Environmental clearance delays in PCMC have stalled over 100 housing projects worth Rs 30,000 crore, creating severe inventory shortage and pent-up buyer demand for past 7-8 months.
Pune dominated India's residential market in H1 2025, selling 44,000 units worth ₹32,800 crore, driven by surging demand for mid-range homes despite 27% price increases.
PCMC cancels 6,500 tenement launch under JNNURM due to PMAY launch. Beneficiaries can apply under PMAY. PCMC earlier planned 17,920 tenements but only built 11,420.