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
Infrastructure Urban

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Next Story
Infrastructure Urban

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

Next Story
Infrastructure Urban

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement