Ravi Karandeekar's Pune Real Estate Market News Blog: Sinhagad Road

Showing posts with label Sinhagad Road. Show all posts

Monday, February 1, 2010

Rs 1.5 crore for Sinhagad Road, Pune Metropolitan Region Development Authority (PMRDA) to implement a ring road project

Yes, PMRDA! Which is not yet formed!!

The state Finance Ministry on Saturday approved a budgetary allocation of Rs 185 crore for the development of the district. The amount is Rs 68 crore more than what was originally proposed.

The budgetary provision includes Rs 1.5 crore for Sinhagad Road, Rs 16 crore for Indira Awas Yojana, Rs 2.5 crore for promoting cleanliness in rural areas and Rs 12 crore for small irrigation projects.

Ring road

Meanwhile, Chief Minister Ashok Chavan on Thursday held a meeting to discuss development activities, including the possibility of an outer ring road.

The representatives from the city urged for speedy formation of Pune Metropolitan Region Development Authority (PMRDA) for the planned development of the city.

Since any civic body cannot incur the expenses for construction of a ring road, it was decided that the project should be implemented by PMRDA.

Three options for raising funds were discussed. These included allowing two floor space index for infrastructure development alongside the road while the second option was funding by PMC, PCMC and the state government. The third option of implementing the project through town planning scheme was in principle agreed upon.

It was also decided that the road construction should be implemented by state public works department. The chief minister has directed the administration to submit a detailed report on execution of the project.

To read more, please, visit Rs 185 cr for Pune district development

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Sunday, December 27, 2009

Beach for Pune at Khadakwasla

The Pune Municipal Corporation (PMC) has begun work on creating a Puneri chowpatty along the Khadakwasla reservoir on Pune-Sinhagad Road.

The civic body's garden department chief Bhanudas Mane said that the PMC had planned to develop a 750-metre artificial beach complete with coconut trees along the dam's backwaters in two phases.

According to Mane, a four-foot retaining wall would be constructed along the backwaters and a twenty-foot high wall would be constructed along the Pune-Sinhagad Road. "The 30-ft distance between the two walls would comprise the beach," Mane said.

To read more, please, visit, DNA E Paper

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Friday, October 23, 2009

Now, Nanded City's website www.nandedcitypune.com is up and running!

From Novemebr 2009, Property Rates of Nanded City Pune to go up by Rs. 100 per sq.ft.!

Current property rate at Nanded City Pune: Rs. 2,750 per sq.ft. From November '09: Rs. 2,850 per sq.ft.!

Please, don't misunderstand that Nanded City Pune is increasing property rates because now, their website www.nandedcitypune.com is up and running.

Nanded City Pune is increasing property rates, only because, now, bookings are happening. Pune real estate market is improving.

Like me, if you wonder "Why are you increasing only 100 rupees per sq.ft.?", I would like to share the answer. "At Nanded City Pune, at this point of time, only foundation work is going on. And, you know, the buildings have 11 and more floors!," i was told!

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