Urbanisation: Housing 21st century India: Anil Pharande, Chairman – Pharande Spaces
The following is the report by Anil Pharande, Chairman – Pharande Spaces
Since the year 1991, significant changes have occurred in the pattern and nature of growing urbanisation in India. Currently, most of our cities are undergoing a widespread restructuring. The year 1991 was in fact important when it comes to the land reforms, because it was this year that marked the emergence of software outsourcing and restructuring of global capitalism. This was when the Indian Government opened up FDI in the real estate sector, thereby kick-starting the emergence of large-scale townships. The peripheral areas of cities like Mumbai, Delhi, Pune and PCMC, Chennai, Gurgaon, Ahmedabad, Bangalore and Hyderabad have been the prime targets of township developers ever since.
The rapid growth in urbanisation resulted in cities with million-plus populations increasing from just 23 in the year 1991 to 35 by 2001. This further resulted in various associated problems like uncontrolled urban sprawl, inadequate supporting infrastructure, deteriorating quality of life, unregulated ribbon developments and an overall increase in real estate costs.
Despite these drawbacks, urbanisation in India is to a great extent a very necessary process if the country is to accommodate the growing demands of its population. Between 1971 and 2008, India’s urban population grew by 230 million but the next 250 million additions will be made in half the time-span. In other words, India needs more cities – and it needs them now.
The need for evolved urbanisation
Urbanisation is not been merely a side-effect of economic growth but an integral part of it. As in most nations, India’s urban areas make the maximum contribution to the country’s economy, apart from hosting the largest share of population and being the primary recipients of innovations, technological advancements and foreign direct investments (FDI).
Meeting the needs of the soaring population in urban areas will continue to be a part of the strategic policy for state and national governments. It should go without saying that promotion of efficient urbanisation requires policies that make land use, connective infrastructure and utilities more convenient for both the residents and the developers. A sustained supply of energy, affordable land, urban drainage, transport, medical facilities, water supply, schools and means for recreation are all essential parts of wholesome urban development.
Pune vs. PCMC – How failed urbanisation inspired success
While urbanisation can never be controlled, it can definitely be managed by continually reviewing policies and regulating land use/ownership norms. A perfect example for this has been set by the PCMC area of Pune. While the pressure on the Pune’s city center has been increasing and led to almost complete saturation, the PCMC model of anticipative rather than reactive urbanization has proved to be a textbook solution for meeting the needs of the city’s huge inward migration in recent years.
While new manufacturing industries and Information Technology multinationals are constantly attracted to cities like Pune, the city itself has been incapable of tackling the associated issues of rapid growth. The PCMC model of controlled urbanization was created as a solution to the chaos witnessed in Pune, and a means to meet the demand for support infrastructure and cost-effective accommodation while allowing the migrating population to be near to the city center.
Townships – Housing 21st Century Indians
Comparing the job trends between the current and past decade, we have seen the decisive emergence of an entirely new concept in India – that of Global Citizenship. Well-traveled and highly qualified professionals in India are continually migrating between cities and even countries in search for better job opportunities and living standards. While industrialisation is a part of the growth and development of a country, it will also need to account for not only the rising population that comes along but also its rising ‘quality’. In other words, India cannot afford to urbanize merely in terms of volume but also in terms of quality.
The modern breed of professionals that is the current generation of urban Indians cannot and will not be accommodated in mass-produced apartment buildings in congested suburbs. There is now a new demand dynamic when it comes to housing – the demand for high-quality urban spaces which deliver world-class infrastructure, safety, facilitation and utilities. This is what has led to the emergence of integrated townships in progressive cities like PCMC. These townships not only address the demands of urbanization, but also the need for urbanization itself to evolve with the times.
The new residential mantra now is neighbourhoods which are not only located close to the city but are insulated from the urban chaos that defines Indian city centres. By offering safe, efficient and completely self-supporting residential townships, a city not only urbanizes but urbanizes well, fostering growth by giving people with higher-than-average career potential consummate residential options.
EV manufacturing to drive demand for 13 mn. sq. ft. of real estate by 2030
National – June 01, 2023 – CBRE South Asia Pvt. Ltd., on Thursday announced the findings of its report, ‘Electric...
Peninsula Land reports 101 Cr FY 23 profit
Mumbai, May 31, 2023: Peninsula Land Limited, has announced results for the Quarter and year ended 31st March, 2023. For...
Shubhashish Homes completes Phase 2 handover of Shubhashish Geeta Property
New Delhi, 31 May 2023: Rajasthan based real estate developer, Shubhashish Homes, announced the successful completion of the Phase 2...
Automovill opens 10K sq ft workshop in Kolkata
New Delhi, May 30, 2023: Automovill, a Bengaluru-based Full-Stack Mobility solution provider, has announced the opening of its latest workshop in...
AltF Coworking to launch 2 properties in NCR
New Delhi, May 2023: AltF Coworking, a co-working solutions provider, has announced the launch of two new properties in Noida...
Agrocorp forays into residential plotted developments with ALPL One
Bangalore May 29, 2023: Real Estate Development Company, Agrocorp, on Monday announced that it is prepared to introduce resort-style villas,...
Guest Column4 weeks ago
Commercial RE: Evolving trends & insights
New Launches4 weeks ago
91Springboard launches 1000+ seater Platinum hub in Gurugram
New Launches4 weeks ago
BPTP launches residential project, District 4 in Sector 84, Faridabad
New Launches4 weeks ago
BST Developers launches “BST-Green Bhoomi”
News3 weeks ago
Tribeca appoints new Head of Business Development, Somendra Sarwal
New Launches3 weeks ago
SAYA launches SAYA STATUS, India’s Tallest Mall
News4 weeks ago
Ganga Realty to invest Rs 400 cr in its maiden high-street retail project in Sohna
Guest Column3 weeks ago
Rising disposable income to push premium housing, commercial segments