"The 23-km elevated Metro Line 3 connects Pune’s prime IT district with the city center. We examine transit-oriented development and property price trends along the route."
The 23.3-kilometer elevated Pune Metro Line 3 connecting Megapolis Circle in Hinjewadi to Shivajinagar Court is the single most critical mass rapid transit line for Pune’s tech economy.
Slashing Commute Times
Commuting between Central Pune (Shivajinagar, Deccan) and Hinjewadi Rajiv Gandhi Infotech Park currently takes anywhere between 75 to 110 minutes during peak hours. Metro Line 3 will compress this commute to under 40 minutes, completely reshaping residential preferences.
Transit-Oriented Development (TOD) Boom
Along stations such as Balewadi Stadium, Wakad, Hinjewadi Phase 1, and Phase 2, developers are launching high-density mixed-use developments combining luxury residences, co-working facilities, and retail promenades.
Harini Balasubramanian
Real Estate Research & Advisory Team
Published by Foresight Realvision Editorial Desk. Delivering transparent, data-backed guidance and comprehensive asset management across Pune.