Developers will get to run townships in Maharashtra for 10 years
The Special Township Policy for Integrated Development has been issued by the state govt for development of private townships near major citiesmumbai Updated: Dec 07, 2016 00:59 IST
Developers building private townships on 100 acres of land or more in state will be allowed to build and look after infrastructure — internal roads, water supply, electricity distribution and local transport — for the first 10 years, after which its governance will be handed over to a civic body.
Under its Special Township Policy for Integrated Develop-ment, the state has decided to grant permission to build private townships on at least 100 acres of land. The developers, however, will have to build the townships following norms of the Centre’s smart cities project.
The developers can also decide on the charges to be recovered from the occupants of the township for the first 10 years. “The charges will be determined by the developer, or we will set up a regulator. After 10 years, the government will form a civic body for the area and that will take over the basic administration from the developer,” said a senior urban development department official.
Currently, government agencies such as City and Industrial Development Corporation (CIDCO) follow these norms after building its colonies.
HT, in June this year, had reported about the government’s decision on the special township policy, with an objective to set up more smart cities across the Mumbai Metropolitan Region (MMR) and other cities of Maharashtra.
The now-finalised policy — revised for the third time since it was introduced a decade ago — facilitates development of self-sufficient modern townships, with developers being tasked with providing and maintaining public amenities (gardens, playgrounds, town hall, school, health care facilities, police station, fire brigade); basic infrastructure; commercial activities (shopping complex and movie theatre); smart facilities (broadband connectivity and CCTV network for security); and public transport (to and from nearest railway station or bus station).
Under the policy, developers will get 1.7 to 2 floor space index (FSI) to build the township. FSI refers to the ratio of the built-up area to the total plot area.
The government has also made it mandatory for the developers to provide 20% of the built-up area for affordable housing, including 5% for rental housing.
State officials said the new policy will boost development of private townships in the MMR as well as in the vicinity of cities such as Pune, Nashik and Nagpur. The state government has already received 22 proposals for building such townships. “We have set up a target of clearing 10 proposals every year,” said the official.
THE MAHA POLICY AND ITS NORMS
The Special Township Policy for Integrated Development has been issued by the state govt for development of private townships near major cities.
The townships will be allowed on a minimum of 100 acres of land.
The developer will have to build basic infrastructure and also provide civic amenities for the first 10 years, after which governance for the same will be handed over to a civic body the govt will create.