Affordable housing lottery winners’ response poor, Real Estate News, ET RealEstate

PUNE: Only 240 winners of the online lottery conducted by the Pune Municipal Corporation (PMC) for allotment of apartments under the Pradhan Mantri Awas Yojana have paid the 10% advance necessary for the purchase of flats till the November 23 deadline. As many as 2,918 people had qualified during the online draw conducted by the […]

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 […]

Residents in Pune against handing amenity spaces to builders, Real Estate News, ET RealEstate

PUNE: Resident associations from across the city are readying to fight the civic body’s proposal to lease amenity space to private builders for development. At least eight resident associations submitted protest letters in this regard to municipal commissioner Vikram Kumar this week. Citizens for Area Sabha, a citizen’s body, has also started an online petition […]

Pune civic body’s affordable housing lottery on October 24, Real Estate News, ET RealEstate

PUNE: The lottery for affordable houses offered by the civic body as part of the Pradhan Mantri Aawas Yojana will be held on October 24 and would be streamed live on the PMC’s official website. Over 20,000 applications have been received by the Pune Municipal Corporation (PMC) for 2,918 flats available in areas like Kharadi, […]

Residents of Uruli Devachi seek rollback of property tax hike, Real Estate News, ET RealEstate

PUNE: A group of residents from Uruli Devachi on Monday demanded rollback of the increase in property tax, stressing that they should be taxed according to the rates before the village’s merger in the Pune Municipal Corporation limits. “The hike in tax after the merger is unjust. We want the Pune Municipal Corporation (PMC) to […]

Pune civic body slaps notices on over 150 plot buyers for illegal structures on hill, Real Estate News, ET RealEstate

File photo PUNE: Just weeks ago, Mirror had reported on the unsettling development of unknown landowners and agents taking advantage of the months-long COVID-19 lockdown, quietly excavating and levelling huge portions of the Sutardara hillock near Kothrud. Shockingly, this tranche of the eco-sensitive Sahyadri ranges had seen the sudden appearance of pucca houses being constructed […]

Court stays construction of additional building at society in Dhanori, Real Estate News, ET RealEstate

PUNE: The 150 residents of the Mayur Kilbil Co-operative Housing Society at Dhanori have locked horns with the developer, who allegedly failed to provide promised amenities. The problem aggravated further when he constructed a new building on the premises without a no-objection certificate. It prompted the residents to take the civil suit route, demanding a […]

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