Maharashtra Allocates Rs 170 Billion For Key Land Acquisitions
ROADS & HIGHWAYS

Maharashtra Allocates Rs 170 Billion For Key Land Acquisitions

The Maharashtra government will release Rs 170 billion to speed up land purchases for nine major Maharashtra State Road Development Corporation schemes, including expressways and multimodal corridors. Chief Minister Devendra Fadnavis has ordered that all priority acquisitions finish by end-2025 to curb delays and cost overruns.

Acquisition for the Pune Ring Road and the Jalna–Nanded Expressway is nearing completion, while surveys are under way for the Virar–Alibaug multimodal corridor, the Shaktipeeth (Golden Triangle) Expressway, new Vidarbha highways and the Navgaon–Morgaon and Vadhwan–Samruddhi link roads.

The state has already sanctioned Rs 360 billion for land-related work: Rs 90 billion for Pune Ring Road, Rs 21.4 billion for Jalna–Nanded and Rs 220 billion for the Virar–Alibaug route. The new Rs 170 billion injection will be released in stages as acquisition progresses.

Mr Fadnavis told officials that any holdup would inflate costs and urged departments to avoid bureaucratic snags. Financing models—Public-Private Partnership or Build-Operate-Transfer—will be finalised only after land deals close.

On the Shaktipeeth Expressway, measurements are complete in 86 of 300 villages, with the remainder due by August. The route will link Nagpur, Mumbai and Goa, boosting both pilgrimage and trade traffic.

The finance department has been directed to disburse Rs 120 billion immediately, while the forest department must accelerate environmental clearances for ecologically sensitive stretches such as the Morbe–Karanja section of the Virar–Alibaug corridor.

Additional priorities include the Vadhwan–Igatpuri Expressway, several Vidarbha expressways (Bhandara–Gadchiroli, Nagpur–Chandrapur and Nagpur–Gondiya) and mineral and rail corridors at Navegaon–Surjagad and Wardha–Nanded.


The Maharashtra government will release Rs 170 billion to speed up land purchases for nine major Maharashtra State Road Development Corporation schemes, including expressways and multimodal corridors. Chief Minister Devendra Fadnavis has ordered that all priority acquisitions finish by end-2025 to curb delays and cost overruns.Acquisition for the Pune Ring Road and the Jalna–Nanded Expressway is nearing completion, while surveys are under way for the Virar–Alibaug multimodal corridor, the Shaktipeeth (Golden Triangle) Expressway, new Vidarbha highways and the Navgaon–Morgaon and Vadhwan–Samruddhi link roads.The state has already sanctioned Rs 360 billion for land-related work: Rs 90 billion for Pune Ring Road, Rs 21.4 billion for Jalna–Nanded and Rs 220 billion for the Virar–Alibaug route. The new Rs 170 billion injection will be released in stages as acquisition progresses.Mr Fadnavis told officials that any holdup would inflate costs and urged departments to avoid bureaucratic snags. Financing models—Public-Private Partnership or Build-Operate-Transfer—will be finalised only after land deals close.On the Shaktipeeth Expressway, measurements are complete in 86 of 300 villages, with the remainder due by August. The route will link Nagpur, Mumbai and Goa, boosting both pilgrimage and trade traffic.The finance department has been directed to disburse Rs 120 billion immediately, while the forest department must accelerate environmental clearances for ecologically sensitive stretches such as the Morbe–Karanja section of the Virar–Alibaug corridor.Additional priorities include the Vadhwan–Igatpuri Expressway, several Vidarbha expressways (Bhandara–Gadchiroli, Nagpur–Chandrapur and Nagpur–Gondiya) and mineral and rail corridors at Navegaon–Surjagad and Wardha–Nanded.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement