The Pune Outer Ring Road project is progressing as financial bids for the last three packages have been opened where two firms have emerged as the lowest (L1) bidders. Afcons Infra is set to receive the contract for package 6 of the eight-lane access-controlled greenfield road, while GR Infra has won the bid for packages 5 and 6. 

With this, the bidding for all the packages of the Pune Outer Ring road has been completed. The aforementioned three packages lie between the Pune-Bengaluru highway (NH48) and Pune-Solapur highway. 

The Pune Outer Ring Road will have a design speed of 120 km per hour. The Maharashtra State Road Development Corporation (MSRDC) has been entrusted with the project's execution. 

Finally, the fourth phase will involve the construction of a 68.8-km road segment. Chief Minister Devendra Fadnavis had pitched the completion of this project in his electoral campaign.