India, April 19 -- The Pune Metropolitan Region Development Authority (PMRDA) is considering raising up to 50% of funds through loans, bonds, and public-private partnership (PPP) models to finance key infrastructure projects aimed at easing traffic congestion in Pune and Pimpri-Chinchwad.

Major projects under consideration include the proposed Yerawada-Katraj underground twin tunnel and the Pawana river rejuvenation plan. The authority is also planning to seek financial assistance from the state and central governments, while assessing eligibility for funds under the Centre's urban challenge fund.

As per funding norms, at least 50% of the project cost must be mobilised through loans, bonds, or PPP models to qualify for central assistanc...