PMC seeks share in premium FSI
The State Government will soon finalise TOD policy for the Metro corridors. Under this policy, corporations will have to provide four FSI along 500 metres Metro corridor on both sides of route.
PUNE: As under Transit Oriented Development (ToD) policy, Floor Space Index (FSI) will go up, the Pune Municipal Corporation (PMC)has demanded funds under the premium FSI charges to develop infrastructure in the city.
The State Government will soon finalise TOD policy for the Metro corridors. Under this policy, corporations will have to provide four FSI along 500 metres Metro corridor on both sides of route. The PMC is also looking at four floor space index (FSI) along the proposed 37-km high capacity mass transit route (HCMTR) in the city. Based on this, the civic administration has tabled a proposal before the Standing Committee to provide additional premium FSI charges under TOD policy for HCMTR project.
FSI is the ratio of built-up area to the carpet area of the plot. TOD policy relates to projects like metro railway and BRTS. TOD is made to integrate land use and transport planning to develop compact growth centres within the influence zone of 500 to 800 metres on either side of transit stations.
While speaking to media, Municipal Commissioner Saurabh Rao said, “It is true there will additional pressure on the infrastructure of Pune city. However, the same cannot be avoided because of the presence of high density population along metro corridor to increase the ridership. Therefore, we have demanded half share of premium FSI to develop additional infrastructure near Metro corridors while the remaining will be paid to MahaMetro.”