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NHAI to bear 80% land acquisition cost of Pune’s ring road
ROADS & HIGHWAYS

NHAI to bear 80% land acquisition cost of Pune’s ring road

The National Highways Authority of India (NHAI) has decided to bear major part of land acquisition cost of proposed Pune’s 170-km ring road connecting highways passing through the city and diverting heavy traffic out of city.

NHAI has appealed to the Maharashtra government that as the land acquisition cost in Maharashtra is high, it will bear 80% cost of the land and the latter should share the remaining 10%.

As per the Maharashtra government’s rule, owners are getting five times more compensation than the land’s cost given for government projects. As per NHAI policy, the land cost is capped at four times.

Union minister of road transport and highways (MoRTH) Nitin Gadkari said, “As Pune’s ring road is connecting various highways, including Satara road, Solapur, Ahmednagar road, Nashik road and Pune-Mumbai expressway, it will help traffic coming from other cities to reach destination without passing through Pune city. While NHAI has decided to bear the land acquisition cost for Pune’s ring road project, the state should bear the additional expense.”

Also read:
Government won't sponsor InvITs for road sector
NHAI, AITD sign MoU to promote R&D in highways


The National Highways Authority of India (NHAI) has decided to bear major part of land acquisition cost of proposed Pune’s 170-km ring road connecting highways passing through the city and diverting heavy traffic out of city. NHAI has appealed to the Maharashtra government that as the land acquisition cost in Maharashtra is high, it will bear 80% cost of the land and the latter should share the remaining 10%. As per the Maharashtra government’s rule, owners are getting five times more compensation than the land’s cost given for government projects. As per NHAI policy, the land cost is capped at four times. Union minister of road transport and highways (MoRTH) Nitin Gadkari said, “As Pune’s ring road is connecting various highways, including Satara road, Solapur, Ahmednagar road, Nashik road and Pune-Mumbai expressway, it will help traffic coming from other cities to reach destination without passing through Pune city. While NHAI has decided to bear the land acquisition cost for Pune’s ring road project, the state should bear the additional expense.” Also read: Government won't sponsor InvITs for road sectorNHAI, AITD sign MoU to promote R&D in highways

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