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CM approves ₹4,628 crore PMRDA budget; SPV for Katraj–Yerawada tunnel and land disposal powers delegated
Chief minister Devendra Fadnavis approved PMRDA's 2026-27 budget of ₹4,628.85 crore, with major allocations to engineering and land departments. The meeting also planned an SPV for the Katraj–Yerawada tunnel, a six-month deadline for a structural development plan, and delegation of land disposal powers to the metropolitan commissioner, alongside related regulatory moves.
Why It Matters
The decision advances infrastructure projects in the Pune Metropolitan Region and introduces governance changes to speed up land handling and project execution, signaling a push for accelerated development.
Timeline
9 Events
PMRDA meeting attendees
May 4, 2026
The meeting was attended by deputy chief minister Eknath Shinde, senior officials, and civic representatives; some officials joined via video conferencing.
Delegation under Land Disposal Regulations, 2023 and retrospective approvals
May 4, 2026
To simplify processes under the Maharashtra Right to Public Services Act, 2015, the PMRDA approved delegation of powers under the Land Disposal Regulations, 2023, to speed up plot allotment, transfers, inheritance entries, and NOCs. Retrospective approval was granted for powers exercised since June 2021.
Delegation of land disposal powers to the metropolitan commissioner
May 4, 2026
PMRDA approved a proposal to delegate routine land disposal powers directly to the metropolitan commissioner to speed up processes.
Purandar airport and other projects discussed
May 4, 2026
Key projects including the Purandar airport were discussed during the PMRDA meeting.
Six-month deadline for PMRDA structural development plan
May 4, 2026
The CM issued a strict six-month deadline for PMRDA to draft a structural development plan for the villages within its limits.
SPV for Katraj–Yerawada tunnel proposed
May 4, 2026
CM Fadnavis directed that a separate special purpose vehicle (SPV) be set up for the Katraj–Yerawada twin tunnel project. He asked the Pune Municipal Corporation (PMC) to lead, with joint coordination between PMRDA and PMC.
Major allocations to engineering and land departments
May 4, 2026
A major share of the budget—₹2,918.81 crore—was allocated to the engineering department for infrastructure and development works (metro expansion, road development, Katraj-Yerawada twin tunnel, Ring Road, Lonavala skywalk, Pawna-Indrayani river project, urban growth clusters, CM package roads, tourism routes, and housing projects). ₹970.76 crore was earmarked for the land and property department. The budget shows a surplus of ₹3.55 crore. A separate fire fund provision was made with expected receipts ₹100.05 crore and expenditure ₹71.04 crore for 2026-27.
PMRDA budget approved for FY 2026-27
May 4, 2026
CM Devendra Fadnavis, presiding as PMRDA chairman, approved the PMRDA budget for the financial year 2026-27 totaling ₹4,628.85 crore, including revised estimates for 2025-26 and projections for 2026-27. Total revenue and capital receipts are ₹4,628.85 crore and total expenditure is ₹4,625.30 crore.
Merger of Pimpri-Chinchwad NTD Authority with PMRDA
June 2021
Pimpri-Chinchwad New Town Development Authority was merged with PMRDA in June 2021, bringing the former’s assets and liabilities under PMRDA.