Availability of funds for land acuisition would speed up the Pune ring road project.
170 km long Pune ring road would enable vehicles from different parts of the state to pass through the city without entering it.
Maharashtra state government has given in-principle approval for Rs 3,500 crore from the Housing and Urban Development Corporation (HUDCO) for land acquisition in Pune ring road project.
The 170 km long Pune ring road would enable vehicles from different parts of the state to pass through the city without entering its arterial roads, thus helping reduce traffic congestion.
It will be a six-lane express highway (with expandable provisions) with a vehicle speed limit of 120 kilometres per hour. The estimated construction cost (without including the land acquisition cost) is approximately Rs 17,412 crore.
As the work on the ring road project cannot begin till 80 per cent of land acquisition is complete, it is now estimated that with the availability of the funds would speed up the ring road project.
The Maharashtra State Road Development Corporation (MSRDC), which is executing this project, has started granting compensation to land owners and the first award of Rs 5.65 crore has been given for a 2.05-acre land, reports Hindustan Times.
MSRDC plans to complete the Pune Ring Road project by December 2025.
Alignment of Pune Ring Road
The project is divided in three packages i.e, Eastern Alignment (Part-1), Eastern Alignment (Part-2) and Western Alignment.
38.3 km long Eastern Alignment (Part-1) starts from Urse and ends at Solu. 66.5 km long Eastern Alignment (Part-2) starts from Solu and ends at Varve (Kelawade) near Satara highway.
The 68.8 km long Western Alignment starts from Urse Village and ends at Varve (Kelwade) on Satara road Via Parandwadi, Paud road, Mula road, Mutha road.