IndustryLatest Stories

Maharashtra to Revise Leasehold Land Records in Three Months

PUNE: Revenue Minister Chandrashekhar Bawankule has initiated a statewide effort to correct revenue records for government leasehold land. This action follows the identification of numerous cases where leaseholders have been improperly categorized as “occupants,” enabling them to make illegal claims on valuable public land. District collectors have been instructed to review these entries and update the records within three months. This directive comes in the wake of findings by the Vikas Kharge committee, which investigated land irregularities in Pune’s Mundhwa area. The committee highlighted widespread record manipulation and recommended significant reforms to protect public property. These findings were presented to…

InfrastructureLatest Stories

Maharashtra Approves Land Handover for Mula-Mutha Project

Representative AI image PUNE: The state government approved the transfer of three land plots adjacent to the Mula-Mutha river for the Riverfront Development Project (RFD) on Thursday. A total area of 52,851 sqm will be transferred to the Pune Municipal Corporation (PMC) as per the decision made during a state cabinet meeting. The land parcels comprise an 11,015 sqm section between Sangamwadi Bridge and Bund Garden Bridge, a 34,128 sqm area at the Mundhwa Botanical Garden, and an additional 7,700 sqm plot in the Mundhwa area, currently owned by the Women and Child Welfare Department. Mayor Manjusha Nagpure expressed support…

IndustryLatest Stories

Merlin Group Buys 3.3 Acres Near Pune’s Koregaon Park for ₹273 Cr

Representative Image MUMBAI: The Merlin Group has acquired a 3.26-acre land parcel in the Mundhwa area near Koregaon Park, Pune, for ₹273 crore. Merlin Prime Spaces, a subsidiary of the Kolkata-based property developer, plans to construct a commercial project on this site with a total investment exceeding ₹1,000 crore, which includes the land cost. “We intend to develop an office-led commercial project aimed at banking, financial services, insurance companies, and global capability centers,” stated Saket Mohta, MD of Merlin Group, to RealtyDailyNews. The project is expected to complete by 2030 and could be valued around ₹3,000 crore upon occupation. The…