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Union Minister of Road Transport and Highways, Nitin Gadkari, has announced an ambitious plan to invest Rs 55,000 crores in a network of elevated roadways in Pune. The project, which was revealed at the 40th Annual General Meeting of Credai Pune Metro, is aimed at addressing traffic congestion in the city and reducing travel time between Nagpur and Pune to 4.5 hours.
Gadkari’s ambitious plan for Pune is a testament to his commitment to developing the city’s infrastructure and improving the quality of life for its residents. The elevated roadways, ring road system, and smart villages will all play a vital role in addressing traffic congestion, reducing travel time, and promoting sustainable development.
Encourage Development on the Outskirts of Pune
Gadkari, a visionary leader, is encouraging developers to explore the outskirts of Pune and promote the creation of smart villages as an alternative to traditional smart cities. He believes that these areas offer cost-effective land acquisition opportunities, making them an attractive prospect for real estate pioneers.
Advocate for Innovative Technologies to Reduce Construction Costs
Gadkari is determined to reduce construction costs, which have soared in recent years. He is advocating for the use of innovative technologies and techniques, and is working with esteemed institutions such as IIT to develop new solutions.
Aim to Reduce Logistics Costs to 9%
The minister has also set his sights on reducing logistics costs, which currently range between 14% and 16%, to an impressive 9%. His steadfast commitment to embracing foreign technologies has already borne fruit, with recent projects witnessing a significant reduction in construction expenditure.