Pune Ring Road Project Receives Budget Approval

The Pune Ring Road project, aimed at alleviating traffic and pollution, has faced significant delays since its announcement in 2016, with costs surging from Rs 20,000 crore to over Rs 42,000 crore due to land acquisition issues and rising material prices. The Maharashtra cabinet recently approved an additional Rs 20,375.21 crore to kickstart construction, which is expected to begin by the end of the year after the tendering process is completed. The project is divided into eastern and western segments, with significant cost increases for both. Meanwhile, the Bengaluru-Chennai Expressway is nearing completion, promising a four-hour travel time between the two cities and reducing the distance from 350 km to 260 km. This expressway, South India's first greenfield access-controlled route, is designed for a speed of 120 km/h and aims to enhance logistics and connectivity in the region. Finally, the Maharashtra State Road Improvement Project Phase-III, funded by the Asian Development Bank, will develop 1,480 km of roads across 24 districts, contributing to improved connectivity and economic growth in Vidarbha and other regions.