As per the sources available to www.propertykhazana.com, the Cabinet Committee of Infrastructure has agreed for the upgrading of four lines of about 100 kms from Solapur to Maharashtra/Karnataka section on National Highway # 9 in Maharashtra under the National Highways Development Project (NHDP) stage III below BOT Mode on Design, Build, Fiscal, and Operate and Transfer basis. The total budget of the proposed upgrading is Rs. 991.67 Crores and also contains Property acquirement, Rehabilitation and Pre-construction activities. The project covers the regions of Pune, Solapur and Osmanabad in Maharashtra.
The purpose of the venture is to speed up the development of roads in Maharashtra and also decreasing the commuting time of travel for the traffic and especially for the heavy traffic which in Solapur-Maharashtra/Karnataka border line. NH9 is the major connection between Maharashtra, Karnataka and Andhra Pradesh and it also caters for a lengthy distance traffic moving from Mumbai and Northern India to Hyderabad and being the smallest road it links to Vijayawada and Machilipatnam Port in Andhra Pradesh. NH9 also boosts the employment possibilities for the local laborers for the venture.
Source: NIMMA BENGALURU
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