Pune Municipal Corporation (PMC) is set to introduce metered water billing in residential areas from March 2026, aiming to promote fair usage and reduce wastage. This initiative is part of the 24×7 water supply project and is expected to improve water management in the city.
PuneWater ManagementMetered Billing24x7 Water SupplySustainable Resource UsageReal Estate PuneMay 16, 2025
The main goal is to promote fair usage and reduce wastage by charging residents based on their actual water consumption, rather than a fixed rate.
The pilot project is expected to begin in March 2026.
Challenges include public opposition, a shortage of semiconductor chips used in meter manufacturing, and incomplete installation of meters in many areas.
Non-compliance may result in disconnection of water supply without prior notice, as PMC has issued notices to property owners urging them to install water meters.
Residents and activists have raised concerns about fairness, adequate water supply, and the need to address underlying issues such as illegal connections and inadequate water supply.
Puravankara Ltd has acquired the redevelopment rights for Miami Apartments in Breach Candy, South Mumbai, marking its entry into the high-end market.
Toronto's real estate market is showing signs of strain as mortgage delinquencies escalate, with RBC reporting a 42% spike in serious delinquencies in Q3 2024.
A businessman and realtor has filed a complaint against Union Minister HD Kumaraswamy and former MLC Ramesh Gowda, alleging extortion and death threats over a Rs 50 crore demand for election expenses.
Considering investing in real estate this Diwali? Discover how the choice between renting and buying can vary significantly based on the location, especially in tier-2 cities like Pune and Ahmedabad.
GIC Housing Finance, a leading housing finance company, has announced a significant 20.97% increase in its net profit for the second quarter of fiscal year 2025. The company's strong performance highlights its robust growth in the housing finance sector.
Devendra Fadnavis, the newly appointed Chief Minister of Maharashtra, has a total net worth of Rs 5.25 crore as per his latest affidavit. This includes Rs 56.07 lakh in movable assets and Rs 4.68 crore in immovable assets.