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Purandar International Airport Joint Survey Reaches the Final LegMahindra Lifespace Acquires 13.46-Acre Land Parcel in Pune for ₹3,500 Crore Housing Project
In order to build a massive residential project with an estimated GDV gross development value of ₹3,500 crore, Mahindra Lifespace Developers Ltd., the real estate and infrastructure development division of the Mahindra Group, has acquired a 13.46-acre plot of land in Pune.
The new land is located in Nande–Mahalunge, one of Pune’s most promising growth corridors connecting Hinjewadi, Baner, and Balewadi. The acquisition reinforces Mahindra Lifespace’s focus on expanding its footprint in high-demand urban micro-markets with strong infrastructure potential.
A Strategic Location in Pune’s Western Corridor
The Nande–Mahalunge area has rapidly emerged as a real-estate hotspot in recent years, thanks to its proximity to key employment hubs such as Hinjewadi IT Park, Baner, and Balewadi High Street. It is also part of the PMRDA Town Planning Scheme, which will further enhance road networks and civic infrastructure.
Mahindra Lifespace’s new project will benefit from these infrastructural developments, offering easy access to the Mumbai–Bengaluru Expressway, Pune Metro, and proposed ring road connectivity, making it a well-connected and desirable address for future homebuyers.
₹3,500 Crore Project with Premium Residential Focus
Industry estimates suggest the development could include a mix of 2, 3 and 4 BHK configurations, following Mahindra Lifespace’s consistent approach of integrating sustainability, open spaces, and green architecture in all its projects.
A GDV of ₹3,500 crore places this among the company’s largest projects in western India, signalling strong confidence in Pune’s luxury housing demand.
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