Pune civic body seals buildings over property tax dues

Since May of this year, the local council has sealed more than 400 structures belonging to citizens who have not paid property taxes for several years and are about to lose their homes. "Notices informing the owners and occupants of these properties of the payment were sent. However, after numerous summonses, they have failed to pay the tax, so these properties have been sealed. The next course of action, which may include auctioning off these properties, would be decided in due course, according to Ajit Deshmukh, chairman of the Pune Municipal Corporation's (PMC) property tax division.<..

PMRDA plans development for 23 villages under Pune Municipal Corp

On Wednesday, the Pune state government said that the Pune Metropolitan Region Development Authority (PMRDA) is appointed to draft a development plan for 23 Pune Municipal Corporation (PMC) merged villages.

PMRDA will work as a special planning authority for this development plan, the government said.

The BJP-run Pune Municipal Corporation has criticised the government's decision. The state government's decision seems to be politically motivated, Mayor Muralidhar Mohol said.

Residents Sceptical of Sahastradhara Road Widening

Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.

The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..

Warburg Pincus Acquires Shriram Housing Finance

Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.

Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..