Despite a state stay order, property owners in 34 recently merged areas of Pune have paid Rs 449 crore in property taxes to the Pune Municipal Corporation (PMC). This article explores the implications and challenges faced by these areas.
PunePmcProperty TaxesUrban DevelopmentMerged AreasReal Estate PuneMar 27, 2025
The Pune Municipal Corporation (PMC) is the administrative body responsible for the city of Pune, managing urban planning, public health services, and other essential functions.
The 34 areas were merged under the PMC in 2023 as part of a larger urban development initiative aimed at bringing these areas under a more organized and efficient municipal governance system.
The state government issued a stay order in December 2024, halting the collection of property taxes from the 34 merged areas. However, many property owners have still chosen to pay their taxes.
Despite the state stay order, property owners in the 34 merged areas have paid Rs 449 crore in property taxes to the PMC.
Legal experts are concerned about the legality of accepting these payments while the stay order is in effect, as it could lead to financial and legal complications for both the PMC and property owners.
Discover how the newly operational Mumbai Metro Lines 2A and 7 are transforming the city's real estate landscape, boosting retail and food sectors, and driving economic growth.
The trend of acquiring large plots of land for real estate development continues in major markets, including Mumbai, Pune, Chennai, Hyderabad, and Bengaluru. Westcon, under the Solitaire Group, has recently secured nearly 10 acres in Pune's Wagholi.
Germany-based Nemetschek Group inaugurates Mumbai office, sets ambitious growth plan in India's booming real estate market.
Aaiji Infraspace (OPC), a prominent real estate developer based in Gujarat, has formed a strategic joint venture with Infinity Infracon to spearhead the development of the Dholera Special Investment Region (SIR). This collaboration marks a significant ste
Donald Trump's ambitious real estate plan aims to transform the war-torn Gaza Strip into a luxury destination, dubbed the 'Riviera of the Middle East'.
A new platform is revolutionizing the real estate market by allowing investors to buy, trade, and profit from property shares, mirroring the ease and accessibility of stock market investments. By leveraging blockchain technology, this innovative approach