Space Paramount Tower Kondhwa, Pune

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 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 Metro Line 3 to Commence Operations by June 15, Connecting Hinjewadi to Shivajinagar

Pune Metro's elevated Line 3, spanning 23.203 km and connecting Hinjewadi to Shivajinagar, will begin operations in phases starting June 15, 2026. The first phase will cover 12 stations from the Hinjewadi side, with the remaining stations expected to be operational by October.

PMC Plans New Bridge Parallel to Rajaram Bridge to Ease Sinhagad Road Traffic

PMC is moving forward with plans to construct a new bridge parallel to the existing Rajaram Bridge to alleviate traffic congestion on Sinhagad Road. This project aims to improve connectivity between Sinhagad Road and Karvenagar , DP Road, reducing daily traffic bottlenecks and enhancing commuter experience.

Katraj-Kondhwa Road Widening Project Gains Momentum, Phase 1 Nears Completion

The Katraj-Kondhwa road widening project in Pune has seen significant progress, with substantial funds allocated for land acquisition and the first phase nearing completion. This crucial corridor, connecting two national highways, has faced increasing congestion due to rapid development.

Pune Metro Network to Expand to Nearly 200 km, Addressing Traffic Congestion

CM Devendra Fadnavis announced that Pune, Pimpri Chinchwad, and the Pune Metropolitan region will soon have a nearly 200 km Metro network. This expansion aims to significantly alleviate traffic congestion in the city. Currently, about 33 km of the metro network is operational, & 55 km in construction phase ,with further additions planned.

Pune Municipal Corporation Allocates ₹954 Crore for Infrastructure in Merged Villages

The Pune Municipal Corporation (PMC) has earmarked ₹954 crore in its draft budget for FY2026-27 to fund infrastructure development in villages recently merged into the city's limits. This allocation aims to address gaps in civic amenities such as roads, sewage networks, and water supply in these peripheral areas, ensuring uniform development and improved service delivery.

During Q1'2026, average property prices for Space Paramount Tower moved from ₹ 7,900/sqft to ₹ 11,250/sqft, reflecting a 42.41% rise.

Khambataki Ghat Tunnel Opens for Trial Run, Reducing Pune-Satara Travel Time

One tube of the new Khambataki Ghat Tunnel on the Pune-Satara National Highway has opened for a trial run for light vehicles. This is expected to reduce travel time through the ghat from approximately 45 minutes to just 7 minutes, significantly improving connectivity and safety. The tunnel aims to replace the accident-prone ghat section, with the full project, including the second tube, targeted for completion by March 2026.

During Q4'2025, average property prices for Space Paramount Tower moved from ₹ 7,750/sqft to ₹ 7,900/sqft, reflecting a 1.94% rise.