The Maharashtra government unveiled new industrial policy earmarking 40 per cent of land for Special Economic Zones (SEZs) might not see substantial land being used for housing purposes in Pune district, say property experts. According to Maharashtra Industrial Development Corporation (MIDC), majority of the notified SEZs in Pune district will not have excess land to implement the schemes.
Real estate firms point out lack of basic civic infrastructure as one of the major hindrance in setting up affordable houses in SEZs. The new industrial policy, which was approved by the State Cabinet, has set aside 40 per cent land for real estate development in SEZs.
The policy states this would help in setting up special townships centred on major industrial zones and also help in de-congestion of cities.
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