PMRDA Expected to Get Land for Pune Metro on January 2020
Pune: The central and state govt departments are expected to transfer land for proposed 23.3 km 2rd Metro Line from Hinjewadi-Shivajinagar by the first fortnight of January 2020.
Approximately 2 hectares of land is required for the project in which 1.49 hectares will be acquired from the state govt and 0.96 hectares from the center.
The Union government has given an “in-principle” agreement for the land. The state govt, too, has given consent and in the coming weeks the land is expected to be transferred for the metro project after due discussions”, said Pune Metropolitan Region Development Authority (PMRDA) commissioner Vikram Kumar.
There are several state govt departments such as Rajbhavan, Balewadi sports complex, Police recreational hall, Civil court, Revenue department, COEP hostel, and MSEB that will transfer land for the Pune Metro Rail Project for the running section, station, and staircase for the elevated metro line. “NCL, Central Bee Research Institute, IMDA, RBI, LIC, and AIR will be from central government departments will have to transfer land mainly for the station area and staircase”, said PMRDA official.
Another PMRDA official stated that the land parcels will be assigned to the concessionaire consortium of TRIL Urban Transport and Siemens Project Ventures. Once 90% of the land is transferred, work can start on the metro line.
The departments granted to transfer the land at the earliest and he would take a round of talks in the coming week to carry out it at the earliest.
The Phase-1 of around 8 km from Hinjewadi to Balewadi is supposed to be operational by 2020-end. There will be 23 stations on the complete metro stretch. The project has been suggested to be completely operational by 2023.
The project is being developed on design, build, finance, operate, and transfer (DBFOT) method with the initial grant period of 35 years. The project implementation will start from February 2020 after the alliance has 100% of land in its hold.
The Alliance of 74:26 % (Tata Realty and Infrastructure; and Siemens Project Ventures) will take a share of the profits for the first 20 years and then part with some share from the 21st year in their 35 year agreement.
