Outer ring road seeks a funding injection of ₹6,000 crore
The Maharashtra State Road Development Corporation (MSRDC) is seeking a ₹6,000 crore boost from the state government to expedite the 136.8km outer ring road project in Pune. Divided into eastern and western sections, progress is notable in the western phase (50% land acquired) compared to the eastern (22% land acquired). MSRDC is optimistic about receiving funds in the first two months of the next year to meet the ₹11,000 crore allocated for land acquisition. The overall project, costing ₹15,857 crore, with an ambitious completion target set at 30 months from the commencement of actual work. Once completed, the outer ring road will redirect traffic, particularly heavy vehicles, away from the city's core.
Similar News
Monsoon Deluge Exposes PMC Road Repair Failures
28 Sep 2023
Amnesty Scheme to Reduce Stamp Duty Deficit
02 Dec 2023
Historic Bhide Wada Set for Redevelopment by PMC
06 Dec 2023
PMC Approved Bus Bay on Nagar Road
12 Dec 2023
PMC Phased Approach to Repair 40 Aging Bridges
08 Jan 2024
Long Weekend से Pune-Satara Highway पर लगा लंबा!
27 Jan 2024
आखिर कब Open होगा Pune Airport का New Terminal?
06 Feb 2024
Pune Areas to Experience Water Shortage Tomorrow
07 Feb 2024
PMC demolishes 29 Hilltop Properties
09 Feb 2024
PMC under scrutiny for repeated budget inflation
03 Apr 2024
Pune Battle Against Rising Garbage-Related Fires
08 Apr 2024
IMD Warns Dry Conditions Challenge 125 Districts
19 Apr 2024
Residents Sweat Through Frequent Power Outages
28 Apr 2024
BSI to Open New Botanical Garden in Mundhwa
27 Aug 2024
