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Valor Estates Leads Third Round Bidding for Lavasa CorporationGodrej Properties Acquires 7.8 Acre Land in Hyderabad for ₹547.75 Crore
Through an e-auction, Godrej Properties Ltd (GPL) successfully purchased a 7.825-acre land parcel in Hyderabad for ₹547.75 crore. The Telangana Housing Board carried out the acquisition, and the property was situated in the city's coveted residential district of Kukatpally (KPHB).
The site is ideally situated for high-end residential development due to its excellent road connectivity. Godrej Properties plans to use this property to increase its presence in Hyderabad's burgeoning real estate market.
The auction highlights the rising demand for residential plots in the city, with the land fetching a substantial price reflecting the ongoing upward trend in Hyderabad’s real estate sector. In order to maintain a balance between high-end development and social responsibility, the auction's proceeds will also go toward affordable housing projects funded by state programs.
Through this acquisition, Godrej Properties reaffirms its dedication to building premium residential projects in strategic urban areas and expands its footprint in Hyderabad.
Land Registry Rules 2025: A New Era of Digital Property Registration in India
- Fully Digital Registration
Property registrations will now happen completely online.
No more long queues or physical visits to government offices.
- Aadhaar & Biometric Verification
To avoid fraud, Aadhaar and fingerprint verification will be required during registration.
This ensures the buyer and seller are genuine.
- One National Property Database
All property records across the country will be stored in a single digital system.
Makes it easy to verify ownership and reduces chances of dispute.
- E-Signatures & Instant Updates
Documents can be signed electronically.
Parties will receive real-time status updates on their registration process.
- Transparent Pricing System
Property values will follow a standardized and fair pricing model.
Helps avoid price manipulation and confusion.
- Quick Dispute Resolution
A new system will be set up to handle property disputes efficiently.
Focuses on fast and fair resolutions.
- Rural Access Made Easy
Even people in remote villages can access the system online.
Designed to be user-friendly and inclusive.
Rollout Plan
The system will be implemented in phases throughout 2025 to ensure smooth transition.
- Benefits to the Public
- More transparency in property dealings
- Faster processes and reduced paperwork
- Stronger security against fraud
- Inclusive access for all regions
- Cost savings from reduced travel and documentation
- Standard pricing ensures fairness
- Live tracking of registration status
- Less legal hassle through quick resolution of conflicts
Gokhale Constructions Bags Prime Land in Punes Model Colony for Rs 311 Cr Unveils Ultra Luxury Vision
In a landmark deal that’s set to reshape Pune’s premium real estate landscape, Gokhale Constructions, one of the city's most reputed developers, has acquired 3.5 acres of prime land in Model Colony for a staggering Rs. 311 crore. The land, earlier owned by Seth Hirachand Nemchand Smarak Trust, sits at the heart of Pune, making it one of the most valuable and strategically located acquisitions in recent memory.
16 Lakh Sq. Ft. of Ultra-Premium Real Estate
This isn’t just another real estate development—it’s a bold, transformative vision. Gokhale Constructions plans to build a 16 lakh sq. ft. mixed-use development combining luxury residences and high-end retail spaces. With an estimated revenue potential of Rs. 2,500 crore, this project is poised to redefine upscale living in Pune.
- Starting price of residences: Rs. 7 Cr onwards
- Luxury retail & lifestyle experiences on-site
- Dedicated 51,000 sq. ft. modern hostel facility
- Revamping of existing Jain temple to enhance community heritage
- This multi-dimensional project uniquely blends heritage, luxury, and modern urban convenience—making it not just a home, but a lifestyle destination
A Legacy of Trust and Scale
Founded by Vishal Gokhale, a first-generation entrepreneur, Gokhale Constructions is no stranger to ambitious, high-quality developments:
- 200+ residential projects completed
- 5000+ families housed in central Pune
- Currently developing 2 million sq. ft. of residential and 3 million sq. ft. of commercial real estate
- Now actively entering Mumbai’s ultra-prime market, with deals underway
Source-Pune Pulse
PCMCs Demolition Drive Sparks Protests as Town Planning Schemes Loom in Chikhali Kudalwadi
The Pimpri-Chinchwad Municipal Corporation (PCMC) has come under fire from residents after the demolition of over 4,500 unauthorised structures in Chikhali-Kudalwadi. The aggressive drive, carried out as part of the civic body's efforts to reclaim land and initiate organised development, is linked to the launch of proposed Town Planning (TP) schemes in the area.
The PCMC has notified plans for two major TP schemes—one spanning 380 hectares in Chikhali-Kudalwadi and another covering 1,425 hectares in Charholi. These schemes are a part of the city's overall vision for orderly urban development, which seeks to solve the issues created by unorganised development and unauthorised buildings.
But the civic body's action has sparked mass unrest among residents, many of whom say they were not provided with adequate notice or alternative arrangements before their houses and buildings were razed. The situation escalated last week when a group of angry locals staged protests, shouting slogans and burning copies of the notification in a show of defiance.
Residents allege that the TP schemes disproportionately favour builders and developers at the cost of ordinary citizens who have lived in the area for years. The incident underscores the complex challenges that come with urban expansion, balancing civic planning with the rights of those directly affected.
As Pimpri-Chinchwad continues to grow, the success of these TP schemes may depend not just on the plans themselves, but on how well authorities can engage with, reassure, and include the communities they aim to transform.
Source: The Indian Express
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