Maharashtra has sanctioned Rs 115 crore for 23 recently merged villages in Pune, aiming to address long-neglected infrastructure and civic issues. The funding will focus on critical areas such as sanitation, water supply, and waste management.
MaharashtraPuneInfrastructureCivic IssuesDevelopmentReal Estate MaharashtraJun 26, 2025
The total amount sanctioned by Maharashtra for the 23 merged villages in Pune is ₹115 crore.
The main issues addressed by the funding include sanitation, water supply, waste management, and property tax hikes.
The Jambhulwadi Lake has a capacity of 65 million cubic feet. Treated water from the lake will be supplied to underserved areas such as Ambegaon Khurd, Ambegaon Budruk, Mangdewadi, and Bhilarewadi.
Residents have been provided an amnesty scheme for pending property taxes, allowing them to settle old dues without penalties.
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Real estate analysts point to a shift in homebuyers' preferences and increasing prices in major micro-markets as registrations remain flat
Granite Real Estate Investment Trust (Granite REIT) has announced plans to offer C$800 million in debentures to support its growth strategy.
The fund, India Realty Excellence Fund VI (IREF VI), is set to invest in eight major Indian cities, including Mumbai, Pune, and Kolkata. It has already committed Rs 1,000 crore towards mid-income housing projects.