Sunday, December 30, 2007

Land sharks on the prowl in Pune

Behind Pune's real estate explosion is a familiar network of corruption and rule-bending involving some of its biggest politicians and biggest builders.

The Ramnadi, equivalent of Mumbai's Mithi river, has been turned into a sewer. All around it posh but unauthorized apartments, corporate offices and a cluster of shanties have shrunk a river out of existence.

read more | digg story

Related Stories:
1. DC releases list of Ramnadi encroachments
2. Builders demand clarification ...(..!..?)
3. "Demolish encroachments" Anil Bhosale, Leader of the House
4. Encroachments at Ramnadi pulled down
5. "Pune can absorb up to $2-3 billion in Foreign Direct Investment annually" Lalit Kumar Jain, president, Promoters and Builders’ Association of Pune


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