PMC to demolish dangerous buildings in the city
Considering the number of risky buildings in Pune and the threat it poses to its people, PMC has issued orders to demolish such structures before monsoon. According to survey reports, around 45 buildings in Pune city come under the category of highly dangerous constructions and can come down crashing anytime soon. Such a step by PMC is fueled by the last few incidents of building collapse in Pune that has resulted to a number of deaths.
Demolition of old structures is likely to boost the real estate market of the city. Availability of land in key locations of the city will offer exclusive real estate opportunity for the developers. With the demolition of the old properties in Pune, a number of residential projects is likely to come up in the next few quarters.
More than 45 old wadas are located in Pune which cannot be repaired, leaving no choice but to demolish. However, out of 1186 old wadas, around 219 buildings are there in Pune which can be strengthened by repairing and retrofitting. Market survey reports states that Budhwar peth, Kasba Peth, Bhavani Peth and Narayan peth are some of the locations in Pune, which include dilapidated structures that should be demolished immediately. According to Pune Municipal Corporation, weak structural ability is the biggest criteria for properties to fall under the list of dangerous buildings. Lakadi Ganpati building in Shukrawar Peth is one of the recently demolished buildings in Pune, that required immediate attention.
Reconstruction of dilapidated properties in Pune has always been a difficult approach. Redevelopment of old structures comprise of a number of policy and legal intricacies that has remain active for decades. It is due to such legal issues that has restricted real estate redevelopment in Pune which could have been a huge boost to the realty market of the city. Demolishing of buildings will give new scope of construction and an opportunity for private developers to flourish.
If the PMC development plan moved beyond the planning stage, the wadadwellers would be relocated within the limits of the old city. According to the new draft development plan of PMC, the old wadas are likely to experience a cluster development. As a step against prevention of collapsing of building resulting in numerous deaths, the state government has made it compulsory for the tenants of every 30 year old buildings to provide with a certificate that testifies its structural stability.
Keeping demolition of old properties and its redevelopment as the main priority of the civic body of Pune, the state government has taken an important step towards the safety of its people. By demolitioning the buildings with weak structures and joint venturing with private builders, the state government has made sure to strengthen the roots of its residential properties significantly.
