Real Estate Pune

PMRDA Plans 8 Parking Lots Along Pune Metro Network

By GeoSquare News Desk · Published 2026-11-04

The Pune Metropolitan Region Development Authority (PMRDA) is planning to develop parking lots at eight locations along the metro network. The initiative aims to address the growing issue of roadside parking by two-wheelers and cars, which has become a common sight near metro stations.

Land Acquisition and Coordination

PMRDA has approached municipal corporations to secure land for these parking facilities. The move is part of a broader strategy to improve last-mile connectivity and reduce traffic congestion in the city.

Impact on Real Estate

Infrastructure improvements like these often have a positive effect on surrounding property values. Areas near metro stations with dedicated parking are likely to see increased demand from homebuyers and investors. Better connectivity and reduced parking hassles make these locations more attractive for residential and commercial purposes.

For Pune's real estate market, this development signals continued focus on transit-oriented growth. Property buyers should watch these eight corridors for potential appreciation in the coming years.