State cabinet approves transfer of land for Hinjewadi-Shivajinagar metro in Maharashtra

The Maharashtra cabinet has approved the transfer of 4.75 hectares of land in Balewadi for the Hinjewadi-Shivajinagar metro rail project (Corridor 3 of the Pune metro). Currently, about 95 per cent of land acquisition for the project has been completed. The project involves the development of a 23.3 km long metro rail system, connecting the Hinjewadi IT Park to Shivajinagar in Pune, Maharashtra. It is being implemented on a design-build-finance-operate and transfer basis under the public-private partnership model as Corridor 3 of the proposed Pune metro.