PMRDA i.e. the Pune Metropolitan Region Development Authority has pushed the operational deadline for the Hinjewadi-Shivajinagar metro project to 2023. The project is currently under-construction.
Before this, the project was scheduled to be operational in 2022 but the same has been extended. The corridor is proposed to have an elevated stretch to connect the IT hub at Hinjewadi to other parts of the city. However, the first phase of 8km between Hinjewadi and Balewadi is likely to be operational by 2022 and the leftover stretch will be opened for public use by January 2023.
The technical issue at the Kamgar Putla slums and University circle has let PMRDA extend the deadline. Replying on the issue, the Pune Metropolitan Region Development Authority has said that the issue will be resolved soon as the authority will sign a consortium with Tata Siemens in France to deal with metro operations.
This decision is taken after MMRCL i.e. the Mumbai Metro Rail Corporation Limited (MMRCL) collaborated for the Colaba-SEEPZ metro corridor. Apart from this, the authority has also made efforts to acquire minimum land from 6.26 hectares to approximately 2.5 hectares. PMRDA mainly focus on minimalistic land procurement majorly from private players to reduce the project cost.
The metro project is going to offer a facelift to the property market of the Pune city as multiple commercial and residential projects are proposed on the sides of metro lines.
Prior to this, the Pune Metropolitan Development Authority planned to make the stretch between Hinjewadi and Balewadi operational by 2020. This route is a part of third Metro corridor and has a total stretch of 25.5 km long that goes upto civil court from Maan. The estimated cost that will be incurred to for the development of this route values Rs. 8,313 crores.