The Maharashtra government has approved the construction of two new metro rail routes in Pune, connecting key areas and enhancing the city's transport network.
Pune MetroMaha MetroInfrastructureReal EstateTransportationReal Estate PuneOct 15, 2024
The two new metro rail routes approved for Pune are the Khadakwasla-Swargate-Hadapsar-Kharadi and Nalstop-Dahanukar Colony-Warje-Manikbaug lines.
Maha Metro, a subsidiary of the Maharashtra Metro Rail Corporation Limited, is responsible for the construction of the new metro routes in Pune.
The total cost of the new metro project in Pune, which includes the two new routes, is estimated to be Rs 9,897 crore.
The two new metro routes in Pune will have a total of 28 stations.
The new metro routes are expected to ease traffic congestion, improve connectivity, boost the real estate sector, and create job opportunities, contributing to the overall development and economic growth of Pune.
The luxury housing segment, including units priced at INR 4 crore and above, experienced a 37.8% increase in sales year-on-year during the first nine months of 2024, driven by robust economic conditions and consumer confidence.
Maharashtra has secured a significant $50 billion in investment commitments at the India Global Forum. This influx of capital is expected to boost various sectors, including real estate, manufacturing, and technology, driving economic growth and job creation.
Private equity investments in Indian real estate have soared to $4.2 billion in 2024, marking a 32% increase from the previous year. The warehousing sector has been the key driver of this growth.
Maharashtra is making headlines at the World Economic Forum in Davos with mammoth investment deals totaling over ₹4.99 lakh crore. In an exclusive interview, Chief Minister Devendra Fadnavis discusses the state’s strategic partnerships and their impact on
The Economic Survey highlights India's real estate sector's recovery, driven by urbanization and government schemes, but notes that legacy stalled projects pose a challenge.
The real estate sector has seen a significant surge in under-construction property supply, marked by a 46.8% increase over the past year. Cities like Bengaluru, Noida, and Navi Mumbai continue to lead with affordable property prices, making them attractiv