The Pune–Satara expressway, a key segment of the Golden Quadrilateral, has been acquired by Cube Highways and Infrastructure III for Rs 2,000 crore. This deal marks a significant shift in ownership and investment in India's road infrastructure, reflecting renewed confidence in the sector.
Punesatara ExpresswayCube HighwaysToll Road AcquisitionHighway InfrastructureSustainable TransportReal Estate PuneAug 24, 2025
The Pune–Satara expressway is a 140-kilometre, six-lane corridor that connects two major cities in Maharashtra. It is a vital part of the Golden Quadrilateral, facilitating efficient freight and passenger movement across western India.
The Pune–Satara expressway is being acquired by Cube Highways and Infrastructure III, a Singapore-based platform with a growing presence in India’s toll road sector.
The acquisition of the Pune–Satara expressway is valued at Rs 2,000 crore, representing a significant transaction in the highway sector.
The outgoing company will gain equity proceeds of Rs 600 crore and reduce its consolidated debt by nearly Rs 1,400 crore, improving balance sheet strength and releasing capital for new investments.
The acquisition aligns with sustainability goals by bringing in global capital standards, improved safety protocols, and digital tolling solutions, contributing to smoother and cleaner transport systems in India.
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