The Pune-Nashik Green Corridor project has received a significant boost with a new notification, promising faster travel and improved connectivity between the two cities. This development is set to revolutionize real estate and infrastructure in the regio
Punenashik Green CorridorInfrastructure DevelopmentReal EstateSustainable TransportationRegional ConnectivityReal Estate PuneMar 26, 2025
The Pune-Nashik Green Corridor project is a large-scale infrastructure initiative aimed at creating a sustainable and efficient transportation route between the cities of Pune and Nashik. The project includes the construction of a new highway, improved public transportation, and the integration of green technologies to minimize environmental impact.
The project offers numerous benefits, including reduced travel time between Pune and Nashik, enhanced economic activities, improved real estate development, and better access to essential services. It also promotes sustainability through the use of green technologies and the incorporation of green spaces.
The new notification accelerates the project timeline by streamlining land acquisition procedures, expediting environmental clearances, and enhancing coordination between government departments. This is expected to reduce the overall project completion time and ensure smooth progress.
One of the main challenges is the acquisition of land, which has been a contentious issue. The new notification addresses this by providing a clear and transparent process for land acquisition and ensuring fair compensation for affected landowners.
The project is expected to significantly reduce the travel time between Pune and Nashik from the current 4-5 hours to approximately 1.5-2 hours. The exact completion time will depend on the progress of construction and the resolution of any challenges that arise during the project.
Godrej Properties Ltd (GPL) has won the bid to develop a 6.54-acre premium land in Sector 5-A, Kharghar, with plans to create a high-end residential community.
In 2023, the property market in Pune saw a significant boost with a 38% year-over-year increase in stamp duty collections. This surge in demand for properties, particularly those valued at INR 1 crore, highlights the growing interest in the city's real es
Mumbai's ambitious Slum Rehabilitation Authority (SRA) projects are revolutionizing the city's real estate sector, providing innovative solutions to the ever-growing housing crisis. These initiatives aim to uplift slum dwellers while revitalizing urban sp
Mumbai's real estate market is experiencing a blend of robust overall property registrations and a shrinking affordable housing sector. The report highlights the ongoing challenges in the affordable housing segment, despite overall market stability.
The Bombay High Court has directed the transfer of the Orra Realtors fraud case from the Economic Offences Wing (EOW) to the Crime Branch, criticizing the EOW for its lack of thoroughness in the investigation.
Bangalore Metro Rail Corporation Ltd proposes extending the Green Line of Namma Metro to Tumakuru, creating Karnataka's first inter-city Metro. The 59km corridor includes 25 elevated stations and is projected to serve 2.8 lakh daily commuters by 2032.