PUNE: Two city-based construction/real estate firms have embarked on the construction of a sprawling new wholesale market to cater to Pune and its surrounding districts.
The market will come up near the existing APMC market in Bibvewadi.
Work on the market —- dubbed Maha Trade Market — which started earlier this year before being suspended due to the pandemic has restarted and is expected to the completed by 2024, the promoters said.
The promoters — Solitaire and the Jairaj group — said they have already booked more than 750 spaces at the facility that is expected to host 2,000-plus outlets. Calling it the “largest wholesale trade market” in the state, the developers expect a daily footfall of 70,000.
While having these many people in a closed premises may spark concern, even if Covid-19 is largely expected be well under control by 2024, the developers said they were designing the premises for a post-pandemic world, replete with an indoor air-filtration system and multiple wide entrances.
“Largely, wholesale markets in India do not have good security, sanitization, adequate parking, or loading and unloading facilities, and shops are spread around. At Maha Trade Market, five closely located zones will house nine different trades and a hundred-plus sub-trades — foodgrain, hardware and furniture, fabrics, accessories, gold, office supplies, surgicals, etc,” Pankaj Ojha, Solitaire director, said.
He added that they would provide parking space for more than 6,000 vehicles, as well as wide and clean loading and unloading areas. “Because the land is on a marked incline, the vehicles will be able to park on the same level as the shop they want to visit,” Ojha further said.
Ojha said the preparatory work and construction was on schedule despite the pandemic, and expects the number of books to increase over the course of next year. “There has been a lot of interest among traders in the city, as the Maha Trade Market will be close to the existing wholesale market in Bibvewadi. There has also been interest from traders from Aurangabad and Ahmednagar,” he said.
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