PMC allocates 1,030 homes through annual lottery under PMAY
Real Estate

PMC allocates 1,030 homes through annual lottery under PMAY

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

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

Next Story
Resources

Cushman & Wakefield Names Sona Aggarwal as APAC Retail Lead

Cushman & Wakefield, a global real estate services firm, has announced the appointment of Sona Aggarwal as Managing Director, Head of Retail Sales and Strategy, Asia Pacific. Based in Singapore, Sona joins at a pivotal time as the firm scales up its regional retail platform, aiming to deliver global expertise to clients across Asia Pacific (APAC) and beyond. With over 25 years of experience in global brand management and retail operations, Sona has led the launch and operations of more than 200 stores across APAC, managing cross-border teams of over 1,300 people. Her deep understandin..

Next Story
Technology

CommScope Launches CableGuide 360 and Enhanced FiberREACH Solutions

CommScope, a global leader in network connectivity, has introduced two new solutions under its SYSTIMAX® 2.0 portfolio—the enhanced FiberREACH™ solution and the new CableGuide 360™ platform. These solutions aim to help enterprises extend power and connectivity to the network edge while simplifying high-density cable management. Previously known as the Powered Fiber Cable System (PFCS), FiberREACH builds on its legacy by integrating advanced hybrid-fibre cabling, increased power delivery, and chassis solutions. The upgraded system now supports up to 90W of Power over Ethernet (PoE) ..

Next Story
Real Estate

Lodha Buys Rs 5.67 Billion Transit Units in Mankhurd

Mumbai-based listed real estate developer Lodha Developers Limited has acquired 945 permanent transit camp (PTC) units measuring 339,000 square feet from Arihant Construction Company for Rs 5.67 billion. The transaction, registered on 3 June 2025, is part of Lodha’s obligations under the Slum Rehabilitation Authority (SRA) scheme related to its ongoing township project in Vikhroli.The acquired units in Mankhurd will be handed over to the SRA to secure development rights for free-sale construction under the Vikhroli project. The deal includes a stamp duty payment of Rs 340.2 million and regis..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?