The Maha Metro Rail Corporation Limited (MMRCL) is set to undertake significant extensions to the Pune Metro Line 3, which will not only enhance connectivity but also boost the real estate and infrastructure sectors in the region.
Pune MetroMaha MetroMetro Line 3Real EstateInfrastructureReal Estate PuneJan 28, 2025
The Maha Metro Rail Corporation Limited (MMRCL) is a joint venture between the Government of Maharashtra and the Government of India, responsible for developing and operating metro systems in Maharashtra, including the Pune Metro.
The extension of Pune Metro Line 3 will include the addition of 10 new stations.
Key features of the extension project include the addition of new stations, increased connectivity, advanced infrastructure, and economic benefits for the surrounding areas.
The extension is expected to boost property values in areas around the new stations, making them more attractive for residential and commercial developments.
Maha Metro is committed to sustainable development and incorporates eco-friendly practices, energy-efficient systems, and green buildings in its projects to reduce carbon emissions and create a greener city.
The Aaiji Group has already completed two real estate projects in the region, with two more under development.
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The expansion will require 7.3 million square feet of real estate and 3.8 billion USD in capital. Mumbai will maintain its leadership, while Chennai is also set to see significant growth.
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