The Raj Bhavan has approved the land transfer for the construction of Pune Metro Line 3, which includes the creation of a staircase for Pune University. This move is expected to accelerate the development and connectivity in the city.
Pune MetroRaj BhavanInfrastructureReal EstateUrban DevelopmentReal Estate PuneMar 11, 2025

Pune Metro Line 3 is planned to be 21.7 kilometers long.
Pune Metro Line 3 will have 18 stations.
The staircase at Pune University will connect the metro station to the university campus, facilitating easy access for students and faculty.
The construction of Pune Metro Line 3 is expected to begin in the next few months.
The project is expected to be completed within the next three to four years.

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.