MSRDC plans smart city corridor along Mumbai-Pune E-way.

Q: Do you know that State Road Development Corporation will soon build a corridor of smart cities along the Mumbai-Pune Expressway????

Abhinandsavalla, Mumbai

27th February 2015

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Replies (4)

Right Devika,
Being a special planning authority will also allow the MSRDC to a Floor-Space Index (FSI) of 0.5 to 1 as additional area for high density development against a premium.

Arushisha, Mumbai

1st March 2015

Comment

But do you know Shalini, for land acquisition, the MSRDC would use the model applied by the City and Industrial Development Corporation (CIDCO) for the Navi Mumbai International Airport or its NAINA smart city project where a portion of the developed land could be given back to original owners.

Devika, Mumbai

28th February 2015

Comment

Even MSRDC officials briefly discussed the proposal of building smart cities along the 95-km Mumbai-Pune Expressway with Chief Minister Devendra Fadnavis. The chief minister agreed to appoint MSRDC as the special planning authority for certain areas to help the cash-strapped corporation better utilise its land bank and boost its drying finances.

Shalini Parikh, Mumbai

27th February 2015

Comment

As per a presentation that MSRDC officials made to Fadnavis, designating MSRDC as a special planning authority along major transport corridors and ring roads will authorize the corporation in many ways. It will allow the MSRDC to award Transfer of Development Rights against the construction of roads and for acquisition of land.

Arushisha, Mumbai

27th February 2015

@Arushi,
Have you any idea? If they follow this type of a land acquisition model, about 22.5 % of the developed land could be handed back to the owners and another 25% may be used for development of infrastructure services. Roughly 30% can be made available for commercial exploitation, while the rest will be kept aside for open spaces.

Shalini Parikh, Mumbai

27th February 2015

Yes,
The state road development corporation is planning to tap its existing land bank and acquiring more, with the chief minister having given an in-principle signal to appoint the corporation as a special planning agency for certain areas. MSRDC has a land bank of about 500 hectare spread across 24 plots along the Mumbai-Pune Expressway. Of the 24 plots, 3 are in the Panvel taluka, 8 in Khalapur, and 13 in the Maval taluka. A vast majority of these plots remain unused.

Shalini Parikh, Mumbai

27th February 2015

Comment

Even they are planning to acquire land for developing the stretch beyond Lonavala after the ghat section. A majority of the land prior to the ghat section falls in an eco-sensitive zone. They plan to acquire land to have a bank of about 1000-1500 hectares to develop about 2-3 smart cities. The plan is still in its beginning stages and a detailed project report will take time.

Arushisha, Mumbai

27th February 2015