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The Maharashtra government has taken a further step on the proposed Purandar airport near Pune by initiating a review of its funding structure ahead of a cabinet discussion. The focus is on finalising land acquisition costs, financial arrangements, and the roles of key state agencies. The project, planned over around 3,000 acres in Purandar taluka, has already received consent from most affected landowners. Authorities are now working to align funding approvals, land transfer timelines, and institutional responsibilities to ensure smoother execution of the long-pending airport project.
The Maharashtra government has initiated a review of the funding proposal for the Purandar airport project, a move seen as necessary before the matter is placed before the state cabinet. The exercise is aimed at firming up the financial structure and resolving pending administrative issues linked to land acquisition and project implementation. Advertisement
The airport is proposed near Pune and is expected to address the city's long-term aviation needs, given capacity constraints at the existing Lohegaon airport. The project requires nearly 3,000 acres of land spread across seven villages in Purandar taluka. Officials involved in the process have indicated that around 95% of landowners have already given their consent, which has reduced resistance compared to earlier attempts to move the project forward.
The Maharashtra Industrial Development Corporation has been asked to place a clear funding plan before the cabinet. The land acquisition cost alone is estimated at about INR 4,500 crore, and discussions are underway with financial institutions to arrange the required funds. The state is also examining the creation of a special purpose vehicle to manage land acquisition and future development in a more structured manner.
Administrative coordination is another key focus area. The government has underlined the need to clearly define responsibilities between the Maharashtra Airport Development Company, the Urban Development Department, and the City and Industrial Development Corporation. CIDCO's involvement is intended to ensure planned development around the airport and better integration with regional infrastructure.
On the ground, district authorities are continuing joint land measurements and statutory processes in villages such as Vanpuri, Kumbhar Valan, Udachi Wadi, Ekhatpur, Munjawadi, Khanwadi, and Pargaon. Deputy collectors and sub-divisional officers have been assigned to monitor progress and submit regular updates, as the state aims to avoid delays that affected the project in the past.
Once the funding structure and land acquisition framework are approved, the government plans to move towards selecting a private developer under a suitable development and operation model. Officials see this sequencing as critical to ensure that construction begins soon after land transfer is completed, rather than remaining stalled at the planning stage.
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