NHAI to bear 80% land acquisition cost of Pune鈥檚 ring road

08 Sep 2022 CW Team

The National Highways Authority of India (NHAI) has decided to bear major part of land acquisition cost of proposed Pune鈥檚 170-km ring road connecting highways passing through the city and diverting heavy traffic out of city.

NHAI has appealed to the Maharashtra government that as the land acquisition cost in Maharashtra is high, it will bear 80% cost of the land and the latter should share the remaining 10%.

As per the Maharashtra government鈥檚 rule, owners are getting five times more compensation than the land鈥檚 cost given for government projects. As per NHAI policy, the land cost is capped at four times.

Union minister of road transport and highways (MoRTH) Nitin Gadkari said, 鈥淎s Pune鈥檚 ring road is connecting various highways, including Satara road, Solapur, Ahmednagar road, Nashik road and Pune-Mumbai expressway, it will help traffic coming from other cities to reach destination without passing through Pune city. While NHAI has decided to bear the land acquisition cost for Pune鈥檚 ring road project, the state should bear the additional expense.鈥�

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