Maharashtra: ₹8,000 crore Nashik Ring Road approved ahead of 2027 Kumbh Mela

Maharashtra: The 66.15 km-long Nashik Ring Road, planned as a Parikrama Marg ahead of the 2027 Kumbh Mela, is expected to cost approximately ₹8,000 crore.

The State Cabinet Committee on Infrastructure, which recently approved the project, has assigned the work to the Maharashtra State Infrastructure Development Corporation (MSIDC), instead of the earlier expectation that the Maharashtra State Road Development Corporation (MSRDC) would implement it.

Land Acquisition Cost Set at ₹3,659 Crore

The committee approved ₹3,659.47 crore for land acquisition. Discussions are ongoing between the state and the central government regarding the civil works portion of the Parikrama Marg, which is estimated to cost ₹4,262.64 crore. The state has already approved this expenditure.