Tag: Pune

Latest StoriesRera

Over 7,000 Complaints Still Pending with MahaRERA

Eight years after its establishment in 2017, Maharashtra’s real estate regulator, MahaRera, is still facing a considerable backlog of unresolved complaints. Out of the 29,374 complaints filed, 7,310 are still pending, leading to calls from homebuyers, legal experts, and activists for quicker resolutions and stricter enforcement of orders. While MahaRera has successfully resolved 21,888 cases and conducts both online and offline hearings, the growing number of unresolved cases has raised concerns among consumer advocates. They emphasize the need for more adjudicating officers and additional regional benches to manage the increasing workload. MahaRera has registered over 50,000 real estate projects—the highest…

Latest StoriesResidential

Maharashtra to Notify Draft Rules for Housing Societies Soon

PUNE: The state government is set to introduce a new set of draft rules for cooperative housing societies within two weeks, confirmed officials from the cooperation department on Monday. The proposed amendments are aimed at minimizing conflicts, simplifying the redevelopment process, and enhancing transparency in the operations of societies throughout the state. A significant aspect of the draft includes a reduction in interest on maintenance dues from 21% to 12%—a change residents believe has been long overdue. Additionally, the rules will allow for hybrid AGMs, mandatory video recording of redevelopment meetings, and permit societies to secure redevelopment loans based on…

Latest StoriesRegulatory

Pimpri Chinchwad Q1 FY26 Property Tax Collection Hits ₹522 Crore

PUNE: The Pimpri Chinchwad Municipal Corporation (PCMC) has set a record in property tax collection during the first quarter of the 2025-26 financial year. This accomplishment is largely attributed to the effective utilization of data from its “City Hub for Data Communication” (CHDC) project. In just 90 days, the PCMC collected ₹522 crore in property tax, surpassing 50% of the total tax revenue collected in the previous fiscal year. Last year, the civic body achieved the ₹500-crore milestone only by October. This strong start positions the PCMC to aim for an unprecedented annual collection. During the 2024-25 financial year, the…