NEW DELHI: Shapoorji Pallonji Real Estate (SPRE) has ventured into the plotted development sector with its new project, Treetopia, which spans 105 acres in Pune.
The project is expected to yield an estimated revenue of ₹600 crore, featuring 483 residential plots ranging from 2,000 to 6,000 sq ft.
These N.A. plots will come with individual 7/12 certificates, allowing buyers to construct independent villas tailored to their preferences.
MOHALI: The Real Estate Regulatory Authority (RERA), Punjab, has prohibited the Chandigarh-based builder Motiaz from advertising, marketing, booking, or allotting flats in its project ‘The Royale Sector 39 Extension’ located in Mohali. RERA Punjab chairman Rakesh Kumar Goyal issued an interim order after the developer failed to appear before the Authority despite numerous notices. The project, which has been promoted widely—including as an exclusive society for judges—has not been registered with RERA, violating Section 3 of the RERA Act. According to the complainant’s attorney, Mohit Uppal, the developer had been advertising and selling units without the required registration and had…
AI-generated Representative Image PUNE: Residents of the Camp are voicing serious concerns about the deteriorating conditions of local structures, holding the Pune Cantonment Board accountable for failing to take necessary repair actions. For years, these buildings have remained in a precarious state. Some residents are urging immediate repairs to prevent potential disasters, while activists and long-time inhabitants of Camp criticize the inaction by cantonment authorities. James Paul, former President of the Pune Cantonment Tenants’ Association, commented, “Every monsoon, the board puts out notices for property owners and publishes advisories for precautions. This is a lazy approach. We have repeatedly asked…
NAGPUR: Only 11.7% of the outstanding Rs190.33 crore in commercial property tax dues is currently under warrant action in Nagpur. Among 2,062 non-residential defaulters, warrants have been issued for just 359 properties — a mere 17.4% — highlighting a significant gap between potential revenue and actual enforcement. The data shows that most unpaid commercial property taxes involve high-value properties — those with dues exceeding Rs5 lakh. A total of 229 establishments have defaulted on a staggering Rs157.01 crore. However, warrants were issued against only 53 properties, totaling Rs16.70 crore, leaving 176 major defaulters — responsible for over Rs140 crore —…
