PMC awaits funds from state to execute infra projects

10 May 2023 CW Team

The Pune Municipal Corporation (PMC), which has undertaken several infrastructure development projects in the city, has been waiting for state government assistance for months, despite assurances from deputy chief minister Devendra Fadnavis.

PMC has planned several flyovers, underpasses, and road projects worth over 2,000 crore in the city. Due to the high project and land acquisition costs, the civic body requested financial assistance from the state government.

Fadnavis, who is also the finance minister, promised state funding for several projects in January.

"PMC has asked state for financial help to execute various projects," said Fadnavis, who was in the city to inaugurate the flyover at Golf Club Chowk in Yerwada. The total cost of these projects is ₹2,000 crore. The state government will bear 60 per cent cost, while the civic body will have to contribute 40 per cent.”

Fadnavis also directed PMC to submit project details to the state government. PMC additional commissioner Vikas Dhakne confirmed that the civic body has submitted a proposal for the same.

"We have asked for financial assistance for 15 flyovers and underground projects, including land acquisition costs for Katraj-Kondhwa and Shivane Kharadi Road," said VG Kulkarni, head of PMC's road department. However, we have received no response from the state government."

Recently, Pune district guardian minister Chandrakant Patil assured the civic body of the required funds.

Also Read
Rs 50 billion to be raised via bonds after NLC’s board approval
Tangedco geared up to bid for coal mines in Kankili, Odisha

Real Estate

06 Feb 2026

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..