The Builders Association of Pune has expressed their concerns over the 24-hour ban on heavy vehicles. According to real estate developer Sandesh Agarwal, the ban is causing significant disruptions in construction and material supply chains.
PuneReal EstateConstructionHeavy VehiclesTraffic BanReal Estate PuneFeb 10, 2025
The main concern is the significant disruption in the supply of construction materials and equipment, leading to delays and increased costs for ongoing projects.
Sandesh Agarwal is a prominent real estate developer in Pune, and he has spoken out about the impact of the heavy vehicle ban on the construction industry.
The Builders Association of Pune has submitted a proposal requesting a relaxation of the ban during off-peak hours to address the logistical issues in the construction sector.
The Pune traffic police have implemented the ban to manage severe traffic congestion and reduce pollution caused by heavy vehicles.
Some developers are exploring the use of smaller, more agile vehicles for transporting materials and optimizing logistics to minimize disruptions.
Mumbai and Delhi have emerged as top performers in prime residential property prices globally, with an 11.5% and 10.5% annual growth respectively.
Discover the ultimate blend of traditional charm and modern amenities at Nakshatra, PPROM Developers' latest project in Dapoli, Maharashtra.
The Indian housing market has witnessed a 5% increase in sales across the top 8 cities, driven by demand for premium homes. According to a report by Knight Frank India, the highest sales volumes were recorded in Mumbai, with a 9% year-on-year growth.
The Karnataka Real Estate Regulatory Authority (KRERA) has issued a ruling against Bengaluru-based real estate developer Shriram Properties, mandating them to pay ₹12.7 lakh as compensation for delayed possession.
As the real estate market evolves, mid-premium homes are expected to witness a significant uptick in demand. With recent budget proposals and market trends, this segment is gaining momentum and becoming a preferred choice for many buyers.
In a significant real estate move, Landmark Developers and Sobha Ltd have jointly acquired a 2.11-acre land parcel at Jerbai Wadia Road, Parel, Mumbai for ₹423.38 crore. This deal, registered on January 23, 2025, marks a key step in the redevelopment of t