The Pimpri–Chinchwad Municipal Corporation (PCMC),
PCMC has set up an Urban Transport Fund (UTF) to fund the proposed BRT scheme. The UTF has been structured as a sustainable long-term urban transport infrastructure financing mechanism. On one hand, the UTF captures the incremental benefits arising from the planned, pre-empting development of the BRT corridors, primarily through increased land values and various revenues linked to induced vibrant economic activities.
On the other hand, it plows the captured benefits right back into the development of the BRT corridors itself. Both the UTF and the BRT scheme will be managed by a special purpose vehicle (SPV) wholly owned by PCMC, named the PCMC Infrastructure Company Limited (PCIC).
A hundred meters on both sides of each BRT corridor have been identified as the “BRT influence zone” and will significantly benefit from the BRT development.
PCMC tops up the FSI by 80% from the current 1.00 to 1.80 within the “BRT influence zone” to allow it to be developed/redeveloped more intensively or “densify”
Reformulating Zoning (FAR) Regulation along with Urban Infrastructure Development
Register & Download PDF for Educational Purposes Only
Urban Development Policies Study notes for M. plan Sem-II
URBAN DEVELOPMENT POLICIES.pdf
Register as member and login to download attachment [pdf] by right-click the pdf link and Select “Save link as” use for Educational Purposes Only
Disclaimer
Information on this site is purely for education purpose. The materials used and displayed on the Sites, including text, photographs, graphics, illustrations and artwork, video, music and sound, and names, logos, IS Codes, are copyrighted items of respective owners. Front Desk is not responsible and liable for information shared above.