Pune Property

PCMC Emphasises Infrastructure To Ensure Planned Development

Pimpri Chinchwad Municipal Corporation (PCMC) has been in the news lately for attracting reputed developers and emerging as a strong option for property buyers. PCMC’s carefully planned social, economic and surface infrastructure marks it different from other areas of Pune.
The growth of the real estate sector in the PCMC is closely regulated by the Pimpri Chinchwad New Township Development Authority (PCNTDA), which works together with the PCMC to keep a hawk’s eye on a planned and realistic growth. The vigilance and futuristic thinking that went into this ultra-modern satellite city have added a completely new dimension to the concept of residential properties in Pune.
A blueprint for growth was thoroughly designed, placing top priority to organised urban planning. No scope was given to a piecemeal approach or immediate capitalisation on the development potential. Most importantly, infrastructure has preceded real estate development rather than following it, as it has been seen in most cases.
Ashish Sharma, Municipal Commissioner, PCMC says, “We have sufficient funds under the JNNURM scheme to develop the city and we are providing essentials like water supply, sewerage, solid waste management, road network that every city needs at a rapid pace. Work has started to make the city slum-free for which we are constructing 31,000 homes.”
Sharma informs, “A Central Business District has been planned on a 34-acre plot. Work on BRTS is in full swing and many routes are operational now. In the last one-and-a-half years, the population of PCMC has grown tremendously, making it a good residential city from the predominantly industrial city. India’s largest convention centre has been planned here. The international airport is close by. Hinjewadi and Talegaon are in the vicinity, so it is very strategically located and hence enjoys a great demand. The DP has been approved, doubling the area of PCMC. ”
A leading developer says, “PCMC has indeed been expanding in a planned way and the new development plan has opened up a tremendous potential for Pradhikaran’s expansion. They have provided good roads and water lines for the area. Due to commercial avenues in the area, people working here can be benefited as their place of work will be near, which in turn can save a lot of time. The place has very good future potential. The electricity situation is alright now and the government is working on increasing the power supply diligently.”
Under the PCMC’s housing scheme for urban poor under JNNRUM, Pimpri Chinchwad New Township Development Authority (PCNTDA) awarded a 2,000 crore township project to a consortium comprising Mumbai-based builders. Today, PCMC is acknowledged as the masterpiece of community-oriented city development, encompassing a unique blend of sustainable residential spaces, advanced transportation networks, varied employment opportunities at all levels, modern housing complexes and townships, making it a truly global city that the residents could actually be proud of.
(Source: http://news.indianpropertyreview.com/)

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Anil Pharande is Chairman of Pharande Spaces, a leading construction and development firm that develops township properties in West Pune. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer in the PCMC area offering a diverse range of real estate products catering especially to the 42 sectors of Pradhikaran. The luxury township Puneville at Punavale in West Pune is among the company’s latest premium offerings. Woodsville in Moshi is another highly successful PCMC-based township by Pharande Spaces which is now in its 3rd phase.

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