Pune, a city experiencing rapid growth and a real estate boom, faces increased demand for tanker water supply. Despite no water shortage, the civic body addresses the rising needs.
PuneWater ManagementReal EstateSustainabilityUrbanizationReal Estate PuneApr 18, 2025
No, there is no water shortage in Pune, but the demand for tanker water supply has increased due to the city's rapid growth and population surge.
The PMC is expanding the water distribution network, investing in new pipelines and pumping stations, and exploring innovative solutions like rainwater harvesting and wastewater recycling.
The real estate boom in Pune has led to a significant increase in population and new developments, which in turn has increased the demand for water.
Developers are being encouraged to adopt sustainable practices, such as constructing buildings with water-efficient features and integrating green spaces to help with water conservation.
Residents and businesses are urged to practice water conservation and support the civic body's efforts in managing the city's water resources, such as using water-saving devices and participating in community initiatives.
The trust, owned by Singaporean property giant CapitaLand, has acquired an office building in Navi Mumbai for up to Rs 706 crore, marking its second purchase in the Aurum Q Parc development.
Bank of America Securities has downgraded Alexandria Real Estate Equities' stock from Buy to Neutral, citing slowed NOI growth outlook.
Mahesh Misra of India Mortgage Guarantee Corporation (IMGC) highlights the need to update tax exemptions set in 2014 to align with escalating housing costs and suggests a 2% interest rate subsidy.
In a remarkable market shift, apartments priced above Rs 5 crore saw an 80% surge in sales in 2024, with a total of 15,532 such luxury homes sold across India's top cities, according to a report by JLL.
Adani Group, led by Gautam Adani, has announced a one billion dollar bid for Jaypee Group's extensive real estate and cement units, signaling a major expansion into the Indian property sector.
Ekamaya Property Private Limited, a subsidiary of Birla Estates, has acquired a 24.5-acre land parcel in Kalwa, Mumbai MMR, for Rs 537.42 crore.