Pune Municipal Corporation (PMC) has announced initiatives aimed at addressing the city's housing needs, especially for its transient population. With a focus on affordability, PMC will introduce rental housing projects, starting with Baner. Additionally, plans include affordable housing and slum rehabilitation in Gultekdi. The administration is also revising charges for approval of Gunthewari projects to encourage participation. Notably, PMC targets a significant revenue increase from building permissions, signaling a proactive approach to urban development.
0:00
0:00
In a bid to address the pressing housing needs of Pune's rising population, the Pune Municipal Corporation (PMC) has unveiled ambitious plans for affordable housing projects. These initiatives aim to cater to the requirements of the city's floating population, many of whom struggle to afford even low-cost accommodations.
PMC's City Engineer, Prashant Waghmare, disclosed that the corporation has introduced rental housing projects, recognizing the financial constraints faced by many migrants arriving in Pune from various parts of Maharashtra and beyond. The first such project is slated for development in Baner.
Additionally, PMC officials revealed plans for an affordable housing project and a slum rehabilitation scheme in Gultekdi, leveraging the corporation's sizable land holdings spanning 21 acres in the area.
Acknowledging challenges hindering the implementation of housing schemes, PMC officials highlighted the need to review the charges associated with approval processes, particularly citing heavy regularization fees as a deterrent. Efforts are underway to address this issue, with PMC working towards adjusting the charges in collaboration with state authorities.
PMC's budget for the fiscal year 2024-25 reflects a substantial increase in revenue targets from building permissions, signaling the corporation's commitment to ramping up housing initiatives. With a target of INR 2,492.83 crore set for the current fiscal year from building permissions, PMC has already collected INR 2,000 crore till the end of February.
Furthermore, PMC is eyeing the development of town planning schemes in merged villages, aiming to enhance infrastructure and amenities such as drainage systems, roads, water supply lines, schools, and healthcare facilities in these areas. This strategic approach is expected to alleviate pressure on existing infrastructure in densely populated urban areas.
As PMC forges ahead with its housing agenda, stakeholders remain hopeful that these initiatives will not only address immediate housing needs but also foster inclusive urban development in Pune.
This disclaimer ("Disclaimer") is applicable to the entire Site. Upon entering the Site it is recommended that you immediately read the Terms and Conditions and Privacy Policy listed therein. Your continued usage of this Site will indicate your unconditional acceptance of the said Terms and Conditions and Privacy Policy. You hereby agree that Prop News Time reserves the right to modify at any time, the Terms and Conditions and Privacy Policy governing this Site without prior notification. Your usage of the Site implies that you will be bound by any such modification. You agree and acknowledge that it is your responsibility to periodically visit the Site and stay updated with the Terms and Conditions and Privacy Policy of the Website.
The information contained in this Site has been provided by Prop News Time for information purposes only. This information does not constitute legal, professional or commercial advice. Communication, content and material within the Site may include photographs and conceptual representations of projects under development. All computer-generated images shown on the Site are only indicative of actual designs and are sourced from third party sites.
The information on this Site may contain certain technical inaccuracies and typographical errors. Any errors or omissions brought to the attention of Prop News Time will be corrected as soon as possible. The content of this Site is being constantly modified to meet the terms, stipulations and recommendations of the Real Estate Regulation Act, 2016 (“RERA”) and rules made thereunder and may vary from the content available as of date. All content may be updated from time to time and may at times be out of date. Prop News Time accepts no responsibility for keeping the information on this website up to date or any liability whatsoever for any failure to do so.
While every care has been taken to ensure that the content is useful, reliable and accurate, all content and information on the Site is provided on an "as is" and "as available" basis. Prop News Time does not accept any responsibility or liability with regard to the content, accuracy, legality and reliability of the information provided herein, or, for any loss or damage caused arising directly or indirectly in connection with reliance on the use of such information. No information given under this Site creates a warranty or expands the scope of any warranty that cannot be disclaimed under applicable law.
This Site provides links to other websites owned by third parties. Any reference or mention of third-party websites, projects or services is for purely informational purposes only. This information does not constitute either an endorsement or a recommendation. Prop News Time accepts no responsibility for the content, reliability and information provided on these third-party websites. Prop News Time will not be held liable for any personal information or data collected by these third parties or for any virus or destructive properties that may be present on these third-party sites.
Your use of the Site is solely at your own risk. You agree and acknowledge that you are solely responsible for any action you take based upon this content and that Prop News Time is not liable for the same. All details in the form of news stories, photos and videos provided on this Site are updated on the basis of information available from the respective developers/owners/promoters. All such information will not be construed as an advertisement. This Site is for guidance only. Your use of this Site – including any suggestions set out in the Site and or any use of the resources available on this Site, do not create any professional–client relationship between you and Prop News Time. Prop News Time cannot accept you as a client until certain formalities and requirements are met.
Cookie Disclaimer
We use cookies to give you the best possible service while using our website, please accept it and continue browsing if you're happy with this. For more information see our Privacy Policy