A builder’s misrepresentation has led to the demolition of 36 bungalows in Chikhali, Pimpri-Chinchwad, highlighting systemic failures in real estate regulation.
Real EstateDemolitionChikhaliPimprichinchwadFlood ZoneReal EstateMay 21, 2025
The bungalows were demolished because they were built within the flood-prone ‘Blue Line’ of the Indrayani River, which is against the regulations set by the Pimpri-Chinchwad Municipal Corporation (PCMC).
Manoj Jare is the builder who sold the plots to the homeowners. He is accused of misrepresenting the legality of the plots and assuring the homeowners that there were no regulatory issues.
The affected families feel betrayed and are grappling with emotional distress, bank loans, and legal confusion. They believe they were misled by the builder and the system.
The PCMC has maintained that the demolitions were necessary to prevent future tragedies during floods. However, they have not provided clear plans for compensating the affected families.
Homebuyers should thoroughly research the legality of the plots, consult legal experts, and verify all documents and regulatory approvals before making a purchase. They should also be wary of any misleading claims by builders.
Adani Goodhomes has emerged victorious in the Radius Estate bid
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.
Pune reported the highest quarterly growth, around 307% in value terms, whereas absorption declined by 48% in Chennai during Q2 2024.
Residents of Madhapur, Hyderabad, protest against HYDRA's demolition of alleged illegal structures, claiming unfair targeting of poor and middle-class communities.
Kanakapura Road in Bangalore is experiencing a significant real estate boom due to improved infrastructure, green surroundings, and affordable property prices. Prominent developer Shrinivas Rao highlights the area's transformation and growing appeal to ho
Investing in Category II real estate funds can help you diversify your portfolio and gain exposure across different cities and sectors. Here’s how PMSs and AIFs can be beneficial.