In a significant move, the Pune Municipal Corporation (PMC) has penalized Deputy Commissioner Madhav Jagtap for alleged mismanagement and irregularities in the administration. The decision aims to ensure accountability and better governance in the city.
PmcMadhav JagtapMismanagementAccountabilityGovernanceReal Estate MaharashtraApr 15, 2025

Madhav Jagtap was penalized due to allegations of mismanagement and irregularities in the administration of the Pune Municipal Corporation (PMC). An internal investigation found evidence of negligence and improper handling of municipal projects.
The penalties include a suspension from his duties for six months and the requirement to submit a detailed report on the projects he was responsible for, outlining corrective measures.
The PMC's internal audit committee conducted a thorough investigation into the allegations against Madhav Jagtap. The committee reviewed multiple complaints and found sufficient evidence to support the claims of mismanagement.
The PMC is focusing on enhancing internal audit mechanisms, improving communication with citizens, and providing more training and resources to municipal staff to prevent similar issues from occurring in the future.
This decision is important because it sends a strong message that mismanagement will not be tolerated and that the administration is committed to accountability and effective governance, ultimately improving the quality of life for the residents of Pune.

Maharashtra MLAs have urged the scrapping of the Nagpur-Goa highway project due to environmental concerns and sustainability issues.

Institutional investments in Indian real estate surge to a record $4.8 billion, driven by foreign and domestic investors, with emerging sectors like data centres and life sciences gaining traction.

Navi Mumbai police found real estate agent Sumit Jain's body near Pen, Raigad, but are still searching for Amir Khaanzada, NCP leader, who was with Jain.

Ashish Singh, head of India and SE Asia realty at Actis, resigns after 20 years of experience in real estate. He will stay on till end of 2025.

The recent stimulus package from the Chinese government, focusing on real estate and infrastructure, has boosted metal stocks, with National Aluminium and NMDC each rising by 3%. This positive trend reflects growing optimism in the global metal market.

The Bombay High Court has ordered all municipal corporations and councils in Maharashtra to integrate their websites with the MahaRERA portal for real-time data sharing and improved transparency.