Pune's Ganeshotsav, one of the most grand and culturally significant festivals, has found a modern torchbearer in entrepreneur and social contributor Punit Balan. His contributions have not only supported the financial aspects of the festival but have also revived traditional elements while promoting social responsibility.
GaneshotsavPunit BalanCultural HeritageSocial ResponsibilityPhilanthropyReal Estate PuneAug 30, 2025

Punit Balan is an entrepreneur and social contributor who has become a prominent figure in Pune's Ganeshotsav. He supports the festival through sponsorships and initiatives, helping mandals focus on the devotional and cultural aspects of the celebration.
The Shrimant Bhausaheb Rangari Ganpati Mandal is the first public Ganesh mandal of undivided India, established in 1892. It played a crucial role in the sarvajanik Ganeshotsav movement popularized by Lokmanya Tilak.
During the pandemic, Punit Balan’s sponsorships and digital efforts helped maintain the spiritual connect with devotees across Pune, despite the restrictions on processions and performances.
Punit Balan dedicates a large share of his resources to philanthropy through the Indrani Balan Foundation, which funds schools, orphanages, and welfare programs across India, including educational initiatives in Kashmir.
Punit Balan promotes traditional elements like dhol-tasha and lezim while investing in contemporary practices and youth-centric programs, ensuring the festival remains relevant and engaging for all generations.

The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.

Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.

Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.

A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu

Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.

Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of