Tag: Pune

InfrastructureLatest Stories

Hinjewadi-Shivajinagar Metro to Launch in August: PITCMRL

Representative AI image PUNE: After several delays over the past two years, the much-anticipated Metro Line 3, connecting Hinjewadi and Shivajinagar, is now set for commissioning in August 2026, with the first phase covering 12 stations expected to be completed by the end of June. Officials from Pune IT City Metro Rail Ltd (PITCMRL), the agency responsible for the project under the Pune Metropolitan Region Development Authority (PMRDA), confirmed to TOI that all major civil and systems work on the 23 km fully elevated corridor is complete, and successful end-to-end trial runs have been conducted. The initial phase encompasses a…

IndustryLatest Stories

PMRDA Given 12-18 Months for Structural Plan to Unlock Permits

PUNE: Urban Development Minister Madhuri Misal has urged the Pune Metropolitan Region Development Authority (PMRDA) to accelerate the preparation of a structural plan, aiming to implement it within the next 12-18 months. This move comes in light of delays in development permissions following the cancellation of the authority’s draft development plan (DP). The directive was given during a review meeting at PMRDA’s Akurdi headquarters, where key infrastructure projects, including town planning schemes and the ring road project, were assessed. PMRDA Commissioner Abhijit Chaudhari and other senior officials were present. Misal mentioned that the transfer of five approved town planning schemes…

Latest StoriesRegulatory

Pune Builder Charged with Cheating Flat Buyers of ₹50 Crore

Representative AI image PUNE: The Wagholi police have initiated a cheating case against a local builder and his associates after over 150 homebuyers complained of being defrauded of nearly Rs50 crore. This action follows the builder’s failure to deliver flats in a housing project located in Kesnand, Wagholi, despite receiving significant payments from buyers. The investigation began with a complaint from a 49-year-old buyer who reported paying Rs31.77 lakh in 2018 for a 2-BHK flat and a commercial space. This amount included personal savings and bank loans transferred directly to the builder’s account. According to the signed agreement, the builder…

Latest StoriesResidential

Pimpri Chinchwad’s PCMC Tax on Amenities Sparks Outrage

PUNE: Residents of various housing societies in Pimpri Chinchwad are protesting the civic authorities’ decision to charge property tax on amenity spaces in residential complexes. They argue that this decision adds to the financial strain on residents already facing increased maintenance costs. Recently, several societies received property tax bills ranging from Rs 1 lakh to Rs 5 lakh for common areas like clubhouses, swimming pools, libraries, and society offices. Residents claim that property tax has historically only applied to individual residential units and that common areas should not be taxed separately. Representatives from housing societies expressed surprise at this new…

Latest StoriesRegulatory

NGT Flags 20 Bungalows in Pune’s Moi Phata for Demolition

PUNE: Almost a year after the Pimpri Chinchwad Municipal Corporation tore down 36 illegal bungalows in Chikhali for flood-line violations, another 20 residential buildings in the Moi Phata area are now under investigation for their proximity to the Indrayani River’s blue flood line. A joint committee established by the National Green Tribunal (NGT) reported, based on a petition from activist Gopal Kachave in 2023, that all 20 structures are positioned along the Ram Zara nullah, a tributary that connects with the Indrayani. The report indicated that the nullah itself is within both blue and red flood lines, raising alarms about…

Latest StoriesResidential

Monsoon Alert: Pune Urges Evacuation of 36 Unsafe Wadas

PUNE: Residents have largely ignored the civic body’s promises of granting tenancy rights via certificates, with many reluctant to vacate crumbling wadas and properties in the city. The Pune Municipal Corporation (PMC) has issued notices to owners and occupants of 36 properties, ordering them to vacate before the rainy season. About ten years ago, the PMC began a unique initiative to issue tenancy certificates to tenants, aiming to mitigate legal disputes between property owners and occupants. However, out of over 15,000 tenants residing in such wadas, only approximately 1,000 certificates have been issued, according to PMC data. Many tenants hesitate…

Latest StoriesRera

MahaRERA Dues Recovery Stalls Despite Efforts by Officers

PUNE: The Maharashtra government’s effort to expedite the recovery of dues for distressed homebuyers is facing significant challenges. Despite assigning dedicated revenue recovery officers in critical districts five months ago, collections have only marginally increased by Rs10 crore. According to data from the Maharashtra Real Estate Regulatory Authority (MahaRERA), total recoveries rose from Rs270 crore in December 2025 to roughly Rs280 crore now. This slow progress continues despite a state mandate urging faster enforcement of recovery warrants. Concerns over the slow pace of recovery are amplified by the scale of the defaults. Since its launch in May 2017, MahaRERA has…

Latest StoriesResidential

20+ Maharashtra housing societies finish online registrations in 2 months

Sure! Here’s a rewritten version of the content: — PUNE: Following the launch of a fully online cooperative society registration system by Maharashtra’s cooperation department two months ago, 23 housing societies in the state have successfully completed the approval process via the Aaple Sarkar portal. This marks a significant transition from the cumbersome paperwork-intensive method that required multiple visits to deputy registrar offices. As of Friday, officials from the state cooperation department informed TOI that the portal has processed 304 applications for society name reservations—the initial step in the registration process. Out of these, 113 applications received approval, while 34…

IndustryLatest Stories

Shriram Properties aims ₹3,750-4,000 crore pre-sales by FY27; Pune set to surpass Chennai

NEW DELHI: Shriram Properties aims for pre-sales between ₹3,750 and ₹4,000 crore in FY27. This strategy includes new launches across Bengaluru, Chennai, Pune, and Kolkata, as the developer seeks to solidify its hold in current markets before expanding further. For FY26, the internal pre-sales target was set at ₹2,750 crore, and the company anticipates support for growth from delayed launches from the previous year. The company is intensifying its focus in Pune, adding around three million sq ft of new projects since its initial launch in the city. Murali Malayappan, Chairman & Managing Director, along with Gopalakrishnan J, Executive Director…

Latest StoriesResidential

Pune Fire Brigade Targets Housing Societies for Safety Issues

PUNE: A recent fire incident in a Pune housing society has triggered a heightened response from the fire brigade, revealing a troubling pattern of negligence in residential complexes across Maharashtra. Following a fire in an electricity meter box on May 18, the Pune Fire Brigade issued an official notice due to several safety violations. The blaze, reportedly ignited by a short circuit, was swiftly extinguished. However, an inspection afterwards uncovered alarming safety non-compliance. The city’s chief fire officer noted that the meter room was obstructed, hindering emergency access. Additionally, the society was found lacking essential firefighting tools, including extinguishers and…