Prasad Residency Pimpri, Pune

Pune-Nashik Highway Project: Land Acquisition to be Fast-Tracked for ₹7,827-Crore Elevated Corridor

MLA Mahesh Landge has directed officials to expedite land acquisition for the Pune-Nashik Highway widening and elevated corridor project. The ₹7,827 crore project includes a 30-km, eight-lane elevated corridor and widening of the existing highway. This initiative is expected to ease traffic congestion in Pimpri-Chinchwad region especially.

During Q2'2026, average property prices for Prasad Residency moved from ₹ 8,950/sqft to ₹ 9,450/sqft, reflecting a 5.59% rise.

Pimpri-Chinchwad Faces Water Shortage Amidst Delayed Pipeline Projects

Pimpri-Chinchwad, once considered Asia's wealthiest municipal corporation, is experiencing water scarcity with water being supplied only on alternate days for the past six and a half years. The delay in the Pavana closed pipeline and Bhama Askhed projects, stalled for years due to land acquisition issues and political opposition, is exacerbating the problem.

Pune Metro Expansion Gets Green Light for Peripheral Routes

The Pune Municipal Corporation's general body has approved proposals for extending the Pune Metro to peripheral areas. New routes from Khadakwasla to Donaje, Katraj to Khed Shivapur, Katraj to Undri, and Wagholi to Lonikand have been sanctioned. These extensions are expected to improve connectivity to Sinhagad Fort, the proposed outer ring road, and newly developing areas.

Pune Metro Launches Feeder Bus Service for Enhanced Connectivity

Pune Metro has launched a new feeder bus service (Route No 31) between PCMC Metro Station and Kalewadi Phata to improve first and last-mile connectivity. This service aims to make travel faster and more affordable for residents in Kalewadi, Rahatani, and Pimpri areas, reducing reliance on private vehicles and thereby easing traffic congestion and pollution.

Pune Infrastructure Projects Advance: Rail Upgrade, Civic Improvements, and Electricity Network Boost

Pune is experiencing advancements in several infrastructure projects. The Pune-Lonavla rail corridor is being upgraded to facilitate speeds of up to 130 kmph by June 2026.The state government has sanctioned ₹350 crore to strengthen the electricity network in Pune and Pimpri-Chinchwad. Works are expedited for water supply infrastructure projects in the Aundh-Bopodi area.

During Q1'2026, average property prices for Prasad Residency moved from ₹ 8,850/sqft to ₹ 8,950/sqft, reflecting a 1.13% rise.

Pune Infrastructure Projects Advance: Bridges, Flyovers, and Expressway 'Missing Link' Nearing Completion

Several infrastructure projects in and around Pune are progressing towards completion. One of the two new river bridges on the Mutha River at Warje on the Mumbai-Bengaluru Bypass is complete ,awaiting final testing, Balewadi-Kaspate Wasti bridge over the Mula-Mutha river, is expected to complete in an year. Pune University Square flyover is targeted for completion in 2026 ,easing traffic to Shivajinagar, Aundh, Baner, and Pashan.

The Pune Municipal Corporation (PMC) plans to widen the 100-year-old Bhuyari Marg underpass to alleviate traffic congestion in the city. This initiative is part of efforts to improve urban infrastructure and ease the flow of vehicles in a busy area.

The Pimpri-Chinchwad Municipal Corporation (PCMC) is fast-tracking land acquisition for several pending road and development works, including 47 'missing links', to ease traffic congestion and improve civic infrastructure.