Pune's Bhide Bridge closure marks a significant step forward for the city's metro project, promising improved urban connectivity and reduced traffic congestion.
Pune MetroBhide BridgeUrban DevelopmentTraffic CongestionSustainable TransportReal Estate PuneApr 19, 2025
The Pune Metro project is a joint venture between the Pune Metropolitan Regional Development Authority (PMRDA) and the state government aimed at improving public transport in Pune. It includes the construction of a 38.55-kilometer metro network with 33 stations across two corridors.
Bhide Bridge is being closed to facilitate the construction of a new metro station and elevated tracks as part of the Pune Metro project. The closure is expected to last approximately 18 months.
The Pune Metro project is expected to reduce traffic congestion, improve travel times, promote eco-friendly commuting, create jobs, and boost the city's economy. It is also expected to enhance the quality of life for residents.
Commuters may face some inconvenience during the closure, but the PMRDA and PMC have devised alternative routes and shuttle services to help navigate the city. The traffic department is also involved to ensure smooth traffic flow.
The first phase of the Pune Metro project, which includes the stretch from Vanaz to Pimpri, is scheduled to be operational by 2024. This phase is expected to serve over 100,000 passengers daily.
KSH Infra's foray into Southern India, Rs 450 crore investment in logistics and warehousing, sustainable development in real estate
The Indian real estate market has seen a significant increase in construction costs, up by 11% in 2024, leading developers to reassess their budgets. This rise is particularly notable in the office and industrial sectors, where new completions have surged
Vistry Group, a prominent player in the UK real estate market, has issued three profit warnings since last October. Despite these challenges, the company remains cautious and has reaffirmed its forecast for 2024 adjusted pre-tax profit at around £250 mill
The Confederation of Real Estate Developers' Associations of India-Maharashtra Chamber of Housing Industry (CREDAI-MCHI) is set to host its 32nd Property Exhibition, offering exclusive deals for women homebuyers. This event is a great opportunity for wome
Maia Estates has secured a significant investment of Rs 1000 crore from CapitaLand, marking a major milestone in the development of The Beacon. This collaboration aims to revolutionize the commercial real estate landscape in India by integrating innovativ
The real estate market in major Indian cities, including Mumbai, Delhi-NCR, Pune, Chennai, and Kolkata, is expected to see a significant drop in home sales by 28% in early 2025. This decline is attributed to various economic factors and market conditions.