Neo-metro project not to be implemented in Pune: Deputy CM
RAILWAYS & METRO RAIL

Neo-metro project not to be implemented in Pune: Deputy CM

Pune Deputy CM Ajit Pawar told the officials not to implement the neo-metro project in Pune till the execution of a similar project might be in Nashik.

He was examining the detailed project report (DPR) for the proposed neo-metro project on the 36 km stretch of high capacity mass transit route (HCMTR) presented by the Maharashtra Metro Rail Corporation Limited (Maha Metro).

Director of Maha Metro, Atul Gadgil, said that it had presented the DPR of 82.5 km Phase 2 Maha Metro project. It consists of one neo-metro line of HCMTR.

Maha Metro is already working on the 32 km Nashik metro neo project after getting in-principle approval from the government.

This metro rail project is the first of its kind in India. The expected cost of the Nashik metro project is around Rs 2,100 crore, compared to Rs 8,000 crore if it builds a rail-based metro.

The 82.5 km Phase 2 corridor connects Vanaz to Chandani chowk, Ramwadi to Wagholi, Hadapsar to Kharadi, Swargate to Hadapsar, Khadakwasla to Swargate, SNDT to Warje, and HCMTR in Pune Municipal Corporation (PMC).

PMC had already prepared the plan for the HCMTR metro project. The project still has not started due to a lack of land acquisition and financial difficulties.

Pawar reviewed the project, and the option of neo-metro on the HCMTR route was considered and instructed Maha Metro to prepare a DPR. Although Maha Metro has prepared the DPR, CM suggested that the final decision be taken after the municipal elections.

Image Source

Also read: ELCITA proposes Bengaluru’s first Metro Neo network

Pune Deputy CM Ajit Pawar told the officials not to implement the neo-metro project in Pune till the execution of a similar project might be in Nashik. He was examining the detailed project report (DPR) for the proposed neo-metro project on the 36 km stretch of high capacity mass transit route (HCMTR) presented by the Maharashtra Metro Rail Corporation Limited (Maha Metro). Director of Maha Metro, Atul Gadgil, said that it had presented the DPR of 82.5 km Phase 2 Maha Metro project. It consists of one neo-metro line of HCMTR. Maha Metro is already working on the 32 km Nashik metro neo project after getting in-principle approval from the government. This metro rail project is the first of its kind in India. The expected cost of the Nashik metro project is around Rs 2,100 crore, compared to Rs 8,000 crore if it builds a rail-based metro. The 82.5 km Phase 2 corridor connects Vanaz to Chandani chowk, Ramwadi to Wagholi, Hadapsar to Kharadi, Swargate to Hadapsar, Khadakwasla to Swargate, SNDT to Warje, and HCMTR in Pune Municipal Corporation (PMC). PMC had already prepared the plan for the HCMTR metro project. The project still has not started due to a lack of land acquisition and financial difficulties. Pawar reviewed the project, and the option of neo-metro on the HCMTR route was considered and instructed Maha Metro to prepare a DPR. Although Maha Metro has prepared the DPR, CM suggested that the final decision be taken after the municipal elections. Image Source Also read: ELCITA proposes Bengaluru’s first Metro Neo network

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement