2024

Pune's real estate market witnessed an 11% decline in property registrations in November 2024, with 13,371 registrations recorded. Revenue from property transactions also fell by 2%, dropping to INR 475 crore from INR 485 crore, according to Maharashtra government data. On a month-on-month (MoM) basis, property registrations decreased by 36% from 20,894 in October 2024, while revenue collections fell...

Construction on the eastern segment of Pune’s ambitious Outer Ring Road, a key infrastructure initiative under the Mahayuti government, has commenced, but not without some controversy. A traditional puja conducted by the contractor on December 2 has been mistaken by some as the project’s formal groundbreaking ceremony. The Maharashtra State Road Development Corporation (MSRDC) clarified that the...

The Mula River originates from the Mulshi Dam and travels approximately 64 km before merging with the Mutha River at Sangamwadi. About 22.2 km of its downstream course lies within the Pune Municipal Corporation (PMC) area. Several villages are situated along the Mula River within both PMC and Pimpri-Chinchwad Municipal Corporation (PCMC) areas. Similarly, the Mutha River starts at the Khadakwasla Dam and...

The highly anticipated new terminal at Pune International Airport is set to commence operations on Sunday, July 14, 2024. This major infrastructure upgrade is expected to improve connectivity and reduce congestion at the airport. Inaugurated by Prime Minister Narendra Modi in March, the New Integrated Terminal Building (NITB) represents a INR 423 crore investment and covers 51,595 square meters. The...

South Pune, Pune Municipal Corporation, Pin Code: 411060 Average Flat Buy/Sale Rate in Mohammed Wadi: INR 4600 to 7400/sqft Mohammed Wadi Overall Rating: 8.33/10 Connectivity Rating: 9/10 Environment Rating: 8/10 Safety Rating: 8/10 Lifestyle Rating: 8/10 Green Cover Rating: 8/10 Drinking Water Availability Rating: 9/10 What's Positive about Mohammed Wadi Conveniently...

Pune West, Pune Municipal Corporation, Pin Code: 411023 Average Flat Buy/Sale Rate in Shivane: INR 6100 to 8200 per sqft Shivane Overall Rating: 8.5/10 Connectivity Rating: 9/10 Environment Rating: 8/10 Safety Rating: 9/10 Lifestyle Rating: 8/10 Green Cover Rating: 8/10 Drinking Water Availability Rating: 9/10 What's Positive about Shivane Shivane stands out as the perfect...

What are REITs? REITs, short for Real Estate Investment Trusts, are entities that own, manage, or finance income-generating real estate properties across various sectors. They offer individual investors a way to benefit from commercial real estate income without needing to directly purchase or oversee properties themselves. Here are the key aspects of REITs: Income Generation: REITs derive their...

Pune South, Pune Municipal Corporation, Pin Code: 411060 Average Rate: INR 4400 to 6700 per sqft Undri Overall Rating: 8/10 Connectivity Rating: 8/10 Environment Rating: 8/10 Safety Rating: 8/10 Lifestyle Rating: 8/10 Green Cover Rating: 8/10 Drinking Water Availability Rating: 8/10 What's Positive about Undri NH-65 runs through Undri, offering efficient connectivity to...

Pimpri Chinchwad Municipal Corporation, Pin Code: 411026 Average Rate: INR 4500 to 7200 per sqft Bhosari Overall Rating: 8.66/10 Connectivity Rating: 9/10 Environment Rating: 8/10 Safety Rating: 8/10 Lifestyle Rating: 9/10 Green Cover Rating: 9/10 Drinking Water Availability Rating: 9/10 What's Positive about Bhosari Bhosari is a mixed residential and industrial...

Murlidhar Mohol, newly appointed as the minister of state for civil aviation and cooperation, has announced significant progress in the proposed airport project at Purandar. Both the Ministry of Defence (MoD) and the Directorate General of Civil Aviation (DGCA) have given their approvals, marking a pivotal moment as all technical hurdles have been cleared. Murlidhar Mohol disclosed that the Ministry of...