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Pune Infra Watch: PMC seeks 50% stake in Pune Metro’s proposed commercial properties

Maha Metro said that it had not received any proposal from the PMC on sharing of developed commercial properties.

The Maha-Metro is aiming for at least 50 percent revenue generation from non-fare resources. (Express photo by Arul Horizon)

The Maharashtra Metro Rail Corporation (Maha Metro) plans to develop commercial establishments at depots and stations of Pune Metro to generate maximum non-fare revenue to sustain the expenditure of the mass public transport facility. However, the Pune Municipal Corporation (PMC), while allowing the use of the land for commercial purposes, has sought the transfer of open as well as commercial areas in the proposed establishments to the civic body.

Meanwhile, Maha Metro said that it had not received any proposal from the PMC on sharing of developed commercial properties.

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The state government has directed the PMC to change the reservation of land from ‘public, semi-public (PSP) to`metro station and commercial activities’.

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The proposed land plots are 1,13,822 square metres in Kothrud, 28,000 sq metres in Parvati, 26,684 square metres in Shivajinagar and 1,32,964 square metres in Bhamburda. The land plots of Kothrud and Parvati are owned by the PMC but have been leased to Maha Metro for 30 years for a nominal amount of Rs 1 while the other two plots of agriculture college and court are owned by the state government.

“The four plots being handed over to the Pune Metro for development of rail stations are presently reserved in ‘public and semi public’ category. Thus, it is necessary as per the Unified Development Control and Promotion Regulations (UDCPR), 40 per cent of the open area of the land and 50 per cent of the constructed area should be handed over to the PMC,” said municipal commissioner Vikram Kumar, adding that it will be communicated to the state town planning department after the approval of general body.

The civic body says that it had earlier received instructions that it would get 40 to 50 per cent of the revenue from the multi-modal hub and commercial establishment being developed by Maha Metro in its plot of 28,000 square metres.

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The PMC has urged that the development of the commercial area should be done by getting the building plan sanctioned by the civic body by paying development charges, the municipal commissioner said in the proposal tabled in the PMC’s city improvement committee.

The decision on sharing of revenue from the non-fare initiatives will be taken by the state government and Union government and presently the focus is on giving priority to the actual work of Pune metro rail and providing the service to citizens.

The Maha Metro is aiming for at least 50 per cent revenue generation from non-fare resources. “The Pune Metro plans to generate revenue from advertising at metro rail stations, in coaches, development of properties, transit-oriented development (TOD) fee, cess and many other sources. We have so far not received any proposal from the PMC on sharing of developed commercial properties. The Maha Metro management will discuss and make a decision on it when the proposal is submitted to us,” said Hemant Sonawane, general manager of public relations at Maha Metro.

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The Pune Metro was inaugurated by Prime Minister Narendra Modi on March 6. Presently, it runs on two stretches — from Garware college to Vanaz (5 km), PCMC to Phugewadi (7 km) with both the stretches having five stations each. There are 27 trips in each direction with one in 30 minutes, starting at 8 am and ending at 9 pm.

Maha Metro plans to complete the first phase of the project by December this year and operate the services from Vanaz to Ramwadi and PCMC to Swargate.

First published on: 31-03-2022 at 14:49 IST
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