Pune Municipal Corporation to promote 1512 residences to extend income, scale back upkeep value

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In order to extend its income in addition to scale back the upkeep value, the Pune Municipal Corporation (PMC) has determined to promote its 1,512 residences allotted on lease to these affected by varied initiatives of the civic physique.

“The civic administration had offered to sell the apartments that were taken on rent to house the affected people. The proposal was approved by the city improvement committee,” stated committee chairman Anand Rithe.

Now the proposal might be despatched to the Standing Committee and General Assembly earlier than implementation.

Reethe stated PMC is buying residences from varied builders in lieu of extra flooring area index (FSI). These residences have been being given on lease to the affected individuals from 1991-92 on nominal rental expenses.

Project affected individuals primarily embody individuals displaced for finishing up improvement works for highway widening and different civic works. The homeowners got land compensation, whereas the occupants have been briefly resettled in civilian-owned residences.

“These apartments are of 270-sq ft area and can be sold to its current owner for a price ranging from Rs 12 lakh to Rs 15 lakh,” Reethe stated. He stated the PMC was getting a nominal lease of Rs 450 per thirty days. than residences, whereas their upkeep prices have been excessive.

He stated the transfer would give a lump sum quantity to the municipal physique and would additionally function a supply of property tax yearly after the challenge is bought to the affected individuals.

These residences are being rented in Aundh, Kothrud, Warje, Karvenagar, Dhole-Patil Road and Hadapsar Ward workplace space. Main civic departments have rented 1,081 residences, whereas 431 have been rented out by ward workplaces for rehabilitation of challenge affected individuals for varied civic works.

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With inputs from TheIndianEXPRESS

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