
The Pune Municipal Corporation (PMC) has reported a revenue shortfall of nearly INR 3,400 crore for the financial year ending recently, having collected around INR 9,200 crore against a target of INR 12,600 crore. The deficit has been largely attributed to lower-than-expected income from building permissions and weak property tax recovery, particularly in newly merged areas. While the number of taxpayers increased, collections did not keep pace, with a significant portion of revenue coming through an amnesty scheme. Civic officials cited legal complications in land measurement and delays in project approvals as key constraints, while activists raised concerns over the administration's reliance on periodic relief schemes instead of sustained enforcement.Read more
05 Apr 2026
KSH Distriparks has inaugurated Pune's first dedicated empty container yard, a 15-acre facility located near the Mumbai-Pune Expressway, aimed at improving container availability in a key manufacturing and export corridor. The yard is designed to handle up to 100,000 TEUs annually and offers integrated services including storage, repair, washing and vehicle pre-delivery inspection (PDI). The development addresses a long-standing infrastructure gap in the Chakan Talegaon belt, where rising industrial and export activity had led to operational inefficiencies. The facility is expected to streamline container turnaround times and strengthen logistics support for exporters, shipping lines and industrial operators in the region.Read more
02 Apr 2026
Citizen groups and housing federations in Pune have called for legal action against developers who failed to fulfil water supply commitments made during project approvals. The demand follows growing complaints from residents in peripheral areas who remain dependent on private tankers despite assurances of interim water supply by builders. The issue was reviewed in a joint meeting involving the Pune Municipal Corporation (PMC), Pimpri Chinchwad Municipal Corporation (PCMC) and PMRDA, convened in line with a High Court-directed process. Authorities have been urged to enforce developer undertakings, publish water-related affidavits online, and ensure accountability. The situation highlights structural gaps in urban infrastructure delivery and compliance in fast-expanding residential zones.Read more
02 Apr 2026
A government panel led by Vikas Kharge has found that revenue officials had identified irregularities in the Mundhwa land transaction in Pune and had blocked the mutation request at the initial stage. However, the issue was not escalated properly, allowing procedural lapses to weaken the scrutiny. The report highlights that around 45 acres of government land was registered in 2005 in the name of a private firm for INR 300 crore. It also points to administrative negligence, confusion in land classification, and improper actions related to the Botanical Survey of India's lease.Read more
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