HYDERABAD: The ORR is not just a piece of infrastructure. It was a planned growth corridor, inspired by many similar development ideas in the West. The regulations around ORR were to be such that it brought in the right kind of players to unlock the land value. This was to encourage transit-oriented development.
By the year 2005, it was clear that the rate at which the city was growing with the migration from rural areas, and the fast growth of IT and ITES sector, the current city infrastructure would fall short in a big way. So, an expanded livable space was key to making all these developments viable. The ORR was to be the backbone of this new expanded space.
But for the ORR to make its impact, it does need the right kind of enabling environment. Then the road becomes the impetus to the development of the city. It has happened in the past, on a grand scale, in several countries, including the US.
Special norms for layouts, design, the combination of work and residential spaces, and the right kind of social infrastructure such as schools, healthcare centres, shopping arenas etc, becomes the big game changer and can take new economic growth in its stride.
When we authored the growth corridor plan, we anticipated that the city would develop at a certain pace. But for the global recession and the statehood agitations, we would see a far more evolved suburban life in place there already. I do see that happening even now, once the confidence of the private sector and the investors revives. -Jayesh Ranjan, MD, APIIC
Transit-oriented development, or TOD, is a type of community development that includes a mixture of housing, office, retail and other amenities integrated into a walkable neighborhood and located within a half-mile of quality public transportation. A planned TOD creates better access to jobs, housing and opportunity for people of all ages and incomes.
Some of the benefits of TOD include:
Reduced household driving and thus lowered regional congestion, air pollution and greenhouse gas emissions
Walkable communities that accommodate more healthy and active lifestyles
Increased transit ridership and fare revenue
Potential for added value created through increased and/or sustained property values where transit investments have occurred
Improved access to jobs and economic opportunity for low income people and working families
Expanded mobility choices that reduce dependence on the automobile, reduce transportation costs and free up household income for other purposes.