Pune Smart City Development Corporation awaits PMC approval for project: ‘6th letter since Oct’

The Rs 1,251-crore hub will be constructed on a 10.84-acre plot in Balewadi

To manage its 3,700 bills, PMC hires management service worth Rs 36 lakh

Once the PMC gives necessary permissions for the project, which will be carried out on a Public Private Partnership (PPP) basis, the PSCDCL will begin the process of appointing a developer.

Awaiting the approval of the Pune Municipal Corporation (PMC) for implementation of the Rs 1,251-crore multimodal transit hub project, the Pune Smart City Development Corporation Ltd (PSCDCL) has again sent a reminder the civic body.

In a communique to municipal commissioner, PSCDCL CEO Rajendra Jagtap said it was in the process of structuring the project and had made numerous requests to the PMC regarding the implementation of the project.
“We once again request the PMC’s support for an approval of the necessary decisions for implementation of the project through a discussion on priority in the forthcoming meeting of the general body meeting of the civic body,” he said. He added that once the PMC gives necessary permissions for the project, which will be carried out on a Public Private Partnership (PPP) basis, the PSCDCL will begin the process of appointing a developer.

According to PSCDCL, this was the sixth communication to PMC related to the implementation of the ambitious project with the first letter being sent in October last year. It has been demanding the transfer of proposed land parcel with development and monetisation rights, approval on leasing and sub-leasing of land parcel for 60 years, waiver of upfront land premium towards lease and FSI premium on proposed land parcel and change in land use from the Public Semi-Public zone to commercial use for Transit Oriented Development zone.

The proposed transit hub in survey 26 1/A in Balewadi would come up on 10.84-acre of land and have a total of 19 lakh sq feet of construction which includes FSI available from TOD and incentive FSI from Green Building. In addition, there would be construction for 9.71 lakh sq feet for parking area for four-wheelers and two-wheelers. The location is adjacent to the national highway 48 on the eastern side, with direct access through two major roads Balewadi Road and Balewadi -Hinjewadi road to Pune city.

The PSCDCL board of directors had, on June 14, approved the release of expression of interest to explore the feasibility and viability of the project and the access the market conditions.

The proposed Transit hub will be a state of the art mixed land use development, integrating public and private transport with adequate numbers of bus and paratransit bays to take care of inter-city, intra-city, para-transit demand, integration with the city Bus Rapid Transit (BRT) system, bus transit facilities for both inter and intra city services of PMPML, MSRTC and private operators, integration of proposed metro station as part of the proposed Shivajinagar – Hinjewadi corridor being developed by PMRDA, commercial development including high quality office, retail, hospitality and other facilities, multi-level car parking for commuters and other users of the development. Bus parking for around 80 buses, Parking for 1,942 four wheelers and 3,884 two wheelers, Commercial office space of around 17.5 lakh square feet, retail development of around 4 lakh square feet. In addition, the transit hub terminal would also have sufficient integration with the metro station proposed to be developed by PMRDA.

The total value to the PMC would be around Rs 600 crore, which includes construction of the transit hub facility at Rs 60 crore without incurring any cost to the civic body, Rs 200 to Rs 300 crore for the bidding value of land parcel which will be combination of upfront payment and lease payment over the life of the asset and Rs 280 crore from land premium.

Ajay Jadhav

Ajay Jadhav is an Assistant Editor with The Indian Express, Pune, a role that reflects his seniority and editorial Authority. He is a highly specialized journalist whose work demonstrates significant Expertise in the critical areas of urban development, governance, and sustainability, often linking policy to its on-the-ground impact across Maharashtra. Expertise Senior Editorial Role: As an Assistant Editor at The Indian Express, Ajay Jadhav contributes to the editorial direction and maintains high standards of Trustworthiness and quality in his reporting. Core Specialization: His reporting focuses intensely on the intersection of infrastructure, politics, and social development, with expertise in: Infrastructure and Civic Issues: Provides in-depth coverage of crucial development and urban governance topics. His work includes reporting on the glaring contrast between planned infrastructure projects (like private helipads) and the lack of basic facilities (schools and hospitals) in politically significant areas, highlighting accountability gaps. Politics and Governance: Consistently reports on political developments, scrutinizing decision-making that affects public life and development initiatives in Maharashtra. Sustainable Development & Environment: Demonstrates a commitment to responsible development by reporting on initiatives that successfully protect the environment while ensuring essential infrastructure development. Investigative and Policy Impact: National Impact: Ajay has written notable research articles on Conservancy staff which achieved a nationwide impact by directly contributing to the framing of policies aimed at improving the working conditions of waste-handling laborers. This demonstrates his capacity for impactful, evidence-based journalism. Additional Interests Personal Engagement: His background as a trekker and sports enthusiast suggests a keen personal interest in the environment and outdoor spaces, which likely informs his detailed and passionate reporting on sustainable development and civic issues. Ajay Jadhav's sustained focus on governance, his track record of high-impact policy-shaping research, and his critical eye for infrastructure gaps establish him as a trusted and authoritative source for news and analysis in Pune and Maharashtra. ... Read More

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