Pune: The Maharashtra State Road Development Corporation (MSRDC) has decided that the 70-kilometre long first phase of the ring road on the western side will be developed on a Built-Operate-Transfer (BOT) basis. The MSRDC has prepared a proposal for the same and it will be soon submitted to the infrastructure committee of the state government for approval.
The ring road project is a strategic project for the development of Pune, Pimpri-Chinchwad cities and the entire district. It was included in the regional development plan in 2007. The state government had approved the ring road plan developed by MSRDC in 2011.
The consultant company appointed for this project had suggested four options for land acquisition and road development work. It included Transfer Developmental Rights (TDR), Cash Compensation, Town Planning Scheme and Public-Private Partnership (PPP) model. But due to the COVID-19 crisis, the state government is under financial stress. Thus, in a meeting conducted last week it was decided that the consultant company should make a feasible financial model for road development.
Accordingly, the company has proposed that the road should be developed on BOT basis and toll fee should be charged from commuters. Now the MSRDC will forward this proposal to the state governments infrastructure committee, the official said.
The entire ring road proposed by MSRDC is 123 kilometres long. It goes through Shirur, Purandar, Haveli, Bhor, Velha and Mulshi taluka areas. A total of 2300 hectares of land will be required to complete this project. In the first phase, 70 kilometres of the road will be developed which passes through the western side of the city. The ring road starts from KhedShivapur and connects to the Pune-Mumbai Expressway. The land acquisition and road development cost from these areas is about Rs 10 crore. Since the road will be developed on BOT basis, commuters will have to pay to travel on it.