The Maharashtra revenue and forest department has approved the transfer of 11,015 square metres of government land to the Pune municipal body to expedite the Mula-Mutha river rejuvenation project, bringing fresh momentum to the initiative.
Mulamutha RiverPuneLand TransferRiver RejuvenationEnvironmental RestorationReal Estate PuneOct 17, 2025

The Mula-Mutha River Rejuvenation Project is an initiative aimed at improving the environmental and aesthetic conditions of the Mula-Mutha river in Pune. It includes activities such as river improvement, environmental restoration, and beautification to create a cleaner, safer, and more attractive riverside for citizens.
The Maharashtra revenue and forest department has transferred 11,015 square metres of government land to the Pune Municipal Corporation to support the Mula-Mutha River Rejuvenation Project.
The conditions include holding the land under the 'Occupant Class-II' category, recovering its valuation as per the ready reckoner rates, ensuring flood lines and flood-carrying capacity remain unaffected, obtaining statutory clearances, and ensuring no untreated sewage is discharged into the river.
The land transfer is significant as it provides the necessary space for river improvement, environmental restoration, and beautification works. It is a crucial step towards achieving the objectives of the Mula-Mutha River Rejuvenation Project and enhancing the quality of life for Pune residents.
The land transfer decision was initiated by state revenue minister Chandrashekhar Bawankule to expedite the Mula-Mutha River Rejuvenation Project and ensure sustainable development along the riverfront.

Bollywood icons Amitabh and Abhishek Bachchan have made a significant real estate investment in Mulund West, Mumbai, acquiring ten upscale apartments for INR 24.95 crore. This move highlights their strategic approach to property investments and their fait

Mumbai: Macrotech Developers, a prominent real estate company headed by Abhishek Lodha, has initiated an intellectual property rights (IPR) lawsuit in the Bombay High Court to prevent his brother from using the 'Lodha' name.

Real estate consultant Colliers India projects a strong demand for office space in the top six cities, including Bengaluru, Pune, Hyderabad, and Chennai, with gross leasing transactions estimated at 650-700 lakh square feet this year.

A LIC-backed Navratna multibagger penny stock has secured a significant order worth Rs 82 crore, marking a major milestone in its growth trajectory. The company, which predominantly operates in the PMC segment, is poised for further expansion and increased market presence.

The Reserve Bank of India's (RBI) recent repo rate cut aimed to stimulate the economy and real estate sector, but the market's reaction has been mixed. Despite expectations of increased residential sales and better liquidity, stocks of major real estate companies like Phoenix Mills, Anant Raj, Sobha, and Oberoi Realty have not shown significant gains.

Mumbai Metro 2B has officially commenced trials between Mandale and Chembur, marking a significant step towards enhancing the city's public transport network. This development is expected to provide much-needed relief to commuters and boost real estate and urban development in the region.