Pune : Maharashtra Metro Rail Corporation (Maha Metro) has planned to develop commercial establishments at depots and stations of Pune Metro to meet the cost of public transport facility on a large scale. To maintain the maximum non-rental revenue generated.
The Pune Municipal Corporation has sought transfer of open as well as commercial areas in the proposed establishments to the Municipal Corporation, while allowing the use of land for commercial purposes. No proposal has been received from PMC on distribution of properties. The state government has directed the PMC to convert the reservation of land from ‘public, semi-public (PSP) to metro station and commercial activities’.
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The proposed plots are 1,13,822 square meters in Kothrud, 28,000 square meters in Parvati, 26,684 square meters in Shivaji Nagar and 1,32,964 square meters in Bhamburda. The plots of Kothrud and Parvati are owned by PMC, but have been leased to Maha Metro for a nominal amount of Re 1 for 30 years, while the other two plots of Agricultural College and Adalat are owned by the state government.
Information will be given to the city planning department of the state
Four plots being handed over to Pune Metro for development of railway stations are currently reserved in the ‘public and semi-public’ category. Thus, as per the Integrated Development Control and Promotion Regulations (UDCPR), 40 per cent of the open area of the land and 50 per cent of the built up area should be handed over to the PMC. Municipal Commissioner Vikram Kumar said that after the approval of the general assembly, its information would be given to the town planning department of the state.
The commercial area should be developed by getting the building plan approved.
The Municipal Corporation says it had earlier received instructions that it would get 40 to 50 per cent of the revenue from the multi-modal hub and commercial establishment being developed by Maha Metro in its 28,000-square-metre plot. The Municipal Commissioner said in the proposal presented in the City Improvement Committee of the PMC that the PMC has requested that the commercial area should be developed by getting the building plan approved by the municipal body after paying the development fee.
Generating at least 50% of revenue from non-rental resources
Maha Metro aims to generate at least 50 per cent revenue from non-fare resources. “Pune Metro plans to generate revenue from advertisements at metro rail stations, in coaches, development of properties, Transit-Oriented Development (TOD) charges, cess and several other sources.