Pune Municipal Corporation (PMC) proposes ₹100 crore allocation for land acquisition to develop missing link roads, addressing city's traffic woes.
PuneTrafficInfrastructureDevelopmentMissing Link RoadsReal Estate PuneJun 16, 2024
The PMC's proposal seeks ₹100 crore for land acquisition to develop missing link roads, addressing Pune's traffic congestion.
The PMC has identified over 400 missing road links in Pune, delayed due to land acquisition issues.
The PMC has prioritized connecting roads blocked by distances of 1-100 meters, 100-500 meters, 500-1,000 meters, and onwards.
In the first phase, 33 missing links will be connected.
So far, 14 links have been acquired, three connected, and work on the remaining links is ongoing.
The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.
IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours
A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.
The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a
Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand
Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.