Keeping up with its expansion plans for Pune airport, the Airports Authority of India (AAI) is deliberating between two options to acquire a 5 acre plot. The land is located next to the airport’s parking number one and can be taken either through the Pune Municipal Corporation (PMC) or through a JV between the owners of the plot and AAI.
The Pune Municipal Corporation is planning to make better use of the waste plastics. The civic body is reportedly planning to have roads constructed using a mixture of polymer glue and tar that is made from shredded plastic waste.
The CW team recently met Ashish Sable, Senior Vice President & Group Head, Debt Capital Markets, SBI Capital Markets, at the Smart Urbanation Summit held in Hyderabad, organised by Smart Cities Council India.
Duville Estates has launched a residential township project ‘Riverdale’, its first project in Kharadi, Pune. The project comprises of three premium offerings – Riverdale Heights, Riverdale Grand and Riverdale Residences – spread over 31 acre.
Safety of labours is becoming a prime question in Pune after a 13th floor slab in an under construction building recently collapsed leading to the death of nine labourers. Part of a housing complex known as Park Xpress, a project by the Pride Purple construction group, the labourers – who have had to pay the price of unlawful construction – majorly hailed from the Eastern state of Bihar.
Pune’s Grade A commercial office real estate market has been increasingly attracting the attention of major office space occupiers as a second option to Mumbai, because of its freshly available quality space options, comparatively affordable rental rates, as well as its proximity to and excellent connectivity with India’s financial capital.
PVP College of Architecture and a citizens’ Group has recommended several measures to transform Aundh in Pune into a smart locality. The Group has submitted its proposals to the Pune Municipal Corporation urging it to implement its recommendations.