+
MSRDC to monetize land parcels along Pune-Mumbai expressway
ROADS & HIGHWAYS

MSRDC to monetize land parcels along Pune-Mumbai expressway

In a strategic move to fund major infrastructure projects, the Maharashtra State Road Development Corporation (MSRDC) is set to monetize its land parcels along the Pune-Mumbai expressway. A senior MSRDC official disclosed to TOI that 24 specific land parcels along this vital expressway have been identified for this purpose, totaling an impressive 450 hectares.

The proceeds from leasing these lands will be directed towards financing significant infrastructure endeavors, including the Samruddhi expressway, Pune ring road, Virar-Alibaug multimodal corridor, and Jalna Nanded expressway, among others, according to the official.
Under this monetization plan, the land will be leased for an extended period of 99 years, providing a long-term funding solution for these ambitious projects. Radheshyam Mopalwar, Managing Director of MSRDC, emphasized that the plan is already in motion in Pune and Raigad districts, with the goal of putting unused MSRDC land parcels to productive use. "The land parcels of the MSRDC were lying vacant, so we have taken the decision to monetize our key projects," he explained.

A senior MSRDC official, actively engaged in the land acquisition process, revealed that a tender has been floated for the land parcel in Panel, and a similar initiative is in the works for Pune. This innovative approach to financing critical infrastructure projects is expected to unlock new avenues for development in the region while efficiently utilizing available resources.


In a strategic move to fund major infrastructure projects, the Maharashtra State Road Development Corporation (MSRDC) is set to monetize its land parcels along the Pune-Mumbai expressway. A senior MSRDC official disclosed to TOI that 24 specific land parcels along this vital expressway have been identified for this purpose, totaling an impressive 450 hectares.The proceeds from leasing these lands will be directed towards financing significant infrastructure endeavors, including the Samruddhi expressway, Pune ring road, Virar-Alibaug multimodal corridor, and Jalna Nanded expressway, among others, according to the official.Under this monetization plan, the land will be leased for an extended period of 99 years, providing a long-term funding solution for these ambitious projects. Radheshyam Mopalwar, Managing Director of MSRDC, emphasized that the plan is already in motion in Pune and Raigad districts, with the goal of putting unused MSRDC land parcels to productive use. The land parcels of the MSRDC were lying vacant, so we have taken the decision to monetize our key projects, he explained.A senior MSRDC official, actively engaged in the land acquisition process, revealed that a tender has been floated for the land parcel in Panel, and a similar initiative is in the works for Pune. This innovative approach to financing critical infrastructure projects is expected to unlock new avenues for development in the region while efficiently utilizing available resources.

Next Story
Infrastructure Urban

Jupiter Opens First EV Showroom in Hyderabad

Jupiter Electric Mobility Pvt Ltd (JEM), the electric commercial vehicle arm of Jupiter Wagons Ltd, has inaugurated its first showroom in New Bowenpally, Secunderabad, Hyderabad. The launch also marks the introduction of its 1.05-tonne four-wheeler electric light commercial vehicle (eLCV), JEM TEZ, to Telangana’s growing logistics and intra-city freight market. This expansion underscores JEM’s commitment to delivering purpose-built sustainable mobility solutions and accelerating the electrification of India’s logistics sector.The new showroom, operated by Arven Motors Pvt Ltd, offers cus..

Next Story
Infrastructure Energy

Premier Energies Launches 620W DCR Solar Modules in India

Premier Energies Limited, one of India’s largest integrated solar manufacturers, has launched its next-generation 620W DCR solar modules using G12R TOPCon technology, now among the most powerful large-format panels available in the country.The new modules, built with Tunnel Oxide Passivated Contact (TOPCon) architecture, deliver superior power density, improved temperature coefficients, and enhanced low-light performance. The rectangular G12R N-type cell design enables higher string power and balance-of-system optimisation, making the panels suitable for utility-scale projects as well as com..

Next Story
Infrastructure Energy

ONGC Starts Gas Sales from Rajasthan Chinnewala Tibba Block

Oil and Natural Gas Corporation Limited (ONGC) has commenced natural gas sales from the Discovered Small Field (DSF-II) Block RJ/ONDSF/Chinnewala/2018, marking the successful monetisation of the Chinnewala Tibba field in the Rajasthan Kutch Onland Exploratory Asset (RKOEA). Gas sales officially began on 25 August 2025.This development highlights ONGC’s commitment to boosting domestic energy production and strengthening India’s energy security under the guidance of the Ministry of Petroleum and Natural Gas. Located in western Rajasthan, close to the Indo-Pakistan border, the Chinnewala Tibb..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?