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CM approves ₹4,628 crore budget for PMRDA
Pune's CM approved a ₹4,628.85 crore budget for infrastructure in 2026-27, focusing on major projects like metro expansion and the Katraj-Yerawada tunnel.
In a major push for infrastructure in the Pune Metropolitan Region (PMR), chief minister (CM) and chairman, Pune Metropolitan Region Development Authority (PMRDA), Devendra Fadnavis, on Monday approved a ₹4,628.85 crore budget for the PMRDA for the financial year 2026-27.
Metropolitan commissioner Abhijit Chaudhari presented the budget, which includes revised estimates for 2025-26 and projections for 2026-27. The total expected revenue and capital receipts stand at ₹4,628.85 crore while the total expenditure is estimated at ₹4,625.30 crore.
A major share of the budget— ₹2,918.81 crore—has been allocated to the engineering department for infrastructure and development works including metro expansion, road development, the Katraj-Yerawada twin tunnel, Ring Road, Lonavala skywalk, Pawna-Indrayani river improvement project, urban growth clusters, roads under the CM package, tourism routes, and housing projects.
An amount of ₹970.76 crore has been earmarked for the land and property department. The overall budget shows a surplus of ₹3.55 crore.
A separate fire fund provision has also been made, with expected receipts of ₹100.05 crore and expenditure of ₹71.04 crore in 2026-27.
Fadnavis said that a separate special purpose vehicle (SPV) should be set up for the Katraj-Yerawada twin tunnel project. He asked the Pune Municipal Corporation (PMC) to take the lead, with joint coordination between the PMRDA and PMC. Presiding over the 14th PMRDA meeting at Sahyadri Guest House in Mumbai, the CM issued a strict, six-month deadline for the PMRDA to draft a structural development plan for the villages within its limits.
“A separate SPV should be created for the Katraj-Yerawada twin tunnel project. The PMC should take the lead on this, and both the PMRDA and PMC should work together on the execution. The PMRDA must prepare a structural plan for the villages under its jurisdiction within six months. Additionally, a development plan for the 23 villages merged with the PMC should be drafted,” Fadnavis said.
Key projects including the Purandar airport were discussed. In a decision aimed at faster public services, the PMRDA approved a proposal to delegate routine land disposal powers directly to the metropolitan commissioner.
Earlier, the Pimpri-Chinchwad New Town Development Authority was merged with the PMRDA in June 2021, bringing the former’s assets and liabilities under the PMRDA. To simplify processes under the Maharashtra Right to Public Services Act, 2015, the approval to delegate powers under the Land Disposal Regulations, 2023, will help speed up plot allotment, transfers, inheritance entries, and issuance of no-objection certificates (NOCs). The PMRDA also granted retrospective approval to powers exercised since June 2021.
The meeting was attended by deputy chief minister Eknath Shinde, senior officials, and civic representatives. Some officials joined via video conferencing.
