Pink Line (Pune Metro)

Pune Metro Line 3 of the Pune Metro is the third line of the city of Pune's under-construction mass transit network. It will run from District Court, Pune to Megapolis Pune in Hinjawadi. The 23.3 km (14.5 mi) line will be completely elevated and will have 23 stations and will align with the MahaMetro lines at the District Court interchange station. The construction will be taken up in two phases, the section between Hinjawadi and Balewadi is expected to be taken up first, followed by the section between Balewadi and District Court, Shivaji Nagar. A metro car shed will be built in Hinjawadi. The MIDC will provide 55 acres of land in Hinjawadi for setting up a Metro rail depot. On 3 August 2018, Pune Metropolitan Region Development Authority (PMRDA) announced the final bidder for the project — the joint venture Tata Realty-Siemens. Pune IT City Metro Rail Limited On 3 October 2018, Tata Realty-Siemens were awarded the contract to execute the project on a design, build, finance, operate and transfer model. The formal concession agreement was signed in September 2019 with the construction expected to begin in March 2020. The project is set to be completed in March 2026.