Real Estate Pune

PMC Proposes Rs 17.3 Cr Land Purchase for Mula-Mutha Riverfront Access

By GeoSquare News Desk · Published 2026-10-07

The Pune Municipal Corporation (PMC) has tabled a Rs 17.3 crore land acquisition proposal to improve access to the Mula-Mutha riverfront. The move is aimed at creating smoother entry points and better public connectivity along the river stretch, which has been a key focus of Pune's urban infrastructure push.

What the proposal includes

Under the proposal, the civic body will acquire private land parcels near the riverfront to develop access roads, pedestrian walkways, and viewing areas. The acquisition is expected to resolve existing bottlenecks and make the riverfront more approachable for residents and visitors.

Impact on surrounding real estate

Better access to the Mula-Mutha riverfront is likely to increase the appeal of nearby residential and commercial properties. Areas around riverfront projects typically see improved demand once connectivity and public amenities are upgraded, making this a positive signal for Pune's property market.

While the proposal is still at an early stage, it underlines PMC's commitment to completing the riverfront development and integrating it with the city's growing infrastructure network. Further approvals and execution details are expected in the coming months.