PMC Secures Rs.1.39 Bn for Katraj-Kondhwa Road Land Acquisition

05 Jul 2024 CW Team

The Pune Municipal Corporation (PMC) has finally secured ?1.39 billion for land acquisition for the much-anticipated Katraj-Kondhwa Road project. This funding marks a significant step forward in addressing the traffic congestion and improving connectivity in the area. The Katraj-Kondhwa Road project has been long delayed due to land acquisition issues, which have now been addressed with the sanctioned funds. The road is a crucial link that aims to decongest the city's traffic and provide a smoother transit route for commuters travelling between Katraj and Kondhwa. The funds will be utilised to acquire the necessary land parcels, enabling the expansion and development of the road. This will involve widening the existing road, constructing new lanes, and enhancing the overall infrastructure to handle the increasing traffic demands. PMC officials have expressed optimism about the progress of the project, highlighting that the allocated funds will expedite the land acquisition process. This development is expected to resolve one of the major bottlenecks that have hindered the project's timely completion. Local residents and commuters have long awaited the improvement of the Katraj-Kondhwa Road, as it plays a vital role in connecting several residential and commercial areas. The upgraded road will not only ease traffic congestion but also reduce travel time and enhance safety for motorists and pedestrians alike.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

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