The morphotropic phase boundary (MPB) composition of (1−x)Pb(Mg1/3,Nb2/3)O3-xPbTiO3 (x = 0.32) was synthesized by the columbite precursor method without the use of any excess PbO for densification. Ceramics were prepared using two atmospheres viz. sintering in air and oxygen, respectively to study the effect of these different processing conditions on the sintering process. High-density ceramics were formed when samples were sintered in an oxygen environment. The high density and absence of excess PbO, resulted in excellent dielectric, ferroelectric and piezoelectric properties. Dielectric constants on the order of ∼41,500 were recorded at the Tc. A maximum strain level of ∼0.17% at ∼30 kV/cm, associated with a piezoelectric constant (d33) of 785 pC/N was obtained on the samples having the highest density.