Pune's expansion to include 34 villages within the Pune Municipal Corporation (PMC) has brought new challenges. Residents of these newly included areas are grappling with inadequate infrastructure and slow bureaucratic processes.
Pune Municipal CorporationInfrastructureBureaucratic DelaysUrban ExpansionCommunity EffortsReal Estate PuneDec 20, 2024
Pune expanded its municipal limits to better manage the city's rapid population growth and urbanization. The inclusion of these villages was officially announced to facilitate better infrastructure development and improved quality of life.
The main infrastructure gaps include inadequate water supply, frequent power outages, poor road conditions, and insufficient public transportation.
The primary reasons are the slow pace of bureaucratic processes, delays in the allocation of funds, lack of clear guidelines, and bureaucratic red tape.
Local communities are organizing protests and meetings to draw attention to their issues. They are also reaching out to local politicians and media to highlight their problems and demand action.
The PMC has acknowledged the problems and has initiated several projects to improve infrastructure. However, the implementation has been delayed due to financial constraints and logistical issues.
India's retail sector witnesses strongest H1 leasing in 5 years, with 3.1 mn sq. ft. of retail space leased across 8 cities.
Maharashtra has appointed 12 officers to expedite the recovery of Rs 912 crore under the MahaRera scheme, focusing on protecting the interests of homebuyers in key districts such as Mumbai City, Mumbai Suburban, Thane, and Pune.
The costs associated with European residency programs have seen a significant rise in recent years. Real estate is no longer an eligible investment, and applicants are now required to invest in funds that support local businesses. Here’s what you need to
Adani Enterprises Ltd. (AEL) has witnessed a significant 7% surge in its stock price after announcing the sale of its stake in Adani Wilmar Ltd. This strategic move is part of the company's broader plan to navigate market volatility and public shareholdin
The real estate sector is urging the government to implement significant reforms in Budget 2025 to stimulate growth and address economic challenges. Industry leaders and experts are emphasizing the need for measures that can revive the sector and enhance
Cushman & Wakefield's latest report predicts a 14% rise in gross office space leasing, setting a new record of 85 million square feet in 2024. The Global Capability Centers (GCCs) are expected to play a significant role, contributing nearly 30% to this gr