Mumbai model to help build self-financing cities in Andhra Pradesh

The Andhra Pradesh authorities has drawn a roadmap for self-financing, investment-led municipality growth, aft a high-level delegation had studied the city-building and metropolitan governance models successful Maumbai.

A squad led by S. Suresh Kumar, Principal Secretary, Municipal Administration and Urban Development (MA&UD), undertook a two-day sojourn to the Mumbai Metropolitan Region connected January 12 and 13.

The delegation studied the precocious practices successful determination governance, land-based financing, transit-oriented development, slum redevelopment and large-scale metropolis building, with a absorption connected applying these lessons to the Vizag Economic Region (VER).

Senior officials from the VMRDA, the Directorate of Town and Country Planning and the State Project Management Unit were portion of the visit.

The officials held elaborate interactions with elder authorities functionaries and agencies successful Maharashtra, specified arsenic City and Industrial Development Corporation (CIDCO) and Mumbai Metropolitan Region Development Authority (MMRDA) and Slum Rehabilitation Authority (SRA).

The squad studied however Mumbai finances infrastructure done onshore monetisation, Floor Space Index (FSI) premiums, improvement rights and Transit-Oriented Development (TOD)-linked revenues, alternatively than budgetary grants.

Particular attraction was paid to the improvement of Bandra-Kurla Complex (BKC) arsenic a planetary fiscal district, and CIDCO’s Navi Mumbai and NAINA models, seen arsenic benchmarks for Bhogapuram Aerocity and Vizag 2.0.

Mr. Suresh Kumar, successful a connection connected Tuesday, said Mumbai offers a wide blueprint for Andhra Pradesh to physique globally competitory and self-sustaining cities.

“The mode Maharashtra has empowered MMRDA and CIDCO, monetised authorities land, utilized FSI and TOD to money Metro and housing, and created planetary districts specified arsenic BKC volition straight usher Andhra Pradesh’s efforts to make VER, Bay City, TOD corridors and caller maturation hubs crossed the State, positioning Andhra Pradesh for its adjacent signifier of municipality and economical transformation,” helium said.

VMRDA Metropolitan Commissioner N. Tej Bharath said the VER would beryllium designed connected akin principles to thrust semipermanent economical growth.

“The VER is present being designed connected akin principles—master-planned maturation centres, TOD-linked densification, brownfield redevelopment and land-based financing—so that Visakhapatnam becomes a self-sustaining metropolitan system alternatively than a grant-dependent city,” helium said.