Pune's Property Tax Rebate Scheme Fails to attract interest

Pune-Mumbai Travel Shortens: Cable Stayed Bridge Completion by 2025

Travelling between Pune and Mumbai is set to become faster and more convenient with the anticipated completion of a cable-stayed bridge by March 2025. This infrastructure marvel promises to significantly reduce travel time, easing the journey for commuters and enhancing connectivity between the two bustling cities. The cable-stayed bridge, with its sleek and modern design, is poised to become a symbol of technological advancement and architectural prowess in the region.

Once operational, the bridge will offer commuters a seamless experience, bypassing congested routes and reducing trav..

Ask Property Fund Exits Naiknavare Pune Project

Ask Property Fund has successfully exited from its investment in a Pune project developed by Naiknavare Developers, achieving an impressive Internal Rate of Return (IRR) of 21%. This move signifies the fund's strategic divestment from the project, marking a significant milestone in its investment portfolio.

The decision to exit from the Pune project reflects Ask Property Fund's commitment to optimising its investment returns and redeploying capital into new opportunities. The favourable IRR of 21% underscores the project's success and the prudent investment strategy employed by the fund..

Pune Central Railway invites solar power project bids for Maharashtra

The Pune Division of Central Railway has called for bids to enlist agencies for implementing grid-connected rooftop solar power projects in Maharashtra on a state-wise basis. The projects will operate through public-private partnerships and follow a design, build, finance, operate, and transfer model. The projects will fall under two capacity ranges: (i) above 10 kW and up to 100 kW, and (ii) above 100 kW and up to 500 kW. Bidders have the option to quote for either or both capacities. The projects are expected to be operational within 240 days from receiving the work order, with developers re..

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..