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Maharashtra Government Approves 70 Acres for IIM Nagpur’s Pune CampusPune Ring Road Project Seeks Additional ₹1,220 Crore for Land Acquisition
The Pune Ring Road Project, a large infrastructure initiative aimed at decongesting Pune and Pimpri-Chinchwad, requires an additional ₹1,220 crore to finalise the land acquisition. The 169-kilometre road will provide smooth connectivity with national highways and divert heavy vehicles off city roads to enhance overall traffic flow.
To date, approximately 90% of the required land is in hand, with the western part virtually complete at 97% and the eastern part at 84%. The extra money is deemed critical to provide equitable compensation to landowners and avoid project time slippage.
Once built, the ring road should greatly improve connectivity, shorten travel times, and support the region's expanding infrastructure requirements. To maintain the momentum and see the project finished on time, the requested funds must be released in a timely manner.
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