Pimpri-Chinchwad New Town Development Authority (PCNTDA) has initiated the process to get 2.5 floor space index (FSI) for its proposed housing projects.
The authority approved the policy to make necessary changes in its development plan at its monthly meeting held on Wednesday late evening.
With its housing projects presently having only one FSI, the move will help the authority to generate more houses in the twin town. PCNTDA president Prabhakar Deshmukh, chief executive officer Yogesh Mhase and other officials attended the meeting.
Mhase said that as per the government approval, the 2.5 FSI will be used in the housing projects especially for the economically weaker section. The members said that the proposal is on the lines of Maharashtra Housing and Area Development Authority (MHADA) housing projects that have 2.5 FSI. The meeting also approved the budget for 600-flat Walhekarwadi using aluminum framework.
The officials discussed the demand put up by Confederation of Real Estate Developers’ Associations of India (CREDAI) to allow seven storied buildings within PCNTDA limits but no decision was taken. The members also gave its principle nod to Maharashtra State Road Development Corporation’s (MSRDC) demand of four-acre land at Moshi for setting up of a helipad for faster evacuation of accident victims on E-way.
The president also gave instructions to speed up the work of Moshi International Exhibition Centre.
Bids approved for Aundh-Ravet flyover, Kudalwadi flyover and switching station at sector 32-A
Approval for administrative report of 2010-11 to 2012-13
Extension given for the projects of Chinchwad old octroi post to Ravet Road, tunnel work of Akurdi railway station, flyover of Kalewadi phata on Aundh-Ravet Road.