HomeLatestPune District Seeks ₹500 Crore for Ring Road Land Acquisition Completion

Pune District Seeks ₹500 Crore for Ring Road Land Acquisition Completion

The Pune district administration is seeking ₹500 crore from the Maharashtra State Road Development Corporation (MSRDC) to complete land acquisition for the much-anticipated Outer Ring Road project. With nearly 90% of the land required for the project already acquired, the administration is looking to secure the remaining 206 hectares across eastern and western Pune to finalise the project’s land acquisition phase. The Outer Ring Road is expected to significantly ease traffic congestion across Pune, a growing metropolis grappling with severe roadblock issues due to rapid urbanisation and increasing vehicle numbers.

To expedite the process, landowners in the remaining acquisition areas have been asked to consent to the acquisition by December 15, 2024. Those who comply within the stipulated time frame will be compensated with 25% of the total value. However, if they fail to give their consent by the deadline, the remaining land will be acquired forcibly, with compensation set at four times the market value. The project, which spans a total of 1,740 hectares, is crucial for addressing Pune’s traffic bottlenecks and supporting the city’s future growth.

The land to be acquired is spread across 47 villages in the eastern part and 36 villages in the western part of the city. According to the district administration, as of now, 1,300 hectares have been successfully acquired, leaving 206 hectares still pending. Key areas in talukas such as Purandar, Bhor, Haveli, Mulshi, Maval, Khed, and others are yet to be cleared. These lands are integral to the completion of the ring road that will enhance connectivity between Pune’s peripheral regions and key commercial zones like Hinjawadi and PCMC.

In terms of sustainability, the project promises not only to ease daily commutes and reduce pollution but also to contribute to the long-term development of Pune. With increased connectivity, the Outer Ring Road is expected to shift traffic away from the congested city centre, resulting in fewer emissions and better air quality in urban areas. Furthermore, the land acquisition process itself is designed with respect for fair compensation and community consultation, ensuring that the benefits are maximised for the residents and the environment.

 

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