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Friday, February 8, 2013

How to develop PCMC - Anil Pharande has few suggestions

Anil Pharande
Anil Pharande, Chairman of Pharande Spaces & Vice President – CREDAI (Pune Metro) has called for action to develop Pimpri Chinchwad Municipal Corporation in Pune, saying that the region requires overall development and seek authorities help to improve infrastructure and other facilities there.

“Considering the pace at which real estate development has been taking place, certain lacunae in adhering to the PCNTDA's master plan were unavoidable. One of the most glaring examples of this was the emergence of unauthorized structures in various pockets of the PCMC,” he said.

Thanking authorities for their drive against such structures, he said, “We are confident that all illegal constructions will be erased from the landscape by the end of 2013.” 

Pointing out the lack of lack of adequate road connectivity between certain key areas of the PCMC and areas such as Talegaon, Anil Pharande said, “Because of the massive potential for industrial and residential development in and around these areas, they have seen most of the road construction initiatives. In the process, road connectivity from these locations to some of the most important growth areas of PCMC has been largely ignored.”

Paradoxically, the areas referred to as Phase 2 in the PCMC development plan hold the highest potential for real estate growth. Thanks to the availability of large land parcels at relatively lower prices, residential and commercial realty development has picking up rapidly in areas such as Moshi. In the meantime, Moshi has become a hotbed for property investments because of the International Convention Centre being jointly developed by the Maratha Chamber of Commerce and the PCMC, he said.

Ruing for insufficient road connectivity between Phase 2 and the larger industrial hubs, he said this was going be a huge stumbling-block for the overall growth of the region. “The lack of a suitable road network means that people living in areas like Moshi face difficulties in reaching their workplaces in these employment clusters. This issue must be addressed on a priority basis. A city like PCMC must do everything in its power to ensure that its growth pockets are not isolated from each other,” he noted.

Growth prospects

Yet another issue is that the population within the Pimpri Chinchwad Municipal Corporation is growing at an annual rate of 73%. Such a rate of growth makes it necessary to provide more spaces for development. Unfortunately, there have been limitations put on the city's potential for geographic expansion by Red Zones (non-development areas).
It is imperative that more of the region's outlying villages be included in the urbanization plan. There are enough examples in India of what happens when a city does not expand geographically in tandem with its population growth. Such a situation must not be allowed to develop in the PCMC. Also, PCMC needs to be able to accommodate the rapid growth in population in terms of providing more educational institutions, shopping complexes, healthcare establishments and entertainment zones, he said.

Sustainable development

“Finally, I would like to touch on PCMC's major thrust towards sustainable real estate development. It is no secret that green development is the future of real estate all over the world. In fact, many of the bigger residential townships and commercial complexes in the PCMC have already adopted the 'green development' mantra. The new PCNTDA building itself is a resounding statement to how important sustainable development has become to the city, “he said.

Nevertheless, there is still a noticeable lack of enthusiasm within the region about the benefits of green homes and workplaces. One of the reasons for this is lack of awareness. Many of the region’s residential property developers and buyers have not been attuned to the advantages of environmentally sustainable properties. I urge the State Government to join hands with the PCMC to bring about greater awareness and eventual adoption of this vitally important principle, the Vice President of CREDAI (Pune Metro) said.

Pitching for better incentives for developers and buyers of green homes in the PCMC, he said, “The use of non-conventional energy sources and sustainable waste water management does not only have a positive impact on the environment and on the overall quality of life. Such measures reduce the strain on municipal resources, resulting in significant revenue savings. Unless the benefits of these savings are passed back on to the developers and buyers of sustainable properties, we cannot expect a more wide-spread adoption of the 'green' mantra in PCMC.”

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