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The Times of India
The Times of India
National
Sarang Dastane and Prasad Kulkarni | TNN

Pune: Building permission department may not remain cash cow next fiscal

Pune

PUNE: The building permission department might not be as lucrative a segment for the civic body on the revenue front in the next financial year, after a record earnings of about Rs1,800 crore in the ongoing fiscal.

The commissioner’s budget reduced the revenue target of the Pune Municipal Corporation (PMC) department substantially to Rs1,400 crore for the 2022-23 financial year. “The special scheme for discount in the premium floor space index (FSI) had boosted the income from building permissions. Many additional proposals had reached us for the availing benefits of it. This may not be the case in the next fiscal. So, I have scaled down its revenue target,” the Pune municipal commissioner, Vikram Kumar, said.

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