Maharashtra Cabinet Approves Rs 240 Bn Metro Projects Across Four Cities

09 Sep 2025 CW Team

The Cabinet has sanctioned Mumbai Metro Line-11, an extension of Line-4 (Wadala–Thane–Kasarvadavali). The 17.51 km corridor will connect Anik Depot–Wadala–Gateway of India, with 70 per cent of the stretch underground. It will include 13 underground and one at-grade station.

The project, estimated at Rs 234.87 billion, will be executed by Mumbai Metro Rail Corporation (MMRCL). The state has also approved seeking Central Government support of Rs 31.37 billion in equity and Rs 9.16 billion in interest-free subordinate debt, while accepting responsibility for loan repayment.

The Cabinet also approved raising loans to fund key metro extensions, including:

Thane Ring Road Metro
Pimpri-Chinchwad–Nigdi and Swargate–Katraj corridors in Pune
Vanaz–Chandani Chowk and Ramwadi–Wagholi extensions of Pune Metro Line-2
Khadakwasla–Swargate–Hadapsar–Kharadi line and Nal Stop–Warje–Manikbagh spur under Pune Metro Line-4
Nagpur Metro Phase-2

The loans will be sourced from bilateral and multilateral agencies at concessional rates, with the state agreeing to bear repayment responsibilities.

Two New Stations, Shift in Katraj Alignment

Additionally, the Cabinet approved two new metro stations—Balajinagar and Bibwewadi—on Pune’s Swargate–Katraj corridor, along with shifting the Katraj station 421 metres southwards for better integration with the PMPML bus terminal. An expenditure of Rs 6.83 billion has been sanctioned, of which Pune Municipal Corporation will contribute Rs 2.27 billion, with the rest raised via loans.

The Pune Metro Phase-1 project, spanning 33.28 km across two corridors, is under execution by Maha-Metro, while Line-3 (Hinjewadi–Shivajinagar) is being developed under a PPP model by PMRDA.

Officials said the Cabinet decisions will accelerate metro development across Maharashtra’s major cities, reduce congestion, and strengthen sustainable transport infrastructure.

News source: The Free Press Journal

The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has approved three key decisions to boost metro connectivity across the state. The projects, with an investment exceeding Rs 240 billion, cover Mumbai, Pune, Thane, and Nagpur.The Cabinet has sanctioned Mumbai Metro Line-11, an extension of Line-4 (Wadala–Thane–Kasarvadavali). The 17.51 km corridor will connect Anik Depot–Wadala–Gateway of India, with 70 per cent of the stretch underground. It will include 13 underground and one at-grade station.The project, estimated at Rs 234.87 billion, will be executed by Mumbai Metro Rail Corporation (MMRCL). The state has also approved seeking Central Government support of Rs 31.37 billion in equity and Rs 9.16 billion in interest-free subordinate debt, while accepting responsibility for loan repayment.The Cabinet also approved raising loans to fund key metro extensions, including:Thane Ring Road MetroPimpri-Chinchwad–Nigdi and Swargate–Katraj corridors in PuneVanaz–Chandani Chowk and Ramwadi–Wagholi extensions of Pune Metro Line-2Khadakwasla–Swargate–Hadapsar–Kharadi line and Nal Stop–Warje–Manikbagh spur under Pune Metro Line-4Nagpur Metro Phase-2The loans will be sourced from bilateral and multilateral agencies at concessional rates, with the state agreeing to bear repayment responsibilities.Two New Stations, Shift in Katraj AlignmentAdditionally, the Cabinet approved two new metro stations—Balajinagar and Bibwewadi—on Pune’s Swargate–Katraj corridor, along with shifting the Katraj station 421 metres southwards for better integration with the PMPML bus terminal. An expenditure of Rs 6.83 billion has been sanctioned, of which Pune Municipal Corporation will contribute Rs 2.27 billion, with the rest raised via loans.The Pune Metro Phase-1 project, spanning 33.28 km across two corridors, is under execution by Maha-Metro, while Line-3 (Hinjewadi–Shivajinagar) is being developed under a PPP model by PMRDA.Officials said the Cabinet decisions will accelerate metro development across Maharashtra’s major cities, reduce congestion, and strengthen sustainable transport infrastructure.News source: The Free Press Journal

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Real Estate

04 Aug 2026

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Infrastructure Energy

04 Aug 2026

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..