+
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

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?