A Pune developer has formally withdrawn from a ₹230 crore property transaction with a Jain trust following sustained religious opposition from the community over land in Model Colony.

Maharashtra's Charity Commissioner has ordered a status quo on a contentious ₹230-crore land deal involving Seth Hirachand Nemchand Smarak Trust and Gokhale Landmarks LLP in Pune's Model Colony, following protests over an allegedly undisclosed Jain temple on the property.

Explore Model Colony’s booming real estate market in Pune for 2025. Get current property prices, rental income trends, top societies, and investment tips in this premium residential hub.

Explore Model Colony's booming real estate in 2025. Discover ₹18,400/sq ft rates, rental yields of 3.5–4%, top projects, and why this central Pune hotspot is ideal for investors and homebuyers.