In a significant move aimed at mitigating the persistent traffic congestion in the Mohamadwadi area, the Pune Municipal Corporation (PMC) has initiated a tender process for the construction of three pivotal roads. This endeavor is part of a comprehensive urban development strategy that could witness the municipal corporation channeling Rs 1,008 crores into infrastructural upgrades over the next two decades. As per a feasibility report, these projects hold the potential to yield Rs 3,000 crores through construction charges and property tax revenues.
Public-Private Partnership Model for Road Development In light of the complex challenges associated with land acquisition, the municipal administration has opted for a Public-Private Partnership (PPP) model. The ambitious roadmap encompasses the transformation of 18 roads and the construction of two bridges, spanning various localities, including Kharadi, Bund Garden, Kalyani Nagar, Mundhwa, Baner, Sus, Mhalunge, Bibvewadi, Gangadham, Kondhwa, and Mohamadwadi. An estimated sum of Rs 717 crores has been earmarked for these ventures, some of which have already been set in motion.
Insights into Mohamadwadi’s Road Projects The Mohamadwadi segment of this expansive project comprises three crucial roads with a combined estimated cost of Rs 117.76 crores. The contractor is poised to recover this investment through diverse means, including property tax credits and construction development charges. Additionally, land acquisition for these roads falls under the contractor’s purview.
- Mohamadwadi to Ramtekdi Industrial Estate
- Width: 30 meters
- Length: 2200 meters
- Expected Income: Rs 2,204 crores
- Infrastructure Expenditure: Rs 751 crores
- Municipal Benefit: Rs 1,454 crores
- Mohamadwadi Survey No. 1 to 4, 96, 57 to 59
- Width: 24 meters
- Length: 1524 meters
- Expected Income: Rs 593 crores
- Infrastructure Expenditure: Rs 177 crores
- Municipal Benefit: Rs 415 crores
- Mohamadwadi Survey No. 12, 13, 30, 32, 57
- Width: 18 meters
- Length: 973 meters
- Expected Income: Rs 269 crores
- Infrastructure Expenditure: Rs 80 crores
- Municipal Benefit: Rs 189 crores
Amar Shinde, Executive Engineer of the Roads Department, elaborated, “The municipal administration has adopted the policy of developing roads on a PPP basis. Under that, a tender has been issued for three roads to smoothen the traffic in Mohamadwadi.”
