Pune Metropolitan Region Development Authority Receives ₹4,628 Crore Budget Approval
CM approves ₹4,628 crore budget for PMRDA
Hindustan Times
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The Chief Minister of Maharashtra, Devendra Fadnavis, approved a budget of ₹4,628.85 crore for the Pune Metropolitan Region Development Authority (PMRDA) for the financial year 2026-27. This budget focuses on infrastructure development, including metro expansion and road projects, with a surplus of ₹3.55 crore.
- 01The approved budget for PMRDA is ₹4,628.85 crore for the 2026-27 financial year.
- 02Major allocations include ₹2,918.81 crore for infrastructure projects and ₹970.76 crore for land and property.
- 03A special purpose vehicle (SPV) will be established for the Katraj-Yerawada twin tunnel project.
- 04The PMRDA is tasked with drafting a structural development plan for villages within its jurisdiction within six months.
- 05Delegation of land disposal powers to the metropolitan commissioner aims to expedite public service processes.
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In a significant move to enhance infrastructure in the Pune Metropolitan Region, Chief Minister Devendra Fadnavis approved a budget of ₹4,628.85 crore for the Pune Metropolitan Region Development Authority (PMRDA) for the financial year 2026-27. The budget, presented by Metropolitan Commissioner Abhijit Chaudhari, includes revised estimates for 2025-26 and anticipates total revenue and capital receipts of ₹4,628.85 crore against an estimated expenditure of ₹4,625.30 crore, resulting in a surplus of ₹3.55 crore. A substantial portion of the budget, ₹2,918.81 crore, is allocated for engineering and infrastructure projects, which encompass metro expansion, road development, and the Katraj-Yerawada twin tunnel. Additionally, ₹970.76 crore is designated for the land and property department. Fadnavis emphasized the need for a special purpose vehicle for the twin tunnel project and set a six-month deadline for the PMRDA to draft a structural development plan for local villages. The meeting also addressed the delegation of land disposal powers to streamline public service processes.
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This budget approval will significantly enhance infrastructure in the Pune Metropolitan Region, improving transportation and public services for residents.
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