Prasanna 1 Square Chakan, Pune

Talegaon-Chakan Elevated Corridor Work Begins, Aiming to Ease Congestion

Construction has commenced on the 26.30 km Talegaon-Chakan elevated corridor, a part of the larger Talegaon-Chakan-Shikrapur highway project. This ₹6,150 crore initiative, targeted for completion by January 2027, is expected to alleviate approximately 50% of the existing traffic congestion in Pune's industrial belt.

PMC Floats Tender for Chandni Chowk-Bhugaon Road Upgrade

The Pune Municipal Corporation (PMC) has floated a tender worth Rs 1,640 million for the upgrade of a 2.2-kilometer stretch between Chandni Chowk and Bhugaon. The project includes a flyover, a bridge over the Ram River, and an underpass, aiming to improve connectivity between Pune and surrounding areas, including the Pirangut industrial belt.

Pune's Infrastructure Gets Major Boost with ₹18,000 Crore in Elevated Road Projects

Cm Devendra Fadnavis laid the foundation stones for three elevated road projects worth ₹18,000 crore in Pune. These projects aim to significantly reduce traffic congestion across the city and its surrounding areas. The projects include the Pune-Shirur Elevated Highway, Hadapsar-Yavat Elevated Highway, and Talegaon-Chakan-Shikrapur Elevated Highway,.

Pune Metropolitan Region Development Authority Allocates Funds for Internal Ring Road

Pune Metropolitan Region Development Authority has allocated ₹55.03 crore for the Pune Internal Ring Road project, which includes tunnels, bridges, and interchanges. This project aims to improve connectivity between Hinjawadi IT Park, Chakan MIDC, and Lohegaon Airport, significantly reducing travel time and decongesting city roads.

Pune Railway Station Overhaul: Rs 473 Crore Project to Add Six New Platforms

Pune Junction is set for a major overhaul with a Rs 473 crore project that includes yard remodelling and the addition of six new platforms. This expansion aims to increase the station's capacity to handle more trains and passengers, improving overall efficiency and passenger experience.

Pune Set for Major Infrastructure Boost with Highway Expansion and New Expressway Projects

Nitin Gadkari announced a massive ₹50000 crores road infrastructure plan for Pune. This includes an elevated corridor between Pune and Shirur, another on the Pune-Solapur route, a new Pune-Chhatrapati Sambhajinagar expressway, and road works in the Talegaon-Chakan-Shikrapur industrial belt.The Pune Ring Road project plus 10 laning of Pune Nashik highway will also progress rapidly

Major Highway Upgrade: Talegaon-Chakan-Shikrapur Project Gets Maharashtra Govt Nod

The Maharashtra government has approved a significant highway upgrade project for National Highway 548D, connecting Talegaon, Chakan, and Shikrapur. The project includes the construction of a four-lane elevated highway and a parallel road, aimed at enhancing transport efficiency in a key industrial belt. This upgrade is expected to significantly improve connectivity and reduce travel times for businesses and commuters in the region, potentially boosting economic activity.

During Q1'2026, average property prices for Prasanna 1 Square moved from ₹ 4,500/sqft to ₹ 4,850/sqft, reflecting a 7.78% rise.

Pune Infrastructure Boost: Metro, Flyovers, Railway Expansion, and Road Works

Pune is experiencing significant infrastructure development. Construction has started on a 4.7-kilometer double-decker flyover integrated with a Metro rail corridor along Nagar Road. Pune Railway Station is set to expand with six new platforms and the extension of four existing ones to improve passenger convenience. Additionally, MIDC is investing ₹368 crore in Chakan road development projects.

Nashik Infrastructure Boost: Corridor Approvals, Rail Projects Advance

NHAI has awarded the Nashik Phata–Khed corridor project, to be executed in two phases at a total cost of ₹7,800 crore, to improve travel times and safety. Phase I, from Nashik Phata to Alandi Phata, is estimated at ₹4,403 crore, while Phase II, the Alandi Phata–Khed stretch, will be built at ₹3,398 crore.Railway Board has approved two new railway lines between Manmad and Kasara for a direct Nashik to Mumbai local train service.