Pune Property News

MHADA to increase deposits for MIG and HIG flats

MHADA is all set to increase the Earnest Deposit Money (EMD) by five to 10 percent. The proposal is yet to be discussed and passed…

Maharashtra Govt approves construction around nullahs

As per the previous rule in Maharashtra, no construction activities were permitted within 15 meters of the major water bodies and 4.5 meters of minor…

Pune Corporation to charge property tax based on amenities

Update: In the latest update, the Pune Municipal Corporation (PMC) has decided to no longer charge property tax basis Ready Reckoner Rate (RRR). Also known as…

MahaRERA: State to forbid defaulters from new project registrations

In the recent state legislative assembly session, the matter came into the limelight that developers who had a history of defaulted projects were seeking registrations…

State launches online lottery under MHADA in Pune

In the inaugural event of the recent lottery, Eknath Shinde talked about the government's plans to offer affordable homes to common people with the help…

Maharashtra levies one percent metro cess on property purchase

As the Maharashtra Government lifts the pandemic-related restrictions after over two years, from April 2, 2022, it has decided to resume the metro cess collection.…

No property tax relief for areas merged with Pune civic body

The Maharashtra Cabinet has rejected the demand to reduce property tax for the merged villages with Pune Municipal Corporation (PMC). These villages sought tax relief,…

Maharashtra Govt. to levy 1 percent metro cess on property purchases

Several cities in Maharashtra are set to witness an increase in property prices as the Maharashtra government has plans to charge an additional one percent…

MahaRERA to execute recovery warrants against defaulters

The Maharashtra Real Estate Regulatory Authority (MahaRERA), in coordination with 13 district collectorates, is set to execute 717 issued warrants worth Rs 633 crore. These…

Pune civic body extends property tax amnesty

The Pune Municipal Corporation (PMC) has announced an extension of property tax amnesty scheme, that grants a partial waiver to defaulters on the penalty amount.…

Pune civic body mandates the use of treated water for construction work

The Pune Municipal Corporation (PMC) has made it mandatory for construction sites to use treated water for all their construction activities. It also directed the…

PCMC-Phugewadi metro line gets a safety nod

The Commissioner of Metro Rail Safety (CMRS) has granted the clearance certificate to the upcoming Pune Metro’s priority stretch PCMC-Phugewadi. The stretch is expected to…

MahaRERA to give extension to nearly 300 lapsed projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) may grant a two-week extension to 10 percent of the expired projects. Eligible developers have to apply for…

MahaRERA declares over 1,800 projects as expired

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has listed a total of 1,834 projects as expired for exceeding their respective completion deadlines. As per the…

Pimpri-Chinchwad civic body extends property tax exemption scheme

The property tax department of the Pimpri-Chinchwad Municipal Corporation (PCMC) has called upon its citizens to make tax payments by the end of August in…

MahaRERA blacklists over 640 realty projects across the State

To inform buyers about delayed projects and safeguard them from purchasing units in the same, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has blacklisted a…