Pune set for major urban infrastructure push as property market eyes mobility boost
Maharashtra Chief Minister Devendra Fadnavis has announced a comprehensive two-year infrastructure plan to improve mobility and urban livability in Pune. The initiative aims to address rapid urbanization challenges through new ring roads, tunnels, and mass transit routes.
Why it matters
Infrastructure development is critical for sustaining economic growth in rapidly expanding urban hubs like Pune.
Maharashtra chief minister Devendra Fadnavis on Friday said the state government has prepared a comprehensive plan to transform Pune and the wider Pune Metropolitan Region (PMR) over the next two years, with a focus on infrastructure and mobility.The announcement is significant for one of Maharashtra's fastest-growing urban and commercial markets, where rapid expansion has outpaced the development of supporting infrastructure.Pune's growth has outpaced infrastructure, says FadnavisSpeaking at the inauguration of the Magnum Ice Cream Company's Global Capability Centre (GCC) in Pune, Fadnavis acknowledged the infrastructure challenges facing Pune and the PMR.“It is true that the pace at which the entire Pune and the Pune Metropolitan Region (PMR) have expanded, somehow we could not keep the pace of infrastructure that matched its pace of urbanisation,” he said.According to the chief minister, a coordinated team comprising municipal commissioners, the district collector, the PMR commissioner and the Maharashtra Industrial Development Corporation (MIDC) CEO…
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