The state government, under the leadership of Deputy Chief Minister Ajit Pawar, has pledged to take proactive steps to resolve the issues surrounding stalled real estate projects in Pimpri Chinchwad and the surrounding areas. This move aims to provide much-needed relief to homebuyers and developers alike.
Stalled Housing ProjectsPimpri ChinchwadAjit PawarReal EstateGovernment InterventionReal Estate PuneApr 22, 2025
The main issue is that several housing projects in Pimpri Chinchwad have faced significant delays and remain incomplete, causing distress to homebuyers and developers.
The state government has formed a task force to review each stalled project, provide financial assistance to developers, fast-track approval processes, and set up a special court to handle legal disputes.
The government will offer financial assistance in the form of soft loans or grants to help developers resume construction activities.
The PCMC will work closely with the state government to provide necessary resources to developers and ensure the completion of projects as per the timelines.
Community leaders and residents have welcomed the government’s initiative, expressing hope that the measures will bring about a positive change and restore their faith in the housing market.
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