Maharashtra govt commits Rs 300 cr for Nashik outer ring road
ROADS & HIGHWAYS

Maharashtra govt commits Rs 300 cr for Nashik outer ring road

The Maharashtra government has assured the Nashik Municipal Corporation (NMC) that it will provide Rs 300 crore for the construction of a 25 km outer ring road on the city's outskirts, according to municipal commissioner Kailas Jadhav.

The proposed outer ring road, which will be 24 m wide, will help to relieve traffic congestion in central city areas and allow for smooth vehicle movement on the outskirts. Jadhav told the media that he discussed the proposal with Eknath Shinde, the state's urban development minister, who promised to fund the outer ring road project.

According to Jadhav, the city's rapid growth requires the construction of an outer ring road to improve connectivity with the surrounding areas.

Jadhav said that since traffic will be diverted through the outer ring roads, the proposed ring road will alleviate traffic congestion in the central city.The road will start in Adgaon and lead to other areas on the outskirts of the city.

The NMC administration has already issued a separate Expression of Interest (Eol) for joint ventures (JV) to develop an IT Park and a logistic park in the city, where the landowners have a minimum of 50 acres of land.

Within a one km radius on both sides of the proposed Surat-Chennai highway, the Logistic Park will be built. Mayor Satish Kulkarni, who recently approved the project during the NMC's general body meeting, is the brains behind the proposed IT park.

The proposed IT Park will be built on 15 acres in the Adgaon area of the city, according to the civic body.

Image Source

The Maharashtra government has assured the Nashik Municipal Corporation (NMC) that it will provide Rs 300 crore for the construction of a 25 km outer ring road on the city's outskirts, according to municipal commissioner Kailas Jadhav. The proposed outer ring road, which will be 24 m wide, will help to relieve traffic congestion in central city areas and allow for smooth vehicle movement on the outskirts. Jadhav told the media that he discussed the proposal with Eknath Shinde, the state's urban development minister, who promised to fund the outer ring road project. According to Jadhav, the city's rapid growth requires the construction of an outer ring road to improve connectivity with the surrounding areas. Jadhav said that since traffic will be diverted through the outer ring roads, the proposed ring road will alleviate traffic congestion in the central city.The road will start in Adgaon and lead to other areas on the outskirts of the city. The NMC administration has already issued a separate Expression of Interest (Eol) for joint ventures (JV) to develop an IT Park and a logistic park in the city, where the landowners have a minimum of 50 acres of land. Within a one km radius on both sides of the proposed Surat-Chennai highway, the Logistic Park will be built. Mayor Satish Kulkarni, who recently approved the project during the NMC's general body meeting, is the brains behind the proposed IT park. The proposed IT Park will be built on 15 acres in the Adgaon area of the city, according to the civic body. Image Source

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->