Friday, August 17, 2012

More benefits in lieu of land given for BRTS ... - Real Estate India


??|?? August 16, 2012 ?? 12:56pm ??|Contributed by MANOJa

PUNE: People who will lose land to the two Bus Rapid Transit System (BRTS) projects in Pimpri-Chinchwad will get benefits in addition to the compensation given for land acquisition. The benefits include transportation, vulnerability and subsistence allowances.

For a total of 498 project affected persons (PAP), the collective allowances will cost Rs 22.55 lakh to the Pimpri Chinchwad Municipal Corporation (PCMC).

The municipal corporation, with funding from World Bank loans, has started work on two BRT routes ? Kalewadi Phata to Dehu Alandi Road, and Wakad to Nashik Phata Road. The total cost of the project is around Rs 425 crore. The civic body made an agreement with the World Bank and the state government in February 2010 for developing the two routes as sustainable urban transport project (SUTP). It is mandatory under this agreement to have environmental management plan and resettlement action plan. The PCMC has hired an agency to conduct social and economic surveys for the two roads.

PCMC assistant commissioner Dilip Gawde said, ?The project affected persons of the BRT projects will get compensation as per the civic body?s policy. The PCMC is giving the additional allowances to them.?

Kalewadi Phata to Dehu-Alandi BRT route is 10.2 km long, while the Nashik Phata-Wakad route is 7.9 km long.

The benefits

** Each residential property owner to get a residential transport allowance of Rs 1,000. There are 214 such beneficiaries

** 68 owners of commercial properties to get a commercial allowance of Rs 1,000 each

** Subsistence allowance per beneficiary of Rs 4,000 for rental business. There are 72 such beneficiaries

** Subsistence allowance for 68 commercial property owners is Rs 19,200 each

** Vulnerability allowance for economically weaker families of Rs 5,000 per beneficiary. Total 76 beneficiaries

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Source: http://www.indianrealtynews.com/real-estate-india/pune/more-benefits-in-lieu-of-land-given-for-brts-projects.html

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