Live news feed — last updated 10 July 2026
Pune's real estate market demonstrated strong momentum in the first half of 2026, with the office sector achieving its highest-ever leasing volume and residential sales showing a 2% year-on-year increase. New housing launches also rose by 17%, indicating developer confidence.
Pune experienced heavy rainfall on July 5, 2026, leading to significant disruptions and infrastructure damage. A compound wall of a residential society collapsed, damaging 14 vehicles, though no injuries were reported. The India Meteorological Department (IMD) issued an orange alert for Pune and a red alert for Mumbai, forecasting continued heavy to extremely heavy rainfall across Maharashtra.
The Maharashtra State Road Development Corporation (MSRDC) has submitted a revised funding plan to the state government for the expansion of the Mumbai-Pune Expressway to 10 lanes. If approved this year, the project will be tendered under BOT model, with construction expected to begin next year and conclude by 2030.
NMC has mandated a 50:50 utilization of premium Floor Space Index (FSI) and Transferable Development Rights (TDR) to stimulate demand and expedite land acquisition processes. This policy aims to streamline development and potentially accelerate the pace of new construction projects.
PMC is moving forward with plans to construct a new bridge parallel to the existing Rajaram Bridge to alleviate traffic congestion on Sinhagad Road. This project aims to improve connectivity between Sinhagad Road and Karvenagar , DP Road, reducing daily traffic bottlenecks and enhancing commuter experience.
The Pune Municipal Corporation (PMC) is planning to establish 500 EV charging stations in public places across the city to encourage the use of electric vehicles. The charging stations will be located in municipal gardens, main roads, and educational institutes. The PMC has issued a tender for the project and plans to involve private agencies for setting up the charging stations.
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