Fadnavis attributed the exorbitant cost of real estate in cities like Mumbai and Pune to the high cost of land there. "We need to build a structure to generate affordable land for affordable housing. This would involve tweaking the floor space index (FSI) and other means also," he said. The state government's housing policy, he said, is almost ready and would be released soon.
Large number of city realtors had thronged the program. Express PhotoAsked about the fate of Pune's development plan (DP), development control rules and the Pune Metro, Fadnavis said that all these are in the final processes of consultation. "The DP of Pune is almost ready and is in the final stages of consideration. We need to address the suggestions and objections raised by the residents of Pune," he said. The detailed project report (DPR) of the Shivajinagar to Hinjewadi metro route has been received and the state government would give its consent to it soon. "Some people have moved the National Green Tribunal against the first metro route. I would like to assure that we would look into each and every environmental aspect of the project," he said.
Funding for the newly formed Pune Metropolitan Regional Development Authority (PMRDA) would be in the line of the Mumbai Metropolitan Regional Development Authority (MMRDA), Fadnavis said.
"We are in the process of transferring land bank to the PMRDA and that would fund its activities," he said.