PMC allocates 1,030 homes through annual lottery under PMAY

01 Apr 2022 CW Team

Pune Municipal Corporation (PMC) allocates 1,030 homes to members of the financially weaker sections of society through an annual lottery under the Pradhan Mantri Awas Yojana (PMAY) scheme.

Pune Municipal Corporation (PMC) building approvals department head Prashant Waghmare told the media that the work on these projects is 50% complete. The ownership of the properties will be given by March 2023. The said apartments will be available in areas such as Kharadi, Hadapsar and Wadgaon. More than 20,000 applications have come in. PMC had held an online lottery for the same in October 2020.

However, some buyers who got apartments in the lottery could not purchase them because of several reasons. It left 1,030 flats unclaimed. As a result, a lottery for these remaining flats was finally called, and the names of beneficiaries were declared this week.

Image Source

Also read: No property tax reduction for merged villages with PMC

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..