While the Pimpri-Chinchwad Municipal Corporation (PCMC) to Nigdi (elevated) metro route has got the green signal from the Public Investment Board (PIB), the Swargate to Katraj (underground) metro route is under scrutiny by the PIB and will take longer to be approved. The estimated cost of the PCMC to Nigdi elevated metro route is ₹910 crore whereas that of the Swargate to Katraj underground metro route is ₹3,663 crore.
Shravan Hardikar, managing director, Maha-Metro, told the Hindustan Times, “Last week, we made a presentation to the PIB on the PCMC to Nigdi extended metro route. The PIB will now issue minutes and recommend it to the Ministry of Housing and Urban Affairs (MoHUA). The MoHUA will then issue notification. The process is in the final stage.”
