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.
A staggering amount of Rs 2.5 crore in cash and other valuable assets have been found in the house of a former road transport constable. According to investigations, the constable had ventured into the real estate business while still in government servic
The Supreme Court has set aside the 2022 Bombay High Court verdict, which had been against the Brihanmumbai Municipal Corporation (BMC) in the Century Mill land dispute. This decision has significant implications for the land's future use and ownership.
The Maharashtra government is considering raising the height limit for high-rise buildings in Mumbai, which could reshape the city's skyline. The real estate sector is optimistic about the potential benefits of this move.
Birla Estates, a subsidiary of Aditya Birla Real Estate Ltd, is set to generate Rs 2,700 crore in revenue from its first housing project in Pune. This ambitious venture marks the company's significant expansion into the Maharashtra market.
A detailed investigation into Justice Yashwant Varma's cash controversy reveals a fixer gang operating in the NCR, with a prominent real estate developer and a lawyer coming under scrutiny.
The premium segment of the real estate market in Maharashtra, particularly in Mumbai and Pune, is experiencing a significant surge in sales. What are the factors contributing to this trend, and how are they shaping the future of the real estate industry?