PCMC To Insure Staff, Equipment

pharande spaces logoFor the first time, the Pimpri Chinchwad Municipal Corporation is to give insurance cover for equipment and machinery in civic stores, the computer department, eight civic hospitals and employees in the electricity department.

The insurance cover for fire brigade employees has also been increased and has been made uniform. The PCMC has also decided to give insurance cover to 84 fire brigade employees and nine employees of the Bahinabai Chaudhary zoo.

Read the rest of this TOI article, PCMC To Insure Staff, Equipment, here

Pune Municipal Corporation Property Faces Encroachment

pharande spaces logoWhile the Pune Municipal Corporation (PMC) is busy making statements about intensifying the drive against construction on hill tops and slopes, encroachments on its own properties have become rampant.

The civic body has failed to maintain its property Wadgaon Budhruk area allotted to the water supply department and temples and huts have popped up on this land.

The hill slope, which was reserved for water works in the development plan, was acquired by the district collector and handed over to the PMC for its Wadgaon Water treatment and Pumping station. However, the PMC has been unable to protect it from encroachments.

Read the rest of the Indian Express article  Temples, huts come up on PMC land here.

Pune Real Estate In Demand

pharande spaces logoUnlike other major cities like Mumbai, Delhi, Chennai and Bengaluru, real estate demand in Ahmedabad and Pune is higher in investment segments, said a real estate survey released by ICICI Securities, the largest integrated securities firm.

The survey was conducted across eight Indian cities including Mumbai, Delhi/NCR, Bengaluru, Chennai, Kolkata, Ahmedabad, Hyderabad and Pune among 2697 online, 6767 offline buyer respondents as well as 57 property consultants.

Read the rest of the article Ahmedabad, Pune realty demand high in investor segment: I-Sec survey here.