Fadnavis Panel To Fast Track Pune Tunnel Network And Ring Roads

16 Jul 2026 CW Team

The committees are to ensure coordination between departments, smooth land acquisition, mobilisation of funds and oversight of financial management and project tracking. The high level panel will take policy and financing decisions and the executive committee will handle routine implementation and inter agency coordination. Officials from the Pune Metropolitan Region Development Authority (PMRDA), Pimpri Chinchwad Municipal Corporation (PCMC) and the police will be part of the executive group.

The projects comprise a 64 km underground tunnel network across five corridors to decongest arterial roads, a 36 km High Capacity Mass Transit Route (HCMTR) ring corridor to feed radial roads and the Metro network, and an 86 km Pune Inner Ring Road proposed by the PMRDA to improve regional connectivity. The ring corridor is intended to decentralise traffic and strengthen public transport, while the tunnel network aims to relieve pressure on the existing road grid. The high level committee will steer execution and financial arrangements, supported by the executive committee for administrative processes.

The government noted that Pune is among India’s fastest growing cities and has emerged as a hub for education, healthcare, information technology, industry, research and services. It said nearly 25 per cent of the country’s Global Capability Centres are located in the Pune Metropolitan Region, driving employment and investment. Rapid urbanisation, a rising population and increasing vehicle ownership have strained transport infrastructure, with roads accounting for about nine per cent of the city’s area and a need for an integrated urban mobility system to develop Pune as a Pune Metropolitan Region Growth Hub.

"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 Maharashtra government has formed a high level committee chaired by Chief Minister Devendra Fadnavis to fast track three major road infrastructure projects in Pune. The move responds to concerns that the city’s road network is inadequate amid rapid urbanisation and strong economic growth. The committee includes senior state officials, elected representatives and the municipal commissioners of Pune and Pimpri Chinchwad, while an executive committee led by the Pune Municipal Commissioner will manage day to day administration. The committees are to ensure coordination between departments, smooth land acquisition, mobilisation of funds and oversight of financial management and project tracking. The high level panel will take policy and financing decisions and the executive committee will handle routine implementation and inter agency coordination. Officials from the Pune Metropolitan Region Development Authority (PMRDA), Pimpri Chinchwad Municipal Corporation (PCMC) and the police will be part of the executive group. The projects comprise a 64 km underground tunnel network across five corridors to decongest arterial roads, a 36 km High Capacity Mass Transit Route (HCMTR) ring corridor to feed radial roads and the Metro network, and an 86 km Pune Inner Ring Road proposed by the PMRDA to improve regional connectivity. The ring corridor is intended to decentralise traffic and strengthen public transport, while the tunnel network aims to relieve pressure on the existing road grid. The high level committee will steer execution and financial arrangements, supported by the executive committee for administrative processes. The government noted that Pune is among India’s fastest growing cities and has emerged as a hub for education, healthcare, information technology, industry, research and services. It said nearly 25 per cent of the country’s Global Capability Centres are located in the Pune Metropolitan Region, driving employment and investment. Rapid urbanisation, a rising population and increasing vehicle ownership have strained transport infrastructure, with roads accounting for about nine per cent of the city’s area and a need for an integrated urban mobility system to develop Pune as a Pune Metropolitan Region Growth Hub.

Real Estate

16 Jul 2026

VeARC leases 27,000 sq ft office space in Bengaluru

VeARC India has leased approximately 27,000 sq ft of office space at The Executive Centre's (TEC) Helios Business Park on Outer Ring Road (ORR), Bengaluru, to support the expansion of its Global Capability Centre (GCC) operations.The new workspace accommodates more than 450 workstations and is intended to support the company's growing workforce in India. VeARC India serves as the Global Capability Centre for Long Arc Capital.Located on Bengaluru's Outer Ring Road, the office provides access to one of the city's key technology and business corridors. The expansion comes amid continued growth in..

Real Estate

16 Jul 2026

Bharat Shah Family Buys Four Luxury Apartments In Worli For Rs1.8 bn

The family of veteran investor Bharat Shah has acquired four ultra-luxury apartments on the higher floors of Kalpataru One in Worli, South Mumbai, for Rs1.8 billion (bn). The purchases were registered on 6 July 2026 and were executed through Preeti Bharat Shah and Kinnari Bharat Shah, who bought the flats from Kalpataru Properties Limited. Property registration documents reviewed by Zapkey show the total consideration at Rs1.7941 billion. The transactions recorded a per square foot RERA carpet price of Rs0.101 million (mn), with each apartment valued at about Rs448.5 million. The four residenc..

Infrastructure Urban

16 Jul 2026

NITI Aayog Consultation On Critical Mineral Supply Chains

NITI Aayog convened a stakeholder consultation in New Delhi on Wednesday to assess requirements for critical minerals across strategic sectors, bringing together experts from government, research institutions, academia and industry. The meeting aimed to estimate current and future demand, identify supply chain vulnerabilities and discuss measures to strengthen domestic capabilities in exploration, processing and recycling. The exercise formed part of broader efforts to secure mineral value chains essential for economic growth, technological advancement and national security.\n\nDiscussions con..