Go green-PMC offers 10 percent reduction in property tax
Mayor Mohansingh Rajpal has said that builders should play a more pro-active role in developing green building such as developing facilities for recycling of water, rainwater harvesting, sewage treatment as this will help reduce the load on Pune Municipal Corporation (PMC), in return, the PMC offers a 10% reduction in property tax that will make a project more attractive to buyers.
The mayor said, “The young generation of builders is doing a lot of good work for the city. Pune needs more and more young people in the process of development of the city,”
“Even before the government came out with sops for green initiative, Pune’s builders took it upon themselves to develop such projects.” said Shantilala Kataria, vice-president, CREDAI.Kataria said “This is on account of shortfall of land availability. CREDAI, Pune, has made a representation to the urban development secretary TC Benjamin to make more land available by applying the same parameters of redevelopment for wadas and old city areas as they have done in Mumbai. The development plan has not been approved leading to hold up of more land that can be developed.”
Mayor Rajpal told CREDAI members the development plan would be passed before October 15. “I can assure you the plan will be passed before Diwali. Whatever is required for the betterment for the city, I am ready to do.”
The mayor asked CREDAI members to explore ways in which tourism can be increased in the city and assist the PMC to develop projects such as cleaning up the river, development of a world class exhibition centre, museums and malls.
Source: expressindia.com
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