MSRDC Realigns Pune Ring Road, Saves Rs 8 Bn
ROADS & HIGHWAYS

MSRDC Realigns Pune Ring Road, Saves Rs 8 Bn

 The Maharashtra State Road Development Corporation (MSRDC) has revised the alignment of the Pune Ring Road near Kasar Amboli village, resulting in a projected cost saving of approximately Rs 8 billion. This decision was made to avoid the demolition of over 300 residential units, which would have necessitated significant compensation payouts.

The original route of the Pune Ring Road intersected a substantial housing project in Kasar Amboli. Residents of this development demanded compensation amounts up to four times the market value of their properties, leading to potential expenses nearing Rs 8 billion. To circumvent these costs and potential legal challenges, MSRDC proposed an alternative alignment that bypasses the residential area.

This realignment is part of the broader 138 km Pune Ring Road project, designed to enhance connectivity and alleviate traffic congestion in Pune and Pimpri-Chinchwad. The project is divided into two phases: the eastern segment spans 74.08 km from Urse to Shivare, while the western segment covers 64.45 km, connecting Shivare back to Urse. The total estimated cost of the project is Rs 158.57 billion.

MSRDC aims to complete land acquisition by March 2025, with full operations scheduled to commence by September 2027. The revised alignment near Kasar Amboli is expected to facilitate smoother progress by minimizing legal disputes and reducing financial burdens.

 The Maharashtra State Road Development Corporation (MSRDC) has revised the alignment of the Pune Ring Road near Kasar Amboli village, resulting in a projected cost saving of approximately Rs 8 billion. This decision was made to avoid the demolition of over 300 residential units, which would have necessitated significant compensation payouts.The original route of the Pune Ring Road intersected a substantial housing project in Kasar Amboli. Residents of this development demanded compensation amounts up to four times the market value of their properties, leading to potential expenses nearing Rs 8 billion. To circumvent these costs and potential legal challenges, MSRDC proposed an alternative alignment that bypasses the residential area.This realignment is part of the broader 138 km Pune Ring Road project, designed to enhance connectivity and alleviate traffic congestion in Pune and Pimpri-Chinchwad. The project is divided into two phases: the eastern segment spans 74.08 km from Urse to Shivare, while the western segment covers 64.45 km, connecting Shivare back to Urse. The total estimated cost of the project is Rs 158.57 billion.MSRDC aims to complete land acquisition by March 2025, with full operations scheduled to commence by September 2027. The revised alignment near Kasar Amboli is expected to facilitate smoother progress by minimizing legal disputes and reducing financial burdens.

Next Story
Real Estate

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..

Next Story
Real Estate

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

Next Story
Infrastructure Urban

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement