What other cities can learn from Nag­pur’s wa­ter mis­sion

Nag­pur is In­dia’s first city to have out­sourced wa­ter sup­ply to a pri­vate op­er­a­tor un­der the PPP model and en­sure that its res­i­dents get 24-hour safe drink­ing wa­ter

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Aspe­cial t rain car­ried around five lakh litres of wa­ter for parched Latur in Ma­ha­rash­tra’s Marath­wada re­gion in April this year. The first batch of 10 wag­ons, each with a ca­pac­ity of around 50,000 litres, trav­elled a dis­tance of around 350 kilo­me­tres to reach their des­ti­na­tion where wa­ter was stored in a well lo­cated near the Latur rail­way sta­tion.

Fo r 1 4 ye a r s n ow, a r i d Ra­jasthan has been us­ing the rail­ways to get wa­ter to its dis­tricts. This year since Jan­uary, t he s t at e ’ s Pub­lic Health En­gi­neer­ing Depart­ment ( PHED) has been run­ning a 50-wagon train from Ajmer to Bhilwara daily, car­ry­ing 25 lakh litres.

While these steps are nec­es­sary, such mea­sures might not have been re­quired in the first place had these cities man­aged their wa­ter sys­tems well. And with the smart cities list be­ing an­nounced, it’s time these cities took a smart look at their wa­ter man­age­ment sys­tems.

The first city to take the lead is Nag­pur, Ma­ha­rash­tra. Now in­cluded in the smart cities list, it has a pop­u­la­tion of over 2.5 mil­lion peo­ple and is the first city of its size in the coun­try to out­source wa­ter sup­ply to a pri­vate op­er­a­tor un­der the PPP I booked a flat in Septem­ber 2011 and took phys­i­cal pos­ses­sion in March 2016. The flat got regis­tered in May 2016. How much tax re­bate will I get for the EMI I have paid since Septem­ber 2011? Please help.

— Sa­tushta Singh As per pro­vi­sions of Sec­tion 24(b) of In­come tax Act, the in­ter­est paid on EMI from the com­mence­ment of the loan till the fi­nan­cial year prior to the fi­nan­cial year dur­ing which con­struc­tion of prop­erty is com­pleted or pos­ses­sion is ac­quired will qual­ify as in­ter­est dur­ing pre-con­struc­tion pe­riod. The same can be claimed as de­duc­tion in five equal an­nual in­stall­ments start­ing from the fi­nan­cial year dur­ing which con­struc­tion is com­plete. In this case, it is March 31, 2016, or till pos­ses­sion is taken and the next four fi­nan­cial years.

Ac­cord­ingly, in your case as­sum­ing the loan was also taken dur­ing 2011 in­ter­est from 2011-12 till 2014-15 (the fi­nan­cial year prior to the year pos­ses­sion is taken i.e. 2015-16) will be con­sid­ered as in­ter­est paid dur­ing pre­con­struc­tion pe­riod. model for 25 years. Un­der the scheme the main ob­jec­tive was to pro­vide 24- hour 100% safe drink­ing wa­ter to 100% pop­u­la­tion in­clud­ing slum dwellers within five years. The sec­ond ob­jec­tive was to re­duce non-rev­enue wa­ter (50% wa­ter sup­plied to towns which is un­trace­able, not recorded and not paid for) to be­low 25% in 10 years. The project in­cluded man­age­ment of the entire wa­ter cy­cle from pro­duc­tion, treat­ment, trans­port, stor­age and de­liv­ery to the cus­tomer’s tap. It in­volved re­place­ment of over three lakh house ser­vice con­nec­tions, ser­vice reser­voirs and pipe­lines.

“Now ev­ery house­hold has a tap and a me­ter ir­re­spec­tive of whether it is a jhuggi, a flat or a bun­ga­low. There is ac­count­abil­ity for ev­ery drop of wa­ter sup­plied the first time,” says

The same can be claimed by you in five equal in­stall­ments start­ing from 2015-16 and the next four fi­nan­cial years. The in­ter­est payable dur­ing the fi­nan­cial year 2015-16 can be claimed in the same fi­nan­cial year.

If the prop­erty is self-oc­cu­pied, then the max­i­mum de­duc­tion avail­able dur­ing the year 2015-16 will be ₹ 30,000. If the prop­erty is rented out dur­ing any fi­nan­cial year, there is no limit on the amount of de­duc­tion for the in­ter­est payable. From fi­nan­cial year 2016-17 on­wards the max­i­mum de­duc­tion will be ₹ 2 lakh. I got a home loan of ₹ 31 lakh was sanc­tioned in June 2009, the du­ra­tion for which is 30 years. My cur­rent salary is ₹ 11 lakh per an­num. I have given my flat on rent from which I get a rent of ₹ 1.6 lakh per an­num. I will be able to save at least ₹ 3.5 lakh per an­num (af­ter fam­ily ex­penses and EMIs are taken care of). Do you think it is a good idea to pre­pay my loan? I am also plan­ning to pur­sue fur­ther stud­ies.

—Snighda De Keep your ten­ure long and the EMIs low. Put the sur­plus amount in a sav­ings bank ac­count so that you save in­ter­est on that money while keep­ing it avail­able for pay­ing EMI dur­ing the time when you are pur­su­ing your fur­ther stud­ies. Can a mar­ried woman buy an apart­ment jointly with a sib­ling and get a home loan for it with­out the hus­band?

—Mon­ica Sharma In some cases ad­di­tional mem­bers are in­cluded to club their in­comes and in­crease loan eli­gi­bil­ity. This pooled in­come is then avail­able for re­pay­ment of the loan. That is the rea­son why spouses are pre­ferred as joint bor­row­ers be­cause their in­come is pooled to­gether as a sin­gle eco­nomic unit. Some banks also al­low chil­dren and par­ents or even sib­lings (typ­i­cally male sib­lings) since it is not com­mon for the in­come of the fe­male sib­ling to be clubbed with her male sib­lings or even with her par­ents. But if the bank is con­vinced that the eco­nomic pool­ing is likely to work, it may con­sider it as an ex­cep­tion and al­low it.

Some­times other mem­bers are added as co-own­ers even though their in­comes are not con­sid­ered for loan eli­gi­bil­ity. All co-own­ers nec­es­sar­ily have to be co-bor­row­ers. The banks are care­ful while choos­ing co-own­ers as any dis­pute among co-own­ers can disrupt loan pay­ments to the bank. When in­come is not con­sid­ered for in­creas­ing loan eli­gi­bil­ity, the bank might be a lit­tle more le­nient in al­low­ing sib­lings of a mar­ried fe­male bor­rower to be a co-owner (and there­fore co-bor­rower) if they are con­vinced that there is un­likely to be any dis­pute be­tween them in the fu­ture. which is enough for 200 lakh peo­ple.

“Cur­rently, the in­dus­trial sec­tor, which is one of the big­gest con­sumers of wa­ter, is sup­plied fresh treated potable wa­ter. They can eas­ily use waste wa­ter treated up to the sec­ondary level. As much as 80% of the wa­ter be­ing sup­plied to cities is right there. It only needs to be treated and sup­plied to in­dus­tries. Good potable wa­ter that in­dus­tries get can be swapped for res­i­den­tial and drink­ing pur­poses,” says Lakhani.

Out of a 1,000 ml litre per day sup­plied to a town, nearly 800 mld is com­ing back as sewage. Out of this al­most 500 mld can be treated and sup­plied to in­dus­tries, ther­mal power sta­tions and wa­ter city parks. This can solve wa­ter short­age prob­lems in al­most ev­ery town, he says.

Farid­abad in NCR is ideal for this kind of a project as the com­mer­cial base is huge. Sup­ply­ing treated wa­ter to fac­to­ries and in­dus­tries will help the city man­age its wa­ter re­quire­ments. It can also make the city cross sub­sidise drink­ing wa­ter for its ci­ti­zens. Gur­gaon’s wa­ter pro­duc­ing ca­pac­ity is around 320 mld of wa­ter per day. With a pop­u­la­tion of 15 lakh, the con­sump­tion of wa­ter should not be more than 200 litres per day per per­son, yet the area has wa­ter scarcity is­sues. The Rishabh Group has launched Hin­don Green Val­ley in Indi­ra­pu­ram, Ghazi­abad. The project, spread across 7acres, will com­prise 2 and 3 BHK apart­ments rang­ing from 775 sq ft to 1,590 sq ft. The units will be priced up­wards of ₹ 35 lakh. The com­pany is ex­pect­ing a sale value of ₹ 800 crore from this project. Land for Hin­don Green Val­ley is 100% paid for and is free­hold. The project has been ap­proved by the Ghazi­abad De­vel­op­ment Author­ity.

In terms of con­nec­tiv­ity, the project is barely a few min­utes away from NH 24 through the newly con­structed Pushta link road.

Ac­cord­ing to San­jeev Jain, CMD, Rishabh Group, “We are very de­lighted and happy to an­nounce the launch of Hin­don Green Val­ley for our val­ued cus­tomers. As a com­pany we have al­ways be­lieved in de­liv­er­ing the best qual­ity projects to our cus­tomers and we are sure that with our qual­ity de­liv­er­ables and com­mit­ment of pro­vid­ing the best of tser­vices, we will be able to sur­pass their ex­pec­ta­tions”.

Rishabh Group has de­vel­oped more than 20 lakh sq ft of res­i­den­tial and com­mer­cial spa­ces.

Nag­pur’s wa­ter man­age­ment project in­volved re­place­ment of over three lakh house ser­vice con­nec­tions, ser­vice reser­voirs and pipe­lines.

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