+
Pune ring road project nears completion
ROADS & HIGHWAYS

Pune ring road project nears completion

The Pune Metropolitan Region Development Authority (PMRDA) is making significant progress in the development of Pune's infrastructure with the nearing completion of the comprehensive project report for the ring road. This marks a major milestone in the city's infrastructure development.

The proposed ring road has a total length of 128 kilometers and will feature fifteen flyovers, two railway flyovers, and five tunnels. PMRDA has submitted land acquisition proposals for the initial five-kilometer stretch between Solu, Nirgudi, and Vadgaon Shinde near Lohegaon to the district administration, indicating progress in the first phase of the project.

Ramdas Jagtap, the Public Relations Officer and Deputy Collector of PMRDA, stated that the detailed project report (DPR) for the ring road is in its final stage. He mentioned that the initial phase will prioritise the five-kilometer stretch between Solu and Vadgaon Shinde, and land acquisition proposals for this segment have been submitted to the district administration. The revised cost of the ring road has also been recently approved.

However, the land acquisition process is expected to face challenges, particularly due to existing constructions along the proposed route. These obstacles, along with other factors, may lead to an increase in project costs. PMRDA acknowledges the opposition to the ring road and the government's reluctance to provide funding.

The presence of the existing 'MSRDC' ring road, located approximately 15 kilometers away from the proposed ring road and spanning 110 meters in width, has led to a decision to reduce the width of the new road.

PMRDA has obtained state government approval to construct a 65-meter wide ring road and has appointed a consulting company to prepare the project report. The survey work and report preparation are now in the final stages, according to PMRDA.

Key aspects of the proposed ring road include:
- Eight phases of construction
- Fifteen flyovers, two railway flyovers, and five tunnels
- Total length of 128 kilometers, with PMRDA responsible for approximately 88 kilometers and the remaining 40 kilometers falling under MSRDC's jurisdiction
- The Municipal Corporation will oversee the construction of the 5.70-kilometer stretch passing through its jurisdiction.

The first phase of development will focus on the five-kilometer stretch between Solu and Vadgaon Shinde. Land acquisition proposals for this segment have been prepared and forwarded to the District Collector for approval. PMRDA intends to promptly initiate the land acquisition process for this area.

The recent approval of PMRDA's budget by the Maharashtra state government also includes the endorsement of the ring road improvement expenditure, totaling around Rs 140 billion. A significant portion of this budget, approximately Rs 58 billion, is expected to be allocated for land acquisition.

The Pune Metropolitan Region Development Authority (PMRDA) is making significant progress in the development of Pune's infrastructure with the nearing completion of the comprehensive project report for the ring road. This marks a major milestone in the city's infrastructure development. The proposed ring road has a total length of 128 kilometers and will feature fifteen flyovers, two railway flyovers, and five tunnels. PMRDA has submitted land acquisition proposals for the initial five-kilometer stretch between Solu, Nirgudi, and Vadgaon Shinde near Lohegaon to the district administration, indicating progress in the first phase of the project. Ramdas Jagtap, the Public Relations Officer and Deputy Collector of PMRDA, stated that the detailed project report (DPR) for the ring road is in its final stage. He mentioned that the initial phase will prioritise the five-kilometer stretch between Solu and Vadgaon Shinde, and land acquisition proposals for this segment have been submitted to the district administration. The revised cost of the ring road has also been recently approved. However, the land acquisition process is expected to face challenges, particularly due to existing constructions along the proposed route. These obstacles, along with other factors, may lead to an increase in project costs. PMRDA acknowledges the opposition to the ring road and the government's reluctance to provide funding. The presence of the existing 'MSRDC' ring road, located approximately 15 kilometers away from the proposed ring road and spanning 110 meters in width, has led to a decision to reduce the width of the new road. PMRDA has obtained state government approval to construct a 65-meter wide ring road and has appointed a consulting company to prepare the project report. The survey work and report preparation are now in the final stages, according to PMRDA. Key aspects of the proposed ring road include: - Eight phases of construction - Fifteen flyovers, two railway flyovers, and five tunnels - Total length of 128 kilometers, with PMRDA responsible for approximately 88 kilometers and the remaining 40 kilometers falling under MSRDC's jurisdiction - The Municipal Corporation will oversee the construction of the 5.70-kilometer stretch passing through its jurisdiction. The first phase of development will focus on the five-kilometer stretch between Solu and Vadgaon Shinde. Land acquisition proposals for this segment have been prepared and forwarded to the District Collector for approval. PMRDA intends to promptly initiate the land acquisition process for this area. The recent approval of PMRDA's budget by the Maharashtra state government also includes the endorsement of the ring road improvement expenditure, totaling around Rs 140 billion. A significant portion of this budget, approximately Rs 58 billion, is expected to be allocated for land acquisition.

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Next Story
Infrastructure Energy

SC Allows State Tax on Mines, Minerals

Opposition leaders have welcomed the Supreme Court's recent decision permitting states to levy taxes on mines and mineral-bearing lands, as reported. The ruling is seen as a significant victory for state governments seeking greater control and revenue from natural resource extraction within their jurisdictions. The Supreme Court?s decision empowers states to impose taxes on mining operations and mineral-rich lands, which could enhance their revenue streams and enable better management of local resources. This move is particularly important for states with substantial mineral resources, as it a..

Talk to us?