Tag: IT

Business

Greater Pune – A Urban Expansion Benchmark by PMRDA

Jun 11, 2024 by Mansi Praharaj 0 Comments #affordable housing projects, #Akash Pharande, #Greater Pune, #Haveli, #Hinjewadi, #industrial hub, #IT, #IT hub Hinjawadi., #Junnar, #Khed, #Lonavala Municipal Councils, #Maharashtra’s favourite tourist destination., #MahaRERA (Maharashtra Real Estate Regulatory Authority), #Manufacturing, #Maval, #middle, #modern amenities, #Mulshi, #new housing projects, #Pharande Spaces, #Pimpri, #Pimpri-Chinchwad Municipal Corporation (PCMC), #PMRDA, #Population Growth and Urbanization, #pune, #Pune Municipal Corporation (PMC), #Pune's population, #services sector, #Shivajinagar, #Social Infrastructure, #Talegaon Dabhade, #The Pune Metropolitan Region Development Authority (PMRDA), #upper-middle-class homebuyer, #Urban Expansion

Akash Pharande, Managing Director - Pharande Spaces

By Akash Pharande, Managing Director – Pharande Spaces

 

The Pune Metropolitan Region Development Authority (PMRDA) oversees an extensive and strategically significant territory now collectively referred to as Greater Pune. It covers both urban and rural regions.

The two key territories under Greater Pune are the Pune Municipal Corporation (PMC) and the Pimpri-Chinchwad Municipal Corporation (PCMC). PMRDA also governs the pivotal Talegaon Dabhade and Lonavala Municipal Councils – the former a strong and growing industrial hub, and the latter arguably Maharashtra’s favourite tourist destination.

Beyond these municipalities, PMRDA also administers numerous suburban and rural areas which are vital for Greater Pune’s expansion and development. These include the rapidly developing industrial hotspots Chakan and Pirangut, as well as Pune’s pre-eminent and pioneering IT hub Hinjawadi.

Among the rural areas are Mulshi, Maval, Khed, Haveli, and Junnar, which are important for their agricultural contributions and potential for future development. Known for their scenic landscapes, Mulshi and Maval are already attracting considerable real estate development.

As can be seen, Greater Pune is vast and diverse and showcases PMRDA’s governance across many major urban centres, IT hubs, industrial zones, and rural areas.

Over the past decade, Greater Pune’s exponential growth stands as a strong testament to PMRDA‘s strategic planning and robust implementation of development initiatives. But is this pace of growth really necessary? Let’s look at the facts.

city-planning

Population Growth and Urbanization

As of 2024, Pune’s population is estimated to be around 7.35 million in the metropolitan area and approximately 4.44 million within the city limits. Its vast talent pool across all employment categories is Greater Pune’s greatest asset, and this population needs to be accommodated.

It stands to reason that the region’s real estate sector has been booming. According to data from MahaRERA (Maharashtra Real Estate Regulatory Authority), there has been a consistent rise in the launch of new housing projects. In 2023 alone, Pune saw over 50,000 new homes launched, while Pimpri-Chinchwad added 20,000.

Prominent real estate developers have been having a field day – or rather, a field epoch – launching massive projects to aid this expansion. Given that home seekers in Greater Pune are looking for options across categories, a large number of these projects offer modern amenities that cater to the middle and upper-middle-class homebuyer segments.

While the supply of affordable housing projects has been more muted due to decreased demand, the market is replete with options even in this category.

Infrastructure Development

Across the length and breadth of Greater Pune, PMRDA has consistently focused on infrastructure development as a cornerstone of the region’s urban growth. One prime example is the Pune Metro which, in just the first phase, will connect key areas like Hinjewadi, Shivajinagar, and Pimpri. The reduced commute time creates more housing demand across all areas.

Additionally, the 128 km Ring Road will decongest city traffic by giving Greater Pune an alternative road travel route and connecting various parts of the region across major highways and economic zones. For Pune’s economic triple engine of IT, manufacturing, and the services sector, this spells gold and will massively boost trade and commerce. According to recent reports, absorption in Pune’s commercial office space reached 6.5 million square feet in 2023.

Sustainable Urbanization

PMRDA‘s commitment to Greater Pune includes a strong focus on sustainable urbanization. It has now made it mandatory that green spaces and energy-efficient designs be included in all new projects. Also, digital infrastructure, smart transportation, and efficient waste management have been prioritized.

Social Infrastructure

The growth of Greater Pune extends beyond just economic and infrastructural development. PMRDA is keenly aware that for overall quality of life and livability, adequate social infrastructure to support its growing population is of paramount importance. Not surprisingly, the region under its aegis boasts top-grade schools and colleges, hospitals, and recreational amenities.

To summarize…

Under the able administration of PMRDA, Greater Pune’s urban expansion has emerged as one of the most impressive success stories of planned growth, economic prosperity, and sustainable development. It sets a new benchmark for urban and urbanizing India, demonstrating how strategic governance and innovative planning can create a thriving, modern metropolis.

With continued focus on infrastructure, sustainable development, and quality of life, Greater Pune is poised to be a model city for the future, embodying the aspirations of a rapidly urbanizing nation.

About the Author:

Akash Pharande is Managing Director – Pharande Spaces, a leading real estate construction and development firm famous for its township projects in Greater Pune and beyond. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in the region. With the recent inclusion of Puneville Commercial into one of its most iconic townships, Pharande Spaces taken a major step towards addressing Pune’s current and future requirements for fully integrated residential-commercial convenience

News

We will make Hyderabad, a global capital for AI: Sridhar Babu, IT Minister

May 20, 2024 by Sujata Muguda 0 Comments #a global capital for AI: Sridhar Babu, #D. Sridhar Babu, #Divya Sree NSL, #Govt of Telangana, #Hyderabad, #ISB, #IT, #IT industry in the state, #IT Minister, #Mr. Revanth Reddy, #Satyanarayana Mathala, #Telangana Facility Managers Council, #TFMC

Hyderabad, May 20, 2024….We are here for a change. Our government is sincerely trying to bring in changes on all fronts in the state, said D. Sridhar Babu, Minister for IT, Govt of Telangana while addressing a gathering of Facility Managers at the 10th Green Annual FM Summit 2024 on Friday late night at the Address Convention in Narsingi in the city.

A HANDLOOM RAM WALK WAS ORGANISEDA AT THE 10TH GREEN AANUAL FM SUMMIT 2024 pic 7

The Minister was invited to be the chief guest at the summit of Facility Managers organised by decade old Telangana Facility Managers Council (TFMC).

Speaking on the occasion the Minister said that the firm foundation for the IT and ITES industry was laid in 1992 and since then in the past three decades, it has witnessed exponential growth. Over the years a beautiful ecosystem was also developed. We all are proud of our IT Industry. Our government came into power five months ago and in between, we have a poll code of conduct. The Chief Minister of the state Mr. Revanth Reddy has been working 24×7 for the past three months to fulfil the dreams of the people which were not realised during the previous government ruling.

Speaking about the IT industry in the state, D. Sridhar Babu said, we are working to bring the best brains back to Telangana. Our IT industry is at the number two position now and we would like to see it at a number one position. The Y2K Bug was the turning point for the software industry. Now AI (Artificial Intelligence) is another such moment. Chief Minister wants Telangana to take a lead, and it is his vision. We want Hyderabad positioned as the ‘AI capital of India’. It is our earnest desire to see Hyderabad as an AI City. We want to see Hyderabad as the most happening city for AI activity. We would like to see the city as a house for AI research. Who is who of the AI world must work from here, and more and more AI products and services be developed from here. Telangana would like to set up a dedicated Artificial Intelligence City. We have already allocated 200 acres of land to position Hyderabad as India’s ‘AI capital’. The AI City will be a city for tomorrow’s work. We will certainly require the services of TFMC (Telangana Facility Management Council), he added

AI is expected to capture every breadth of human life soon. We would like to take an early lead to be at the forefront of that technological development. Aiming for technology-driven growth, the Telangana government plans to host the AI Global Summit in Hyderabad in July, the Minister revealed. We will see that many AI intellectuals from across the globe take part in the Summit. The Telangana government will absorb AI into its governance, Sridhar Babu added.

Another important step and the most ambitious project we are looking at is the setting up of a Skill University in August this year. It will be on par with the best of the best global institutions. It is going to be another landmark like ISB for the city of Hyderabad. By doing so we would like to fill the gap between industry and academia that exists now. Right now we are finalising the modalities. However, we welcome suggestions, and professional expertise from experts on its constitution, modalities, policy frameworks etc, D. Sridhar Babu said

Sridhar Babu gave away mementoes of appreciation to the partners of the 10th Green Annual FM Summit 2024 who made it possible.

Later TFMC presented the Social Excellence Awards and the Green Awards. The Social Excellence Awards were presented to a couple of traffic cops.

The Best Greening the Future award 2023-2024 was presented to L & T Metro; Eco Warriors-MSN Labs: Best Sustainable Solutions — My Home Group; Earth’s Champion Award—Sattva Knowledge City; Green Innovation Award to Raheja Mindspace; Shaping a Greener Tomorrow award to Q-City; Sustainability in Action Award to Divya Sree NSL; Eco trailblazer award to RMZ; Eco Champion award to Micron; Environmental Stewardship Award to Microsoft; Eco Advocate Leadership award to TCS; Eco Innovation Trail Blazer Award to Infosys; Green leadership innovation award to GMR; Sustainability catalyst award to NSL; Eco-conscious community engagement award to Innopolis; Green technology integration award to EXTRA and Conservation Excellence award to LTI Mindtree.

Followed by this a Handloom Ramp walk was organised where facility management professionals from 21 IT companies both men and women sporting handloom garments walked on the ramp. The purpose behind such a ramp walk which has been an annual feature of FM Summit each year was to encourage people wear handloom clothes at least once a week so that the poor weavers get encouragement.

Facility management (FM) is a profession that improves business and lives by ensuring functionality, comfort, safety, and efficiency of the built environment and is practised by 25 million people around the world, said Telangana Facilities Management Council (TFMC)’s President, Satyanarayana Mathala

The summit focused on future technology and AI Practices which every Facility Manager will use in the next 10 years.