Too few takers for PMAY houses as beneficiaries fight financial distress, Real Estate News, ET RealEstate

PUNE: A month after Pune Municipal Corporation (PMC) announced beneficiaries under the Pradhan Mantri Awas Yojana (PMAY), only 241of the 2,900 named have completed the booking process for their new homes. Most of the others are struggling to cough up the initial 10 per cent amount they’re required to, to do the booking. But now, […]

Pune civic body to sell 1,200 civic flats to tenants, Real Estate News, ET RealEstate

PUNE: Tenants of around 1,200 municipal flats will soon get their ownership, with the Pune Municipal Corporation (PMC) deciding to sell these houses to their present occupiers. The civic body is expected to generate Rs200 crore in revenue from the move. According to PMC officials, these flats have been allotted to the citizens who lost […]

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