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News Entry# 560272
Jul 13 (20:33) Pune Metro to Develop Retail and Commercial Complex Above Swargate Station
Metro
PMRC/Pune Metro
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News Entry# 560272   
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Swargate Metro Station’s Commercial Complex Set to Boost Pune’s Urban Development

Pune Metro is developing a retail and commercial complex above the Swargate Metro station, one of the city's busiest transport hubs. The project, divided into two phases, will be executed under a Public-Private Partnership (PPP) model. Phase 1 involved constructing the station itself, while Phase 2 focuses on the retail and...
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commercial complex. A tender was floated in March, and the closing date is July 16. The site is strategically located and well-connected to various areas, including Hadapsar, Fursungi, Dhankawadi, and Bibwewadi. It also serves as a terminal point for Corridor 1 (Pimpri-Chinchwad) and has intercity and city bus terminuses operated by the Maharashtra State Road Transport Corporation (MSRTC) and Pune Mahanagar Parivahan Mahamandal Limited (PMPML). Pune Metro is developing a land parcel of approximately 17,000 square meters at Swargate, designed to integrate seamlessly with bus services, private vehicles, and pedestrian access. The project includes a multi-storied building with six floors above ground, two basement parking levels, and upper and lower concourse level property spaces and parking, totaling approximately 77,373 square meters. After initial development, the project will be handed over to the selected bidder on a long-term license basis for marketing, operation, and maintenance for thirty years, with the option to extend for another thirty years.

Pune Metro, Swargate Metro station ke upar ek retail aur commercial complex banane wala hai, yeh city ka ek bahut busy transport hub hai. Project, do phase mein divide hai, Public-Private Partnership (PPP) model ke under execute hoga. Phase 1 mein station ki construction thi, aur Phase 2 mein retail aur...
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commercial complex banaya ja raha hai. March mein tender nikala gaya tha, aur closing date 16 July hai. Site strategically located hai aur Hadapsar, Fursungi, Dhankawadi, aur Bibwewadi jaise area se well-connected hai. Yeh Corridor 1 (Pimpri-Chinchwad) ka terminal point bhi hai aur Maharashtra State Road Transport Corporation (MSRTC) aur Pune Mahanagar Parivahan Mahamandal Limited (PMPML) ke intercity aur city bus terminuses bhi hain. Pune Metro, Swargate mein 17,000 square meter ki land parcel develop kar raha hai, yeh bus services, private vehicles, aur pedestrian access ke saath seamlessly integrate hone ke liye design kiya gaya hai. Project mein six floors above ground, two basement parking levels, aur upper and lower concourse level property spaces and parking ke saath ek multi-storied building hai, total area 77,373 square meters hai. Initial development ke baad, project ko selected bidder ko long-term license basis pe handover kiya jaayega, yeh marketing, operation, aur maintenance ke liye thirty years ke liye hoga, aur thirty years ke liye extend bhi kiya ja sakta hai.
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