Pune-Nashik Semi High-Speed Railway project facing delays
RAILWAYS & METRO RAIL

Pune-Nashik Semi High-Speed Railway project facing delays

Despite having received in-principle approval from the Maharashtra state government and after clearing several approval hurdles, the Pune-Nashik Semi High-Speed Railway project has slowed down, raising concerns among locals.

The railway route was approved following a February meeting with Deputy Chief Minister Devendra Fadnavis and Railway Minister Ashwini Vaishnaw; the final permission is anticipated following the submission of its report to the Ministry of Railways.

The Maharail company filed proposals to various banks for the acquisition of 60 per cent of the funds in the form of loans after consulting with the GMRT project at Khodad. Due to the lack of a government decision, the banks are not moving the file.

The railway project, which will pass through 54 villages in the Haveli, Khed, Ambegaon, and Junnar talukas of the Pune district, will require an investment of 478 hectares of land and be estimated to cost Rs 35 billion.

Because there have been no updates on the status of the project, residents are still concerned about the potential traffic congestion on city highways that could be avoided with the completion of the Pune-Nashik Semi-High-Speed Railway.

Also Read
Ghaziabad Priority Section soon to commence operations
DRA Infracon-led JV emerges as lowest bidder for Chennai Metro Phase 2


Despite having received in-principle approval from the Maharashtra state government and after clearing several approval hurdles, the Pune-Nashik Semi High-Speed Railway project has slowed down, raising concerns among locals. The railway route was approved following a February meeting with Deputy Chief Minister Devendra Fadnavis and Railway Minister Ashwini Vaishnaw; the final permission is anticipated following the submission of its report to the Ministry of Railways. The Maharail company filed proposals to various banks for the acquisition of 60 per cent of the funds in the form of loans after consulting with the GMRT project at Khodad. Due to the lack of a government decision, the banks are not moving the file. The railway project, which will pass through 54 villages in the Haveli, Khed, Ambegaon, and Junnar talukas of the Pune district, will require an investment of 478 hectares of land and be estimated to cost Rs 35 billion. Because there have been no updates on the status of the project, residents are still concerned about the potential traffic congestion on city highways that could be avoided with the completion of the Pune-Nashik Semi-High-Speed Railway. Also Read Ghaziabad Priority Section soon to commence operationsDRA Infracon-led JV emerges as lowest bidder for Chennai Metro Phase 2

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement