Varad Lake City Phase I Ambegaon Budruk, 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,.

During Q2'2026, average property prices for Varad Lake City Phase I moved from ₹ 7,600/sqft to ₹ 8,850/sqft, reflecting a 16.45% rise.

Pune Municipal Corporation Plans Rs 2000 Crore Infrastructure Upgrade for Merged Villages

The Pune Municipal Corporation (PMC) is set to undertake significant infrastructure development in 32 merged villages, with an investment of approximately Rs 2,000 crore. This initiative, supported by the World Bank, Central Government, and Maharashtra Government, will focus on improving water supply, sewage networks, roads, and stormwater drainage.

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.

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.

During Q1'2026, average property prices for Varad Lake City Phase I moved from ₹ 6,450/sqft to ₹ 7,600/sqft, reflecting a 17.83% 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.

External Works has reached 45%, Internal finishing stands at 40%.

A total of 34 out of 112 launched units have been booked as of May 2023, including 27% of 1 BHK(15 out of 56 units), 34% of 2 BHK(19 out of 56 units).