Hinjewadi-Shivajinagar metro: Pune civic body to hand over land
RAILWAYS & METRO RAIL

Hinjewadi-Shivajinagar metro: Pune civic body to hand over land

The standing committee of Pune Municipal Corporation (PMC) approved handing over of land for the Hinjewadi-Shivajinagar corridor-3 metro project on Tuesday, which is being implemented by the Pune Metropolitan Region Development Authority (PMRDA).

The metro project received a green signal from PMC’s general body in 2018. Recently some changes were proposed about the land acquisition for the project as well as expenses. On Tuesday a revised proposal was approved by the standing committee.

The expenses for the acquisition of land would be incurred by PMC, which is part of the development plan (DP), against floor space index (FSI) or transfer of development right (TDR), or according to the provisions of the land acquisition act.

The municipal authority will provide the road space required for the project. PMRDA will acquire land plots other than those marked in the DP. The 23.3 km long corridor around the 14 km stretch passes through PMC limits.

Image Source


Also read: Mumbai Metro-3 project faces cash crunch

Also read: Mumbai Metro 2A, 7 to be fully operational from January 2022

The standing committee of Pune Municipal Corporation (PMC) approved handing over of land for the Hinjewadi-Shivajinagar corridor-3 metro project on Tuesday, which is being implemented by the Pune Metropolitan Region Development Authority (PMRDA). The metro project received a green signal from PMC’s general body in 2018. Recently some changes were proposed about the land acquisition for the project as well as expenses. On Tuesday a revised proposal was approved by the standing committee. The expenses for the acquisition of land would be incurred by PMC, which is part of the development plan (DP), against floor space index (FSI) or transfer of development right (TDR), or according to the provisions of the land acquisition act. The municipal authority will provide the road space required for the project. PMRDA will acquire land plots other than those marked in the DP. The 23.3 km long corridor around the 14 km stretch passes through PMC limits. Image Source Also read: Mumbai Metro-3 project faces cash crunch Also read: Mumbai Metro 2A, 7 to be fully operational from January 2022

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?