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Pune Outer Ring Road gets Rs 10,519 cr budget allocation for land acquisition

Wednesday, 28 Feb 2024
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Maharashtra State Road Development Corporation (MSRDC) has been allocated Rs 10,519 crore for land acquisition for the Pune Outer Ring Road (ORR).

On 27 February, 2024, the allocation was presented by Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar in the interim budget. The Pune ORR is a six-lane connectivity corridor being developed by the MSRDC. Pune Divisional commissioner and land acquisition officials had set a deadline for completion of land acquisition by June this year.

The land is being acquired in two phases- western and eastern. Around 90 percent of the land has been acquired for the western phase, while land acquisition is yet to be commenced for the eastern phase. The proposed 136.80 km-long outer ring road will help to decongest Pune roads by diverting vehicles passing through the city.

Along with Pune ORR, an outlay of Rs 22,225 crore for land acquisition for the Virar-Alibag multimodal corridor, executed by MSRDC, also finds mention in the interim budget.

 
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