Jayakrupa G J

UP4000-4

Metamorphosis of Bharuch & Ankleshwar’s Economy

Bharuch has always been a prosperous city, majorly because of its unique geographical features. Although the Agriculture and Mining sectors are prevalent, the Industrial sector forms a major economic base. The growth trend shows that industrial units have spiked up tremendously, majorly falling into engineering and chemical category. The inferences are critically backed by the aforementioned observations : High potential Region connecting Ankleshwar, Panoli and Jagadia , henceforth shall not have to oversee developments in isolation with the kind of diversified and powerful stakeholders involved. The synergy of divergent logistic linkages reverberates a potential growth corridor in North-west of Bharuch impacting future job prospects in the region.


Report Content

Some of the major proposals in BAUDA. DMIC Corridor includes port development, industrial projects and logistic facilities.

53% of the Main Working population are involved in the manufacturing sector. The identified zones are the major job centers having industrial estates in them.

Outside BAUDA there are 6 estates developing where the industrialization process does not seem to have exerted significant impact, which is evident through large agricultural zones. The estates within BAUDA, having an area around 3300ha, currently employing 1.67 lakh people. The estates outside BAUDA having an area around 19,500ha seems to be currently employing around 1.16 lakh people, having potential to generate 8.48 lakh jobs in near future.

Comparing the cost of living in Bharuch to the average Indian cost, Bharuch is 5.4% less expensive, although the spending on entertainment and sports is 3.1% more expensive. In analogy to other cities in terms of land price, Bharuch still seems to be trailing backward. The zones with high land prices viz. Zone 1 – Dominated by commercial establishments, Zone 2 – Dominated by Residential and Institutional areas Zone 3 – Industrial estates; dictate Bharuch’s land market.

Considering the upcoming economic and growth centers BAUDA boundary has been extended with 134 villages totalling an area of 890 sq.km.

All of this put together gives us a spectrum of projected values. Among which we are considering the highest one, in order to accommodate unforeseen circumstances. With new delineated boundary and projected population, we came up with challenges which could be classified into regional, economy, environmental, social challenges.

While developing this concept we have considered multiple factors which will help both the cities to grow both economically as well as physically, making them well connected and giving better living conditions to the people.

Zoning intensity and developments as per regulations.

In affordable housing, we’ve the total housing demand and the area required to cater to the housing taking into account the assumptions like household size of 4. If it is affordable in high intensity zone, it shall be affordable everywhere. Taking that into account, we’ve price to income ratio from various scenarios and thus we’ve increased the base fsi from 2 to 2.2

Comparing our revenue and costing, when 50% sale of land and 50% premium fsi is achieved, we shall be able to cover the cost of the DP.