Dedicated locality research platform
Dedicated locality research platform
Enter your email address and you will receive
a link to reset your password
The implementation of the Unified Development Control and Promotion Rules (UDCPR) is expected to spark a surge in real estate activity in Pune once enforced. Local residents and leaders from the 23 newly merged areas under the Pune Municipal Corporation (PMC) have long been advocating for uniform construction regulations across all localities.
Upon implementation, developers and landowners stand to gain from various relaxations under the rules, including inside margins, which are expected to pave the way for an increase in high-rise constructions, particularly on the outskirts of the city. As per the rules, a high-rise is defined as a building with a height of 24 meters or more above the average surrounding ground level.
According to insights from local developers, the implementation of UDCPR in the merged areas is anticipated to result in roughly a 10% increase in the basic Floor Space Index (FSI). Depending on factors such as road width, the FSI could potentially reach up to 5, with additional options for ancillary and premium FSI. Developers note that buildings towering 24 meters or more can now be erected with relative ease under the new provisions.
While the PMC typically grants around 3,000 building permissions annually, combining approvals for both new constructions and redevelopment projects. However, the merger of 23 villages has led to the Pune Metropolitan Region Development Authority (PMRDA) assuming the role of special planning authority for the new areas, ceasing PMC's building permissions role.
A senior PMC official explained that though the PMC could serve as the default implementing authority for UDCPR, special state government approval is required due to PMRDA's jurisdiction. This arrangement was formalized through a notification issued by the state government on March 15, preceding the enforcement of the model code of conduct for the upcoming Lok Sabha elections.
Propscience is India’s dedicated property news portal. We cover the latest events, news, trends, deals, new launches and more.
All our services and tools are completely free of cost and available 24X7!
