India, May 5 -- The Maharashtra State Road Development Corporation (MSRDC) has revised the proposed alignment of the Pune Ring Road near Kasar Amboli village to avoid a residential complex, thereby saving nearly Rs.800 crore. The proposal was sent on Thursday, officials said.
The revision comes after residents of the large housing project comprising over 300 flats - a portion of which fell within the original alignment of Ring Road - demanded compensation of four times the cost of their units.
"Only a small part of the project was impacted, but the compensation demanded was nearly Rs.800 crore, which was not viable," an MSRDC official said, adding that the corporation could not afford such a high payout.
Another MSRDC official said, "W...
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