Pune Property

Residential Rates For Property Tax, IT Firms Relieved

IT companies in the city that were facing the daunting prospect of paying property tax at commercial rates as per a resolution passed by the Pune Municipal Corporation (PMC) three months ago can now heave a sigh of relief. In a clarification by the state government dated March 30, it has been made clear that its IT policy that allows residential rates for property tax in the rest of the state is applicable to Pune as well.
Read the rest of the Indian Express article, Relief for IT firms, residential rates for property tax.

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Anil Pharande is Chairman of Pharande Spaces, a leading construction and development firm that develops township properties in West Pune. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer in the PCMC area offering a diverse range of real estate products catering especially to the 42 sectors of Pradhikaran. The luxury township Puneville at Punavale in West Pune is among the company’s latest premium offerings. Woodsville in Moshi is another highly successful PCMC-based township by Pharande Spaces which is now in its 3rd phase.

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