Real Estate Pune
Pune: PMC Allocates Land for Padmavati Metro Station in Dhankawadi
By GeoSquare News Desk · Published 2026-11-06
The Pune Municipal Corporation (PMC) has approved the transfer of 665 square metres of land in Dhankawadi for the construction of the Padmavati Metro station. This move is part of the city's expanding metro network, aimed at improving last-mile connectivity and decongesting major arterial roads.
Infrastructure Boost for Dhankawadi
The land transfer signals a significant infrastructure push for the southern corridor of Pune. Once operational, the Padmavati station will link Dhankawadi directly to key commercial and residential hubs, reducing travel time and enhancing daily commutes for thousands of residents.
Real Estate Impact
Areas around upcoming metro stations often witness a surge in property demand. Dhankawadi, already a well-established residential locality, is expected to see renewed interest from homebuyers and investors. The improved connectivity is likely to support rental yields and long-term capital appreciation, making it a favourable zone for real estate transactions.
Local property experts suggest that the development will particularly benefit mid-segment housing and commercial spaces near the station. With the metro project progressing steadily, Dhankawadi is poised to become a more attractive option for those seeking balanced urban living with easy access to transit.
As the metro network expands, similar land allocations across Pune are anticipated, further shaping the city's real estate landscape. For now, the Padmavati station marks a positive step towards integrated urban mobility and sustainable growth.