The Pune Metropolitan Region Development Authority (PMRDA) has received approval for its budget of Rs 1,926 crore during a meeting chaired by Maharashtra Chief Minister Eknath Shinde.
This significant announcement comes as the authority aims to boost development and construction projects by waiving off 100 percent of the additional development fees for a five-year period from July 2018 to April 2023.
Key officials, including Health Minister Dr. Tanaji Sawant, Chief Secretary Manoj Saunik, Additional Chief Secretary Finance Nitin Karir, PMRDA Metropolitan Commissioner Rahul Mahiwal, Pimpri Chinchwad Municipal Commissioner Shekhar Singh, were in attendance.
A major topic discussed during the meeting was the proposal to increase the additional development fee arrears for projects sanctioned between July 2018 and April 2023, due to the announcement of the Pune Metro Line 3.
Chief Minister Eknath Shinde directed the waiver of the increased additional development charges for this period, while also suggesting a sector-wise application of the fee instead of a uniform approach. The estimated amount of waived additional development charges is around Rs 332 crore.
Additionally, the authority approved the transfer of 6.50 acres of land in Moshi, Pune (PIECC) to the Pimpri Chinchwad Municipal Corporation for the construction of a memorial dedicated to Chhatrapati Sambhaji Maharaj.
Emphasis was placed on submitting PMRDA’s development plan by June 20. Other approvals included the Pune Ring Road Project, the allocation of development funds for villages under Pune Municipal Corporation’s jurisdiction, and the implementation of the Maharashtra Fire Prevention and Life Safety Measures Act 2023 in the PMRDA area.Furthermore, the operation of Pune Mahanagar Parivahan Mahamandal Limited (PMPML) buses in the PMRDA area and the allocation of funds for their functioning were given the green light.
The Chief Minister marked the occasion by releasing the budget booklet of the authority, symbolizing the progress and commitment to the development of the Pune Metropolitan Region.