Latest StoriesResidential

Pune stamp duty collections surpass ₹7,100 crore in 2025

NEW DELHI: In 2025, Pune’s real estate market achieved over ₹7,100 crore in stamp duty revenue, marking its highest level in four years, according to Knight Frank India. Although property registrations dipped slightly, they still totaled 1,85,657 for the year, a 2.3% decrease compared to the previous year. Despite this, stamp duty collections saw a minor increase of 0.3%, reaching ₹7,119 crore, reflecting a consistent demand for high-value homes. In December 2025, property registrations plummeted 30% year-on-year to 12,079 units, while stamp duty revenue dropped by 28%. However, this significant decline is attributed to a high base from December 2024.…

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Gera Developments to Invest ₹16,000 Crore in Child and Wellness Projects

NEW DELHI: Gera Developments, based in Pune, is gearing up for a significant expansion with managing director Rohit Gera announcing an investment of approximately ₹16,000 crore in forthcoming residential projects over the next few years. This substantial investment will be evenly distributed between the company’s child-centric and recently introduced wellness-centric segments. In an exclusive conversation with Ankit Sharma, Gera shared insights into the company’s outlook, investment plans, product innovations, and financial strategies. He elaborated on the rationale behind preferring outright land purchases over joint ventures, detailed the phased project pipeline, and discussed how the wellness-centric model will enhance the existing…