Deputy Chief Minister Eknath Shinde emphasized the need for better road infrastructure in Pune, highlighting its impact on the city's economy and image. He addressed these issues at a recent event organized by Credai, the real estate developers' association.
Road InfrastructurePuneEknath ShindeCredaiReal EstateReal Estate PuneJun 06, 2025
Deputy CM Eknath Shinde's main concern was the poor quality of roads in Pune, which he believes can significantly impact the city's image and economic growth.
As Chief Minister in 2022, Shinde initiated a project to eliminate potholes in Mumbai to improve the city's infrastructure and maintain a positive image for global investors.
The construction of the Mumbai-Pune Expressway has significantly reduced travel time between the two cities, boosting the IT and automobile industries and leading to a real estate boom in Pune.
PMC Commissioner Naval Kishore Ram highlighted that over 30-35 major projects in Pune are causing significant traffic congestion, affecting 33% of the city's roads that carry 80% of the traffic.
The Pune district administration is implementing reforms such as digitizing revenue records to reduce bureaucratic red tape and improve transparency in the real estate sector.
NBCC will take over and complete 16 housing projects with a total of 49,748 units in Uttar Pradesh, Uttarakhand, Haryana, and Karnataka. The tentative construction cost is significant, and the move aims to ensure timely completion and delivery to affected
In recent developments, Ursa Fund Partners LP has significantly increased its stake in Wheeler Real Estate Investment Trust, acquiring 32,066 shares at a weighted average purchase price. This move underscores the growing interest and potential in the real
Real estate firms in Dubai are racing to develop and market lavish $100 million mansions to lure the world's ultra-rich, further solidifying the city's reputation as a haven for luxury and opulence.
Shares of SignatureGlobal (India) have seen a notable dip, falling nearly 3 per cent to Rs 1,271.90 on Thursday, with the total market capitalization slipping below Rs 18,000 crore. Despite this, Axis Securities predicts a significant upturn, projecting a
At a recent event organized by VK Group, experts in urban planning and real estate development gathered in Pune to discuss the importance of design-centric urban planning for the future of the city.
The Maharashtra government is working on a policy to make precast construction mandatory for real estate projects in Mumbai, aiming to streamline construction processes and enhance building quality.