Maharashtra Approves Rs 6.83 Bn for Bibvewadi, Balajinagar Metro Stations
RAILWAYS & METRO RAIL

Maharashtra Approves Rs 6.83 Bn for Bibvewadi, Balajinagar Metro Stations

The state government has approved two new underground metro stations at Bibvewadi and Balajinagar on the proposed Swargate–Katraj corridor. The project cost for both stations has been estimated at Rs 6.83 billion.

Of the sanctioned amount, the Pune Municipal Corporation (PMC) will contribute Rs 2.27 billion, the state government will provide Rs 1.16 billion, and Rs 3.41 billion will be raised through loans.

Deputy Chief Minister and Pune district guardian minister Ajit Pawar said the stations will improve metro accessibility for residents of Dhankawadi and Bibvewadi, two of Pune’s most densely populated areas.

Originally, only four stations were planned along the corridor, leaving out several high-density zones such as Dhankawadi, Balajinagar, Bibvewadi, and Bharti Vidyapeeth. Following demands from local leaders, PMC submitted a revised proposal, which has now been approved.

The state government has also sanctioned shifting the Katraj metro station 471 metres from its earlier proposed location. Further, in-principle approval has been given for raising loans for the Vanaz–Chandni Chowk and Ramwadi–Wagholi corridors, while agreeing to bear the loan costs for the Khadakwasla–Swargate–Hadapsar–Kharadi line.

Officials said the approvals mark an important step in strengthening last-mile connectivity and easing congestion in Pune’s southern belt.

News source: Hindustan times

The state government has approved two new underground metro stations at Bibvewadi and Balajinagar on the proposed Swargate–Katraj corridor. The project cost for both stations has been estimated at Rs 6.83 billion.Of the sanctioned amount, the Pune Municipal Corporation (PMC) will contribute Rs 2.27 billion, the state government will provide Rs 1.16 billion, and Rs 3.41 billion will be raised through loans.Deputy Chief Minister and Pune district guardian minister Ajit Pawar said the stations will improve metro accessibility for residents of Dhankawadi and Bibvewadi, two of Pune’s most densely populated areas.Originally, only four stations were planned along the corridor, leaving out several high-density zones such as Dhankawadi, Balajinagar, Bibvewadi, and Bharti Vidyapeeth. Following demands from local leaders, PMC submitted a revised proposal, which has now been approved.The state government has also sanctioned shifting the Katraj metro station 471 metres from its earlier proposed location. Further, in-principle approval has been given for raising loans for the Vanaz–Chandni Chowk and Ramwadi–Wagholi corridors, while agreeing to bear the loan costs for the Khadakwasla–Swargate–Hadapsar–Kharadi line.Officials said the approvals mark an important step in strengthening last-mile connectivity and easing congestion in Pune’s southern belt.News source: Hindustan times

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement