Budhwar Park Upgrade Back On Track After Funds Restored
ECONOMY & POLICY

Budhwar Park Upgrade Back On Track After Funds Restored

The long-delayed beautification and illumination project at Budhwar Park seashore is finally set to move forward after funds were recently restored, the BMC administration has confirmed. Officials dismissed allegations by former BJP corporator Makarand Narwekar and clarified that there is no plan to cancel the project.

According to the civic body, work had stalled because funds sanctioned in 2022–23 remained unutilised due to administrative procedures, tender timelines and the blacklisting of the appointed contractor. The project faced another setback when no budget allocation was made in 2023–24.

With financial provisions now reinstated, officials said the project will resume, ending the prolonged delay.

Last week, Narwekar wrote to Municipal Commissioner Bhushan Gagrani alleging that despite repeated assurances, the BMC had failed to redevelop Macchimar Nagar and now intended to scrap the project. He warned that cancelling the tender would trigger protests from the local fishing community. Civic authorities, however, insisted the project has not been closed. They said unauthorised structures were removed with help from the district collector, while boats were relocated with support from the local community. A work order was issued in February 2023 once the site was cleared.

A civic official explained that although funds were sanctioned for 2022–23, administrative and tender-related delays meant the work order was issued only in February, leaving insufficient time to use the funds before the March year-end. With no allocation in 2023–24, financial scrutiny and draft approval could not proceed. During this time, the contractor was blacklisted by the D Ward office, bringing work to a standstill. With the required budget now provided, the official said the project process will continue, reaffirming that it has not been cancelled.

He added that boat parking, gardens, seating areas and projections were not part of the original proposal. Any action on such features will depend on consultant recommendations, required approvals and available funds.

The tender for the project was issued in November 2022, and the lowest bidder was selected for works such as plaza development, road upgrades, stone paving, 3D painting, seating arrangements, electric poles and related components. The wider Koliwada redevelopment—an initiative of Legislative Assembly Speaker Rahul Narwekar—includes the Machhimar Nagar makeover, for which the BMC approved designs and allocated Rs 30 million in March 2023.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The long-delayed beautification and illumination project at Budhwar Park seashore is finally set to move forward after funds were recently restored, the BMC administration has confirmed. Officials dismissed allegations by former BJP corporator Makarand Narwekar and clarified that there is no plan to cancel the project. According to the civic body, work had stalled because funds sanctioned in 2022–23 remained unutilised due to administrative procedures, tender timelines and the blacklisting of the appointed contractor. The project faced another setback when no budget allocation was made in 2023–24. With financial provisions now reinstated, officials said the project will resume, ending the prolonged delay. Last week, Narwekar wrote to Municipal Commissioner Bhushan Gagrani alleging that despite repeated assurances, the BMC had failed to redevelop Macchimar Nagar and now intended to scrap the project. He warned that cancelling the tender would trigger protests from the local fishing community. Civic authorities, however, insisted the project has not been closed. They said unauthorised structures were removed with help from the district collector, while boats were relocated with support from the local community. A work order was issued in February 2023 once the site was cleared. A civic official explained that although funds were sanctioned for 2022–23, administrative and tender-related delays meant the work order was issued only in February, leaving insufficient time to use the funds before the March year-end. With no allocation in 2023–24, financial scrutiny and draft approval could not proceed. During this time, the contractor was blacklisted by the D Ward office, bringing work to a standstill. With the required budget now provided, the official said the project process will continue, reaffirming that it has not been cancelled. He added that boat parking, gardens, seating areas and projections were not part of the original proposal. Any action on such features will depend on consultant recommendations, required approvals and available funds. The tender for the project was issued in November 2022, and the lowest bidder was selected for works such as plaza development, road upgrades, stone paving, 3D painting, seating arrangements, electric poles and related components. The wider Koliwada redevelopment—an initiative of Legislative Assembly Speaker Rahul Narwekar—includes the Machhimar Nagar makeover, for which the BMC approved designs and allocated Rs 30 million in March 2023.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement