The proposed Local Rail Transit (LRT) and water front development protects will raise Thane to a position of advantage over other Indian cities, Thane civic commissioner RA Rajeev said at the inauguration of the 12th Housing and Real Estate Exhibition organised by the MCHI-CREDAI, Thane unit.
In his address, Rajeev also refuted insinuations that the announcement of the LRT was aimed at benefiting builders to increase rates before the exhibition. Thane Mayor HS Patil in his inauguration speech had indirectly indicated that although the LRT will help commuters, it will be more beneficial to the developers who can then increase property rates once projects are announced.
The expo was held at Dokali, Thane (West) in the presence of the mayor, civic commissioner and Thane police commissioner KP Raghuvanshi. The exhibition will be held from January 18 to 21 and organisers expect more than 20,000 people to visit it. And for those who were unable to visit the site, the expo will be held on a virtual platform for 15 days from January 22 onwards.
The Maharashtra Chamber of Housing Industry (MCHI) has introduced a QR code technology, by which people can scan the bar codes displayed on the exhibition’s walls and get all kinds of information on developers and flats available in the city.
The up and coming Thane area is expected to witness a slew of infrastructure boosts in the next few years. “It is important that we take developmental decisions today keeping the future in mind so the city does not suffer. Thane will have a new development plan by 2015, which will give preference to waste management, transport and infrastructural facilities,” Rajeev said.
The population of Thane is growing at a rate of 55 % while the constructed area in the city stands at about 20 million square feet. Rajeev said, “In the year 2012, 5,000 flats were up for sale in the market. We gave occupation certificates to 2.56 lakh square meters of residential area. This in itself talks about the rapid real estate growth in the city.”
Mayor HS Patil said that when all the upcoming projects planned for the city are completed, Thane will resemble Singapore.
Raghuvanshi reminded the civic body and builders to always bear in mind the need for security in the city. “Only a safe and secure city will be recognised as an ideal one. In Thane, there are no proper plots for police stations,” he said. “The developers, who spend crores on one building should also spend some amount on security apparatus.”