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Pimpri-Chinchwad Municipal Corporation (PCMC) has won laurels by topping in the intra-state ‘City e-Governance Index 2022’.

Torbit - February 06, 2022 - - 0 |

There were a total 27 municipal corporations from the state of Maharashtra which were included in the study done by Policy Research Organisation (PRO), PRO is a Pune based Think Tank that

primarily focuses on research and analysis of urban local policies and governance. This independent study done by IT experts ranked the website and mobile apps of all the 27 municipal corporations on more than 120 parameters and ranked them on wider criterion of accessibility, services and transparency. PCMC, with an overall index score of 5.92, has secured the top position, followed by Pune and Mira Bhayandar, which have tied for the second spot with an index score of 5.50. PCMC has achieved this milestone by providing ease of doing business and citizen centric services through its e-governance platform, besides offering Right to Service and Right to Information on line.

Pune Municipal Corporation has been systematically increasing the use of information and communications technology for internal processes and citizen service delivery. The focus is on increasing availability and accessibility of services while reducing the time and effort required by the citizens to avail the same.Among other names in the top 10 were  Mumbai, Kalyan-Dombivli, Nashik, Thane, Solapur, Navi Mumbai and Nagpur respectively.

Yamuna Eway Plots Oversubscribed 30 Times

The residential plot scheme of Yamuna Expressway Authority launched in December last year, got an overwhelming response from the property buyers. The plot scheme near the upcoming Jewar Airport which closed on January 24, was oversubscribed 30 times. In all 416 plots were up for sale and the Yamuna Expressway Authority got 13889 applications. The plot sizes were of varying sizes of 120 sqm, 162 sqm, 200sqm, 300sqm, 500sqm, 1000sqm, 2000sqm and 4000sqm, with circle rate between Rs 17400 and Rs 17800 per sqm. 

Global Sustainable Realty Honour For CapitalLand Investment 

CapitalLand Investment Limited, a Singapore headquartered company focusing on investment development and management of real estate with large investments in India, has hogged the limelight as one of the top real estate companies on the ‘2022 Global 100 Most Sustainable Corporations in the World’ index by Corporate Knights Inc. This is the tenth time that CapitalLand has been included on the index which lists the top 1 percent of companies in the world, based on their sustainability performance. CapitalLand, which has a real estate portfolio of over 30 countries and 250 cities, integrates environmental, social and governance practices into everything they do, creating positive impact on the environment and communities while delivering long-term value to the customers. CapitalLand is advancing towards being a low-carbon business through the use of renewable energy in operating its properties.

Design Instructions: Use the Pimpri Chinchwad City image from the net

TORBIT UPDATE :

 Mumbai City Property Sale Registrations

 Month Wise Property Sale Registrations

Month Property sale registrations (Units) MoM change
Jan-21 10,412 -47%
Feb-21 10,172 -2%
Mar-21 17,728 74%
Apr-21 10,136 -43%
May-21 5,360 -47%
Jun-21 7,856 47%
Jul-21 9,822 25%
Aug-21 6,784 -31%
Sep-21 7,804 15%
Oct-21 8,576 10%
Nov-21 7,582 -12%
Dec -21 9,320 23%
Jan- 22 7,732 -20%

-Market Wise Breakup of Apartment Sales

Micro-market Share in December 2021 Share in January 2022
Central Mumbai 7% 6%
Central Suburbs 31% 34%
South Mumbai 9% 8%
Western Suburbs 53% 52%

 Area Wise Breakup of Apartment Sales

Area (sqft) Share in December 2021 Share in January 2022
Up to 500 42% 40%
500 – 1,000 41% 45%
1,000 – 2,000 13% 13%
over 2,000 4% 2%

 Ticket Size Wise Split of Property Sale Registrations

Ticket size July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022
INR 1 Cr and below 53% 55% 51% 53% 58% 53% 51%
INR 1 Cr to INR 5 Cr 43% 41% 43% 43% 36% 42% 45%
INR 5 Cr to INR 10 Cr 3% 3% 4% 3% 5% 4% 3%
>INR 10 Cr 1% 1% 2% 1% 1% 2% 1%

Source: Maharashtra Govt- Dept. of Registrations and Stamps (IGR); Knight Frank India Research

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