The new DC norms in the
Pune provides increased floor index in old gutted and transit-oriented
development (TOD) zones. The announcement will serve dual purpose-resolve the
incessant traffic problem and cater to the rising urban housing demand.
The State government’s
commitment to increase FSI along the busy routes of Pune city has made both
developers and the home buyers happy. As per the new norms of the DC, a minimum
FSI of 1.5 has been granted for the areas where road width is 9 mtrs. The most
active localities in the city along the metro corridor and bus rapid transit
have bagged a maximum FSI of 4. The areas which have roads with 30 mtrs width
and more have received a FSI of 3.
This development will
surely help the Property
in Pune to grow. The old congested areas of the city that will come
under its ambit are- 17 Peths and micro-markets such as Karve Nagar,Senapathi
Bapat Road, FC road JM road and Laxmi Road. There are several properties
in the area which are made in old bungalow and wada’s style. The newly formed
regulation extends a provision of the redevelopment of these old structures
into luxury flats
in Pune. In addition, the new norm has a provision which allows
that any building which is older than 30 years can be revamped. But, the new
regulation allows only small tenements that are proposed with a built-up area
ranging from 27 sq feet to 1300 sq Ft.
There huge demand of
housing properties in Pune. So,
this new regulation will also help in reducing the traffic congestion in the
city as the FSI permitted in these areas are as per the width of the road. The
increased densification would lead to a higher influx of the humanity and more
vehicular traffic on road. So, as per this new policy area with narrow roads
are granted lower FSI and localities with wider roads are permitted FSI as high
as 4.
Currently, Pune
infrastructure is reeling under immense pressure. However, it is equally
important the housing development is carried out with a sense that does not
disrupt the traffic flow. With this new announcement, the Pune city will grow
in a different manner which will increase housing options at the same time the
life of the city dwellers will also improve who have been suffering from high
traffic congestion.
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