Pune Ring Road Cost Rises by Rs. 105.02 bn as Maharashtra Bills Mount
ROADS & HIGHWAYS

Pune Ring Road Cost Rises by Rs. 105.02 bn as Maharashtra Bills Mount

The Maharashtra government has approved an additional Rs. 105.02 bn for the Pune Ring Road after the National Highways Authority of India (NHAI) failed to take up a key stretch on a priority basis. The package will be transferred to the Maharashtra State Road Development Corporation (MSRDC), taking the project’s total estimated cost to Rs. 532.13 bn.

The Cabinet sub-committee on infrastructure approved the revised administrative sanction on August 18, 2026. The allocation covers civil works and land acquisition for the package previously assigned to the NHAI. The government said MSRDC was already incurring land acquisition expenses and that completing the stretch was necessary for the ring road to meet its intended objective.

The project cost had risen to Rs. 427.11 bn in 2024 after the state approved an escalation of Rs. 203.75 bn. The eastern stretch was initially estimated at Rs. 101.6 bn in September 2021, but its revised length increased from 68.19 km to 72.335 km and its estimated cost rose to Rs. 199.33 bn in 2024. The western stretch’s cost increased from Rs. 121.76 bn to Rs. 227.78 bn over the same period.

The ring road comprises eastern and western sections designed to reduce congestion around Pune. The eastern section links Urse on the Mumbai-Pune Expressway with Solu and Sortapwadi, while the western section runs from Urse to Varve Budruk on the Pune-Satara road. A 31.805-km section is also shared by the proposed Pune-Chhatrapati Sambhajinagar Greenfield Expressway and the eastern ring road.

The additional spending comes as Maharashtra faces competing financial commitments. Outstanding public debt is projected to reach Rs. 1.1 tn in 2026-27, while the revenue deficit is estimated at Rs. 405.52 bn. The state has also budgeted for welfare and agricultural support, including the Rs. 1,500 monthly Ladki Bahin payment, a farm loan waiver and Rs. 5,000 assistance per farmer in 304 tehsils. Its fiscal deficit is estimated at Rs. 1.5 tn, or 2.8 per cent of Gross State Domestic Product, with the revenue deficit at 0.7 per cent.

The Maharashtra government has approved an additional Rs. 105.02 bn for the Pune Ring Road after the National Highways Authority of India (NHAI) failed to take up a key stretch on a priority basis. The package will be transferred to the Maharashtra State Road Development Corporation (MSRDC), taking the project’s total estimated cost to Rs. 532.13 bn. The Cabinet sub-committee on infrastructure approved the revised administrative sanction on August 18, 2026. The allocation covers civil works and land acquisition for the package previously assigned to the NHAI. The government said MSRDC was already incurring land acquisition expenses and that completing the stretch was necessary for the ring road to meet its intended objective. The project cost had risen to Rs. 427.11 bn in 2024 after the state approved an escalation of Rs. 203.75 bn. The eastern stretch was initially estimated at Rs. 101.6 bn in September 2021, but its revised length increased from 68.19 km to 72.335 km and its estimated cost rose to Rs. 199.33 bn in 2024. The western stretch’s cost increased from Rs. 121.76 bn to Rs. 227.78 bn over the same period. The ring road comprises eastern and western sections designed to reduce congestion around Pune. The eastern section links Urse on the Mumbai-Pune Expressway with Solu and Sortapwadi, while the western section runs from Urse to Varve Budruk on the Pune-Satara road. A 31.805-km section is also shared by the proposed Pune-Chhatrapati Sambhajinagar Greenfield Expressway and the eastern ring road. The additional spending comes as Maharashtra faces competing financial commitments. Outstanding public debt is projected to reach Rs. 1.1 tn in 2026-27, while the revenue deficit is estimated at Rs. 405.52 bn. The state has also budgeted for welfare and agricultural support, including the Rs. 1,500 monthly Ladki Bahin payment, a farm loan waiver and Rs. 5,000 assistance per farmer in 304 tehsils. Its fiscal deficit is estimated at Rs. 1.5 tn, or 2.8 per cent of Gross State Domestic Product, with the revenue deficit at 0.7 per cent.

Related Stories

Gold Stories

Next Story
Real Estate

Landmark Group plans Rs 150 billion NCR expansion

Landmark Group has announced expansion plans across two real estate projects in the National Capital Region (NCR), with a combined estimated sales potential of Rs 150 billion. The projects include Landmark One, a 2.1 million sq ft corporate office development on Golf Course Extension Road in Gurugram, and a proposed integrated hospitality, commercial and residential development on Dwarka Expressway.Landmark One has an estimated sales value of Rs 40 billion. The project involves an estimated construction investment of Rs 10 billion, apart from the underlying land, currently valued at around Rs ..

Next Story
Real Estate

RMZ entities secure 5-Star ratings in GRESB 2026

RMZ has been recognised as a Global and Regional Sector Leader in the 2026 Global Real Estate Sustainability Benchmark (GRESB) Real Estate Development Assessment, with three of its entities scoring 99.6 out of 100. RMZ Nexus LLP, Millenia Realtors Private Limited and Infralogix LLP secured 5-Star ratings in their respective categories across the Office and Industrial sectors.In the 2026 Development Benchmark, RMZ Nexus LLP and Millenia Realtors Private Limited were named Sector Leaders in the Office and Office Non-Listed categories in Asia. Infralogix LLP received the distinction in the Indust..

Next Story
Products

Schneider Electric deploys smart building systems at Jupiter Hospitals

Schneider Electric has partnered with Jupiter Hospitals to deploy connected building technologies aimed at improving energy efficiency, patient comfort and operational performance across its hospital campus. The deployment of its EcoStruxure Building Operation platform and SpaceLogic thermostats is helping the hospital achieve energy savings of up to 28 per cent, according to the company.With heating, ventilation and air-conditioning (HVAC) systems accounting for nearly 60 per cent of the hospital's total energy consumption, improving efficiency while maintaining the conditions required for pa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code