Pune: After year-long deliberations, the Pune Metropolitan Regional Development Authority (PMRDA) has decided to extend the Hinjawdi-Shivajinagar metro route to Hadapsar. PMRDA Chief Kiran Gitte on Monday said that the work of preparing a detailed project report for the extension will begin soon.
“The demand for the extension came in 2017 and after analysis, we have decided to go ahead with it. The details of the project will be decided soon,” he added.
Speaking about the progress of the Hinjawadi-Shivajinagar route, Gitte said that the work order of the project will soon be allocated to one of the three bidders: Tata Realty-Siemens, ILFS and IRB. Gitte said that the 8,000 crore project will consist of a 23.3-km corridor (Hinjawadi to Shivajinagar) with 23 stations and will be executed through a PPP mode.
“Unlike Mahametro, one of these three shortlisted companies will be build, operate and maintain the metro for 35 years,” he added. The Centre has approved Rs 1,300 crore viability gap funding (VGF) for the project. The State government is going to pitch in with another Rs 812 crore.
“We will allocate 26 hectares of land to the private company for the development of the project. We are also approaching the Pune Municipal Corporation as we will require land for the project. The private company can construct up to 48 lakh square feet of commercial construction to raise funds. Similarly, at a particular metro station, construction of 20,000 square feet will be allowed. The fare for a commuter travelling from Hinjawadi to Shivajinagar has been fixed at Rs 50. A fare change committee will be established to check for change in fares if required. The private company winning the bid will be given a time of three years to construct the project,” he added.
Speaking about the changes in the project, Gitte said that the alignment of the project has been changed in Balewadi.
”The new route is 200 metres short from the original one,” he said.