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01 Aug 2026
Paranjape Schemes (Construction) Ltd. has launched The Promenade Residences, a premium residential development within its 150-acre Blue Ridge integrated township in Hinjewadi Phase 1, Pune. The 32-storey project comprises spacious residences with river-facing views and forms part of the township's mixed-use ecosystem, which includes residential, commercial, educational and recreational facilities. Located close to Pune's major IT corridor, the development aims to cater to homebuyers seeking larger homes within an established township. Residents will have access to amenities including a golf course, sports facilities, retail spaces and community infrastructure, while benefiting from improved regional connectivity and proximity to employment hubs.Read more
29 Jul 2026
The Pune Municipal Corporation (PMC) has identified 12 priority road projects that it plans to complete over the next year to strengthen the city's road connectivity and ease congestion. The initiative focuses on constructing long-pending "missing links" that interrupt traffic flow across several neighbourhoods. By completing these stretches, the civic body aims to reduce travel time, improve connectivity between major corridors and create a more efficient urban road network while addressing bottlenecks caused by incomplete infrastructure.Read more
29 Jul 2026
The Pune Municipal Corporation (PMC) has officially taken over the Pune Metropolitan Region Development Authority's (PMRDA) flagship town planning (TP) schemes after nearly eight years of planning and administrative processes. The transfer follows the inclusion of 23 villages into PMC limits, bringing the planning and implementation of these schemes under the civic body's jurisdiction. The move is expected to streamline approvals, infrastructure planning and project execution while ensuring better coordination between urban planning and civic development in the newly merged areas.Read more
28 Jul 2026
Pune Metro Line 3 has achieved a major milestone after the Commissioner of Metro Rail Safety (CMRS) approved the first 13-km section of the corridor for passenger operations. The cleared stretch connects Maan with the R.K. Laxman Museum station forms part of the 23-km Hinjewadi-Shivajinagar Metro line. With the mandatory safety certification now secured, the project has entered its final operational stage, and commuter services are expected to begin after the completion of statutory and administrative formalities.Read more
28 Jul 2026
Pune Police have launched an investigation into an alleged property fraud involving the use of forged documents purportedly issued by the Pune Metropolitan Region Development Authority (PMRDA) and the Pune Municipal Corporation (PMC). A case has been registered against 22 individuals for allegedly using fabricated approvals and records during property transactions. The investigation aims to uncover the extent of the fraud, identify those responsible for preparing the forged documents and strengthen safeguards against document-related malpractice in the real estate sector.Read more
25 Jul 2026
The Pune Cantonment Board (PCB) has initiated redevelopment measures for nearly 100 buildings identified as structurally unsafe following safety assessments across the cantonment area. Property owners have been directed to take corrective action, including redevelopment where necessary, to mitigate risks to residents and the public. The move forms part of the board's efforts to improve public safety, address ageing building stock and ensure that structurally vulnerable properties comply with applicable construction and safety regulations.Read more
25 Jul 2026
Pune's residential market is entering a new phase of growth, driven by expanding infrastructure, strong housing demand and the emergence of new investment corridors. While established locations continue to perform well, improving connectivity through projects such as Metro Line 3 and the Pune Ring Road is directing buyer interest towards developing micro-markets including Manjari, Tathawade, Ravet and Wagholi. With record residential launches, steady sales growth and rising capital values, investors are increasingly prioritising neighbourhoods that combine connectivity, social infrastructure and long-term liveability. As the city evolves beyond its traditional residential hubs, identifying these emerging growth corridors is becoming central to making informed and sustainable real estate investment decisions.Read more
22 Jul 2026
Smartworks Coworking Spaces Ltd has expanded its engagement with L&T Technology Services by leasing more than 1,100 managed workspace desks at its Pune facility. The five-year agreement is expected to generate rental income of INR 55 crore for Smartworks. With the latest transaction, the flexible workspace operator now manages over 2,750 desks for L&T Technology Services across multiple cities. The deal reflects continued demand from large enterprises for managed office campuses offering operational flexibility and scalability. As of the end of FY2025–26, Smartworks operated a portfolio of 16.1 million sq ft across 66 centres in India and Singapore, serving more than 770 enterprise clients.Read more
19 Jul 2026
AmpereHour Energy has inaugurated a Battery Energy Storage System (BESS) manufacturing and integration facility at Chakan in Pune, marking its expansion from a system integrator into battery energy storage manufacturing. The facility will manufacture and integrate containerised and cabinet-based battery DC-AC blocks for utility-scale and commercial and industrial applications. Designed with a planned manufacturing capacity of 5 GWh, the plant incorporates the company's proprietary ELINA Energy Management System (EMS) and AH-Suite digital quality management platform to support testing, performance validation and product traceability. The investment forms part of the company's localisation strategy under the Make in India initiative and is intended to strengthen domestic battery energy storage manufacturing capabilities as demand for grid-scale storage and renewable energy integration continues to grow across India.Read more
16 Jul 2026
Antony Waste Handling Cell has announced financial assistance of INR 25 lakh for each family that lost a member in the landfill collapse at its Moshi waste processing facility near Pune. The incident, triggered by heavy rainfall, claimed nine lives and prompted investigations into safety and operational practices. The company has pledged full cooperation with authorities and support for the affected families. The tragedy has renewed concerns over landfill safety, disaster preparedness and waste management infrastructure during the monsoon.Read more
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15 Jul 2026
• The Maharashtra government has constituted a five-member high-level inquiry committee to investigate the building collapse at the Moshi waste-to-energy plant in Pimpri Chinchwad that claimed nine lives.
• The committee will examine the causes of the collapse, assess possible lapses in planning, construction and safety practices, fix accountability and recommend measures to prevent similar incidents.
• Meanwhile, the Pimpri Chinchwad Municipal Corporation (PCMC) has initiated departmental action, issued notices to the civic environment department and the plant operator, and ordered an internal review.
• Preliminary findings indicate that the collapsed three-storey administrative building had an occupancy certificate only for the ground floor, prompting criminal proceedings and a wider investigation into regulatory compliance.Read more
15 Jul 2026
Actor Ranbir Kapoor has acquired a 25.7-acre land parcel in Mulshi near Pune for INR 16.42 crore, marking another addition to his growing real estate portfolio. The transaction, registered on July 10, 2026, attracted stamp duty and registration charges of over INR 1 crore. Located in the rapidly developing Mulshi region, the purchase follows Kapoor's recent investment in Ayodhya, highlighting sustained interest in premium land acquisitions amid rising demand for second homes and long-term real estate investments.Read more
15 Jul 2026
Smartworks Coworking Spaces has expanded its enterprise leasing portfolio by signing a managed office agreement for more than 930 seats in Pune with the Indian subsidiary of a UK-based company. The latest transaction adds to the company's growing list of large corporate mandates as demand for flexible workspaces continues to rise. In recent months, Smartworks has secured several large leasing deals across major cities, reflecting increasing interest from multinational companies seeking managed office solutions in India.Read more
14 Jul 2026
• A civil court in Pune has ordered the cancellation of a sale deed executed in the controversial Mundhwa land transaction involving Amadea Enterprises LLP, a firm in which NCP MP Parth Pawar is a partner.
• The order was passed by Joint Civil Judge N R Gajbhiye in a civil suit filed by Sheetal Tejwani, acting as the power-of-attorney holder of the original landowners.
• Tejwani, who is also an accused in the ongoing criminal investigation related to the land deal, sought cancellation of the sale deed, contending that the transaction was invalid.
• The civil court's decision pertains to the validity of the sale deed and is separate from the criminal proceedings, which continue to be investigated by the authorities.Read more
13 Jul 2026
The Pune Municipal Corporation (PMC) has issued a notice to a housing society in Bavdhan after inspections found the absence of a planned stormwater drainage system, following complaints of severe waterlogging during heavy rainfall. Residents alleged that the developer failed to construct the required drainage infrastructure, resulting in recurring flooding outside the society. PMC has directed the society and developer to respond while examining responsibility for the missing infrastructure and measures needed to prevent future monsoon-related flooding.Read more
10 Jul 2026
The Pune Metropolitan Region Development Authority (PMRDA) will prepare a structural development plan to guide the Pune Metropolitan Region's growth over the next two decades, with a focus on infrastructure, transport and decentralised economic development. Speaking at the PROP CONNECT 2026 real estate conference in the past week, PMRDA Commissioner Dr Abhijit Chaudhari said the draft plan would be prepared shortly and finalised within 18 months. The proposed roadmap includes the development of 18 Growth Centres under initiatives of NITI Aayog and the Maharashtra government, alongside major transport projects such as Metro Line 3, the regional ring road and the proposed international airport. PMRDA said the strategy will initially prioritise infrastructure planning before land-use zoning, while supporting balanced urban expansion, employment generation and improved regional connectivity.Read more
07 Jul 2026
Shapoorji Pallonji Real Estate (SPRE) has launched Vyomora, a 25-acre residential development in Hinjawadi, Pune, marking its third housing project in the micro-market. The first phase comprises 720 apartments across five residential towers, offering two, three and three-bedroom duplex homes with prices starting from INR 84.99 lakh (all-inclusive). Located in Pune's IT corridor, the project is positioned close to major technology campuses and is expected to benefit from existing and planned transport infrastructure, including Metro Line 3 and the proposed Ring Road. The development forms part of SPRE's continued expansion in western Pune, where it is focusing on integrated residential communities.Read more
07 Jul 2026
Traffic on the Mumbai-bound carriageway of the Mumbai–Pune Expressway's Missing Link bypass resumed late on Monday after remaining closed for more than 18 hours due to a landslide triggered by heavy rainfall. The Maharashtra State Road Development Corporation (MSRDC) reopened two lanes following detailed safety inspections near Tunnel 2, while one lane remained closed because of continued water flow from the hillside above. The landslide damaged a protective drainage structure but did not affect the structural integrity of the tunnel. During the closure, traffic was diverted through the Lonavala ghat section, contributing to severe congestion on the expressway. Authorities restored movement only after debris removal and engineering assessments confirmed the route was safe.Read more
07 Jul 2026
D S Kulkarni Developers Ltd has announced that its board will consider acquiring a 100% equity stake in Pune-based Moonbrick Realty Private Limited at its upcoming board meeting. Alongside the proposed acquisition, the company will also consider appointing a new Company Secretary and Compliance Officer. The proposed transaction marks a potential step in expanding the developer's business through an inorganic growth strategy. However, the company has not yet disclosed the financial terms, valuation, or timeline for completing the acquisition.Read more
06 Jul 2026
• Pune IT City Metro Rail Corporation (PITCMRL) has completed a 60-metre-long foot overbridge (FOB) at Wakad Metro Station on Metro Line 3 to improve pedestrian safety and last-mile connectivity across the • Mumbai–Bengaluru Highway.
• The bridge provides a safe crossing for both metro commuters and the general public, reducing dependence on busy road crossings and improving access to Wakad Chowk.
• Installed during carefully planned late-night operations, the structure is part of preparations for the commercial launch of Pune Metro Line 3 and the development of Wakad as a multimodal transit hub.
• The project is expected to strengthen integration between metro services, buses, taxis and other last-mile transport options while enhancing commuter convenience in one of Pune's busiest transport corridors.Read more
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