Pimpri-Chinchwad Sees 60% Rise in Residential Construction

12 Dec 2025 CW Team

Pimpri-Chinchwad has recently witnessed a sharp rise in residential construction, with around 60 per cent of the city’s total developed area coming under construction over the past year, driven by improved livability and infrastructure upgrades. Once known primarily as an industrial hub, the city is now increasingly being viewed as one of the most livable urban centres by residents.

The central government had recognised Pimpri-Chinchwad as a leading livable city by awarding it the top rank in 2020, a reputation the city has maintained over the last five years. Since then, demand for residential development has grown steadily, particularly in areas such as Mamurdi, Kiwale, Ravet, Wakad, Tathawade, Punawale, Moshi, Borhadewadi and Charholi.

According to surveys conducted under the Smart City initiative, the city has focused on enhancing public spaces, cultural landmarks and recreational areas. Key attractions include Bhakti-Shakti, Chhatrapati Sambhaji Maharaj Srishti, Durgadevi Tekdi, Krantiveer Chapekar Bandhu Wada, the Auto Cluster Science Park and the Bharat Ratna J R D Tata Flyover. The city is also positioning itself as a smart, clean, green and digital urban centre.

The Pimpri Chinchwad Municipal Corporation has prioritised basic civic amenities to sustain growth. Connectivity has improved through metro services and BRT routes, while water supply has been strengthened through sources such as Pawana, Bhama-Askhed and Andra dams, alongside long-term planning for future demand.

Over the past three years, more than 5,000 new construction projects have received approvals, accelerating urban expansion. Authorities said infrastructure planning for water supply, sewage treatment and solid waste management is being aligned with development plans, as the city’s population is estimated to have doubled over the last decade.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..