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For every city to prosper, infrastructure is important. While Pune is already quite developed and surrounded by beautiful landscapes, the Pune Ring Road is likely to take it to another level.
The Pune Ring Road is an infrastructure project designed to encircle Pune, offering smoother access to and from the city’s rapidly expanding areas while reducing traffic congestion. Stretching over 170 km and connecting all major expressways around Pune, this ring road is set to transform the Pune city map, making navigation and travel more efficient for residents and visitors.
In this article, we will cover everything you need to know about this exact project.
The 170 km-long Pune Ring Road is looked after by the Maharashtra State Road Development Corporation (MSRDC) and Pune Metropolitan Region Development Authority (PMRDA).
Once completed, it will interconnect several major highways including the Pune-Nashik, Mumbai-Pune-Solapur, Pune-Ahmednagar, and Pune-Satara highways. The road aims to increase connectivity by linking different villages and controlling the city’s outbound traffic.
With an ambitious completion target set for 2026, the project is divided into four phases.
Let’s get into some details now.
The Pune Ring Road will pass through 83 villages, enhancing the connectivity of these areas to the main city and major highways. This includes some of the fastest-growing suburban areas such as Pimpri-Chinchwad, Pirangut, Sivapur, and Lonikand.
The road will connect 6 main national highways: NH 48 (Pune-Bengaluru and Pune-Mumbai Highways), NH 65 (Pune-Solapur Highway), NH 60 (Pune-Nashik Highway), NH 965 (Pune-Sashwad Palkhi Marg), and NH 753F (Pune-Ahmednagar Highway). This strategic linkage is expected to reduce traffic congestion and promote smoother travel.
The Pune Ring Road will feature a six-lane stretch that includes:
The project spans a budget of Rs 26,000 crores, with significant allocations for different phases and components. This includes Rs 11,000 crores specifically earmarked for land acquisition.
The project will utilise 25 hectares of privately held property and 48 hectares of government-owned land.
The road’s alignment is divided into three sections for better execution and management: Eastern Alignment (Part-1) from Urse to Soli, Eastern Alignment (Part-2) from Solu to Varve (Kelawade), and Western Alignment from Urse to Varve.
This division helps in the systematic construction and maintenance of the road.
The construction of the Pune Ring Road is expected to drive the growth of new townships and commercial hubs around these areas, which will help the local economy and real estate sector. By connecting taluks such as Khed, Haveli, Purandhar, Bhor, Mulshi, and Maval, the road will also play a crucial role in the rural-urban integration of Pune.
Here are the detailed specifications of this ambitious project:
The Pune Ring Road project is set to significantly influence the real estate landscape in Pune by increasing connectivity and infrastructure. Here’s a detailed look at how this Ring Road project is expected to impact Pune’s real estate sector:
The Pune Ring Road will introduce more housing options, particularly in the peripheral areas of Pune, which are expected to see a rise in residential projects.
By offering more affordable housing choices, the Ring Road is likely to reduce the prices in premium areas such as Viman Nagar, Kalyani Nagar, and Koregaon Park, making them more accessible to a broader audience.
Approximately 15 new townships are planned along the 32 km-long Phase 1 of the Pune Ring Road, covering around 700 acres. This development will increase residential choices for individuals in Pune.
The construction of the Ring Road is projected to generate over ₹10,000 crore in the next 4-5 years, fostering economic growth and development in the region.
New commercial zones and improved connectivity are expected to lead to value appreciation in real estate properties along the Pune Ring Road, benefiting investors and residents.
The ambitious Pune Ring Road project will increase connectivity for the city and add to the overall natural development. The project is likely to be completed by December 2026 and will connect major highways with Pune.
As the Pune Ring Road progresses toward its completion, it is not just the city’s map that will be redrawn, but also the way of living. If you are looking to be a part of Pune’s bright future by buying a residential property, now is a good opportunity. You can explore housing options on OLX. OLX has a wide range of house listings that can help you match your dream house with ease and convenience.
A: The Pune Ring Road is a 170 km-long infrastructure project designed to encircle Pune, connecting major highways and improving city connectivity.
A: The project is overseen by the Maharashtra State Road Development Corporation (MSRDC) and Pune Metropolitan Region Development Authority (PMRDA).
A: The project is targeted for completion by December 2026.
A: The Pune Ring Road is expected to increase connectivity, drive the growth of new townships, and promote real estate development, leading to value appreciation and more housing options.