Pune Metro to Build Commercial Complex at Swargate

16 Jul 2024 CW Team

The Pune Metro Rail Corporation Limited (PMRCL) is set to develop a commercial complex at Swargate, aiming to enhance its revenue streams and provide modern amenities to commuters. This project, strategically located at one of Pune's busiest transit hubs, promises to transform the Swargate area into a vibrant commercial zone.

The proposed complex will feature a mix of retail shops, office spaces, and recreational facilities, designed to cater to the diverse needs of commuters and local residents. By integrating commercial activities with the metro station, PMRCL aims to create a seamless urban experience that combines convenience and accessibility.

The Swargate commercial complex is part of PMRCL's broader strategy to leverage real estate assets to generate additional income. This initiative is expected to boost the financial sustainability of Pune Metro, reducing reliance on ticket sales and government subsidies.

In addition to enhancing commuter convenience, the complex will stimulate local economic activity by attracting businesses and generating employment opportunities. The project is poised to become a new landmark in Pune, offering a modern urban space that blends transportation and commerce.

PMRCL plans to implement the project through a public-private partnership model, ensuring efficient execution and management. The construction is expected to commence soon, with the project slated for completion within the next few years.

This commercial development at Swargate reflects PMRCL's commitment to innovative urban planning and sustainable revenue generation. By creating a dynamic commercial hub, Pune Metro aims to improve the urban experience for its users while contributing to the city's economic growth.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..