+
PMC awaits funds from state to execute infra projects
ROADS & HIGHWAYS

PMC awaits funds from state to execute infra projects

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

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

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?