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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