PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact

PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact

PMC’s standing committee approved Rs 3,722 crore for land acquisition for two major infrastructure projects — Rs 2,634 crore for the HCMTR and Rs 1,088 crore for the inner ring road.(AI-image used)

PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact

Around 4.98 lakh sqm of land is required for the 35-km-long, six-lane elevated HCMTR. The route will pass through 15 key areas and 34 junctions across Pune. (AI-image used) The HCMTR will pass through Bopodi, Aundh, Bhamburda, Erandwane, Kothrud, Hingne, Parvati, Wanowrie, Hadapsar, Mundhwa, Wadgaonsheri, Lohegaon, Yerawada and Dhanori. The PMC will bear the full financial burden of land acquisition, with the two projects together requiring a potential expenditure of Rs 3,722.50 crore for the land alone. (AI-image used) Around 7.23 lakh sqm of land has been identified for the inner ring road across Wadachiwadi, Pisoli, Yevlewadi, Gujar Nimbalkarwadi, Mangdewadi, Bhilarewadi, Ambegaon Khurd and Jambhulwadi. (AI-image used) The civic administration has started exploring various options to raise funds needed for land acquisition.

Joint meetings between PMC and the district administration have also been held over the past month. (AI-image used) PMC officials said formal land acquisition proposals have been submitted to the district administration. The civic body must deposit the full compensation amount when the final land award is made.(AI-image used)

PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact
PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact
PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact
PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact
PMC’s standing committee approved Rs 3,722 crore for land: The wider industry impact

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