Pune's real estate market has witnessed a remarkable surge in property registrations, with the number reaching 17,570 in February 2024. This marks a substantial 23% increase compared to the previous year, according to data released by the Maharashtra government’s Department of Registrations and Stamps (IGR). Alongside this surge, stamp duty collections soared to ₹620 crore for the month, reflecting a robust 20% year-on-year rise.

Akhilesh K Verma

In a recent development, the Reserve Bank of India (RBI) has issued a directive instructing agency banks to remain open for public transactions on March 31, 2024, which falls on a Sunday. This decision comes in light of the upcoming holidays for Holi and Good Friday, ensuring continued access to banking services during this period.