http://www.pune360.com/posts/list/2.page JForum - http://www.jforum.net A total of 22,000 hectares (approximately 54,363 acres) will be released in the city with the State Legislative Assembly on Thursday passing a resolution to repeal the Urban Land Ceiling and Regulation Act of 1976. Of the 22,000 hectares, 9,500 hectares (23,475 acres) will be used for construction activity. Municipal commissioner Praveensinh Pardeshi too welcomed the decision, but said that land prices will definitely come down in the "near future." This will help low cost housing for the poor and will also put a full stop to burgeoning slums, he said. DO NOT invest in property right now. It is too volatile out there. Stay away from the market atleast for 3 to 6 months and see the prices start falling..]]> http://www.pune360.com/posts/list/80.page#213 http://www.pune360.com/posts/list/80.page#213 GMT http://www.pune360.com/posts/list/80.page#214 http://www.pune360.com/posts/list/80.page#214 GMT http://www.pune360.com/posts/list/80.page#217 http://www.pune360.com/posts/list/80.page#217 GMT http://www.pune360.com/posts/list/80.page#272 http://www.pune360.com/posts/list/80.page#272 GMT