Real Estate Investment – a Comparison of Pune & Hyderabad

Total Page:16

File Type:pdf, Size:1020Kb

Real Estate Investment – a Comparison of Pune & Hyderabad Real estate Investment – A Comparison of Pune & Hyderabad A Publication of Table of Contents Introduction Chapter 1 – Real Estate in Pune Chapter 2 – Real Estate in Hyderabad Conclusion Introduction “This city is firmly in the limelight today, and will continue to be there for several years to come. Investors are reaping generous rewards for intelligent plays in the city’s growth pockets, and the city’s boundaries are constantly expanding to bring in more of such pockets. It is an unmatched opportunity across the mid- term and long term,” - Sanjay Bajaj, managing director – Pune, JLL India. Pune is the city to be in. Cosmopolitan and bussing with activity. As far as real estate is concerned, many areas in the city have exceeded the average capital value (CV) appreciation following infrastructure development, supply and absorption. Its inclusion among the 100 Smart Cities programme means that interest from multinational companies to set up and expand operations here will increase, which in turn will increase influx of workers and fuel greater demand from investors, even as local end- user demand stays unchanged. "The present property market is stable and showing signs of improvement. TheIntroduction twin cities of Hyderabad and Secunderabad offer world class infrastructure and amenities. The Hyderabad property show is poised to further accelerate the market and will provide the best real estate options to buyers. We strongly believe that this is the right time to purchase property as prices are going to increase in the near future. “ - N Jaiveer Reddy , President, Credai Hyderabad With the political turmoil post Andhra Pradesh’s bifurcation stabilizing, property prices having bottomed out in Hyderabad. The future looks bright. Low home prices and buoyant commercial activity makes the city a hotspot for home buyers and investors. 1 CHAPTER ONE Real Estate in Pune The Pune Story… …Pune… • Proximity to Mumbai (less than 3 hours by expressway) • Hub for educational institutions, IT & auto manufacturing with consistent economic growth Tata Motors, Kirloskar, Mercedes-Benz, Bajaj, TCS, Infosys, Wipro, Cognizant, Mahindra, Capgemini, L&T … • Pune is ranked No. 2 in India in ‘Mercer Quality of Living Rankings 2016’ • Second home for Mumbai investors …Pune… Continuing Socio – Economic Growth Story… • Average GDP growth rate: 8.23% • Growing population : Expected growth by 2020 Vs 2016 : 11% • Upcoming infrastructure – Pune Metro, Intl Airport • Cosmopolitan city with low crime rate • Included in the 100 Smart Cities programme • Real estate in areas like Hinjewadi, Marunji Road and Kharadi, where most of the IT & ITes companies are based, have a seen a positive trend in property prices over the last year. A number of new projects have been launched …Pune… • The industrial township of Pimpri-Chinchwad, just north of Pune city, houses over 4000 manufacturing units that contributes to the city’s economy • Pune is also the headquarters (south command) of the Indian Air Force and a large military training base • Other recent large scale investments in Pune include a Food Cluster Development project, aided by the World Bank, and an International Exhibition and Convention centre, set to open in 2017 • Improved physical and social infrastructure: due to the growth of large peripheral areas around Pune there has been a marked improvement in infrastructure. Earlier, only certain central areas like Bund Garden, M.G Road, Koregaon Park and Deccan had decent infrastructure, now outer areas like Aundh, Baner, Pashan, & Wakad also enjoy good infrastructure Pune Real Estate: Steady growth story over the last 5 years Super Premium end shows more fluctuation similar to other cities but the mass to upper mid ( 50006000 psf range ) is steady Growing Localities in Pune IT driven localities which are popular with end users and investors alike: • Kalyani Nagar: Located in the Eastern corridor, its strategic location between Koregaon Park and Viman Nagar together with its proximity to the airport, railway station, Kharadi and Hadapsar makes it an ideal destination for IT/ITeS companies. The Pune-Mumbai Expressway is also close by • Aundh: Located in the Western corridor, it has benefitted from the development of Hinjewadi IT Park. • Wakad: Located in the highly-developed PCMC area, Wakad is close to the Mumbai-Pune Expressway, IT hub of Hinjewadi and well connected to the PCMC industrial area • Baner: This area has seen a historical property value appreciation of 20-25 per cent. It benefits from multiple demand drivers such as serenity of location, presence of good social infrastructure, proximity to the Pune-Mumbai Expressway and the thriving IT hub at Hinjewadi and accessibility to Central Pune • Charoli: Located strategically near Pune’s Lohegaon Airport, it is ideal for homebuyers and investors looking for affordable housing. Other pluses include fast access to the railway station (11-km) and the IT hub at Kalyani Nagar, 9-km away. • Pimple Nilakh: Located in the Western suburb of Pimpri Chinchwad Municipal Corporation, Pimple Nilakh is a growing residential hub. Market drivers include proximity to the Mumbai-Pune Expressway and established areas of Baner and Aundh and Hinjewadi IT hub …Pune… Source: housing.com 2 CHAPTER TWO Real Estate in Hyderabad The Hyderbad Story… Source: indiamarks.com …Hyderabad… • 5 th largest contributor city to India’s overall GDP • 1 of only 2 cities in India where unsold inventory has not increased in 2016 • Hyderabad is ranked No. 1 in India in ‘Mercer Quality of Living Rankings 2016’ • Known as global center of IT. Contributed 15% of India’s and 98% of AP’s exports in IT and ITES sector • HITEC city – Extensive technological infrastructure – Home to more than 1300 IT & ITES firms • Voted as “second best Indian city for doing business” by World Bank Group • With 8% Q-o-Q growth, Hyderabad recorded the highest price increase among nine cities from an average price of Rs 3,589 per sq ft in the fourth quarter of 2015-16 to Rs 3,890 per sq ft in Q1 2016-17. (Source: Prop Tiger Data Labs) …Hyderabad… • Hyderabad is emerging as a new hub for luxury housing, with a 69 per cent share of total demand in this segment. This trend could be attributed to the affordability factor that comes along with luxury. (Source: Prop Tiger Data Labs) • Hyderabad recorded the highest annual price appreciation at 6% in Q1-Q3 2016 …Hyderabad… • The rental yields in Hyderabad are comparable to the top locations in countries such as Singapore, Hong Kong, Philippines • The ideal locations to invest in are towards the western corridor such as Gachibowli, Narsingi, Kokapet, Tellapur and Manikonda as high quality office spaces in Madhapur and Gachibowli will be occupied by the end of the year Conclusion The slowdown that has darkened the Indian real estate sector in the last 2 years presents a great opportunity for both end users and investors. Due to the slow housing growth, not only have the prices of homes become more affordable, but home loan rates are also low today. A lot of NRIs would like to invest in property back home but they are sitting on the fence as they do not trust developers. Now is the right time for these buyers to take the plunge as the Government of India has recently passed the Real Estate Regulatory Authority (RERA) Bill, which proposes several measures to address developer issues and fix more accountability. Both Pune and Hyderabad are good places to invest in. Both have growing economies especially the IT & ITeS sector and potential is limitless. 5 reasons to buy a home in Pune: 1. Property Value Appreciation 2. High Construction Activity 3. Developing Infrastructure 4. Small & Clean City 5. A Smart City Reasons to buy a home in Hyderabad: 1. Home prices bottomed out with stable government in Telengana 2. MNCs are starting to invest 3. Prices in most localities rising. HiTech City saw the highest increase in July 2016 of 8% (Prop Tiger) 4. IT sector vibrant & expanding Pune or Hyderabad, the point to remember is that prices of homes in both these cities are lower than any metro and yet they have all the conveniences of one. Whatever your choice, due diligence before investing is a must. .
Recommended publications
  • WAKAD - HINJEWADI Corridor Description and Rating Areas Included: Hinjewadi, Wakad and Marunji
    Corridor of growth WAKAD - HINJEWADI Corridor Description and Rating Areas Included: Hinjewadi, Wakad and Marunji Fig 1: Map of the corridor 02 Corridor of growth (COG) About the Corridor Introduction: The Hinjewadi- Residential development has has taken place to the east of Wakad Corridor represents a mix taken shape in Hinjewadi the Pune-Mumbai Highway. The of office space and residential through large township projects. southern part of the locality sits development. Hinjewadi is These have been launched under astride the main access road to predominantly an IT/ITES office the Special Township Policy Hinjewadi from the core areas of space hub with residential which encourages development the city. The northern part of the development while Wakad is of self-sustaining townships locality touches the other smaller primarily a residential hub with away from the city to assist access road (Dange Chowk Road). associated support amenities. in dispersal of population. This proximity to a major demand The Rajiv Gandhi Infotech Park at Minimum land area required is driver has made Wakad the most Hinjewadi has been developed 40 hectare or about 100 acre. preferred locality by consumers by the Maharashtra Industrial Five major projects in and around for both home buying and Development Corporation (MIDC) Hinjewadi are under-construction renting in Pune. wherein three phases of the under this scheme. These are Infrastructure: Apart from park are currently operational. Blue Ridge (Paranjape Schemes), two smaller access roads, there Hinjewadi is one of the two Life Republic (Kolte-Patil), is only one major access road to major IT/ITES office clusters in KUL Ecoloch (Kumar Builders), Hinjewadi from the east and this Pune and accounts for almost Megapolis (Avinash Bhosale creates serious traffic congestion 50% of all IT/ITES office space Infrastructure Ltd and Kumar during peak hours.
    [Show full text]
  • Chapter 1 Introduction
    CHAPTER 1 INTRODUCTION 1.1 BACKGROUND 1.1.1 Pune is well known as the ‘Queen of Deccan’ due to its scenic beauty and rich natural resources. Besides, it is famous for its religious and historical places. Pune city is known in the world map because of its educational, research and development institutions. The district also has an importance as an important military base. Pune is the most industrialized district in western Maharastra and a famous IT hub in the country. Pune exemplifies an indigenous Marathi culture and ethos, in which education, arts & crafts and theaters are given due prominence. Pune is the cultural capital of Maharastra. It is the birth place of the poet-saint Tukaram. It is the home of great freedom fighters like Bal Gangadhar Tilak, Agarkar and Gopal Krishna Gokhale. Jayant Narlikar, the famous contemporary scientist is from Pune. 1.1.2 Location - Pune district is located between 17 0 54’ and 10 0 24’ North latitude and 73 019 and 75 0 10’ East longitude. The district has geographical area of 15.642 sq km. The district is bound by Ahmadnagar district on the north-east, Solapur district on the south-east, Satara district on south, Raigad district on the west and Thane district on the north-west. Pune district forms a part of the tropical monsoon land and therefore shows a significant seasonal variation in temperature as well as rainfall conditions. Climate of the western region of Pune is cool whereas the eastern part is hot and dry. 1.1.3 Earhquake Prone Areas – Due to the presence of many structural hills within Pune district, it is likely place for earthquakes.
    [Show full text]
  • Seac-Agenda-0000000172
    Agenda for 77th Meeting of SEAC-3 SEAC Meeting number: 77 Meeting Date December 4, 2018 Subject: Environment Clearance for Environment Clearance for “8(b)” Township and Area development Is a Violation Case: No 1.Name of Project Proposed “Solitaire world” project 2.Type of institution Private 3.Name of Project Proponent M/s. Classic Promoters & Builders Pvt. Ltd. 4.Name of Consultant GREEN CIRCLE, INC 5.Type of project Residential & Commercial 6.New project/expansion in existing project/modernization/diversification Amendment in existing project 7.If expansion/diversification, whether environmental clearance Yes has been obtained for existing project 8.Location of the project Survey no. 578/1/2, 578/1/3 9.Taluka Haveli 10.Village Bibvewadi Correspondence Name: Mr. Vilas Tambe Room Number: - Floor: Level 8 Building Name: Solitaire World Road/Street Name: Mumbai Bangalore Highway Locality: Baner City: Pune 411015, Maharashtra 11.Area of the project Pune Municipal Corporation CC/2439/17 Dt.21/12/2017 12.IOD/IOA/Concession/Plan IOD/IOA/Concession/Plan Approval Number: CC/2439/17 Dt.21/12/2017 Approval Number Approved Built-up Area: 180910.78 13.Note on the initiated work (If only excavation as per old EC applicable) 14.LOI / NOC / IOD from MHADA/ PMC Other approvals (If applicable) 15.Total Plot Area (sq. m.) 66309.00 sq. m 16.Deductions 18134.05 sq.m 17.Net Plot area 48174.95 sq.m a) FSI area (sq. m.): 180910.78 18 (a).Proposed Built-up Area (FSI & b) Non FSI area (sq. m.): 180440.41 Non-FSI) c) Total BUA area (sq.
    [Show full text]
  • Call: 84 32 84 8000 L 74 10 00 0101 Web
    Dehu Road Railway Station RERA NO.P52100024264 Dehu Police Station Dehu Road Mamurdi LOCATION MAP Old Mumbai- Pune Highway Godrej Park Green Gahunje Int. Stadum Sant Tukaram Nagar Godrej Nurture Little Earth Masulkar City Kunal Iconia Lodha Mumbai- Banglore Ex-W Belmondo ay Road Symbiosis BRT College BRT Railway Line Nigdi Stop 1,1.5 & 2 BHK SMART HOMES Ravet-Aundh BR Celestial City 24 mt DP. Road Akurdi Chowk S.B.Patil T Road College Inox Cinema Pawana River Proposed Road D.Y.Patil College 1,1.5 & 2 BHK SMART HOMES Chinchwad Station Come with your dream we will take care of the rest. D.Y.Patil Kiwale Punawale College Mumbai- Banglore Express W Chapekar Tathawade Pawana River Chowk Ravet-Aundh BR Aditya Birla Hospital Pawana River T Road Marunji ay Dange JSPM Chowk Thergaon College T Hinjewadi owards Banglore IT Park Key Distances "SAI DHAM" The Project locaon has suddenly become the top of the town because of glamorous MCA Schools Retail Stores Hospitals Creaditors Cricket Stadium which is few Minutes from our site. In addion to this, it is turning out to be preferred Blooming Internaonal 1.5 KM Puneri Fresh Mart – 1 KM Ojas Mulspecialty Hospital -6 KM Architect Hans English Medium 2 KM Nawu Mall & Mulplex – 1 KM Pawan Hospital – 6 KM IP Associates locaon for homes buyers due to Located in North-Western Pune, it is surrounded with natural greens Lions Club -2 KM D Mart Kiwale -2 KM Lokmanya Hospital – 9 Km Legal Advisor blossom public school -6Km and gets ample fresh air.
    [Show full text]
  • An Introduction to Pune City's Mobility Ecosystem
    ———————————————————————————————————————————————————————————————————————————— An Introduction to Pune City’s Mobility Ecosystem ——— URBAN MOBILITY LAB AUGUST 2018 ———————————————————————————————————————————————————————————————————————————— www.rmi.org/pune 1 Table of contents ————— 03 Executive Summary 04 Introduction: The Urban Mobility Lab and contenPune as the First Lighthouse City 06 Pune City Needs Assessment Process and Objectives 09 Pune’s Stakeholder Ecosystem 14 Overview of Existing Policies and Projects 17 Challenges in Pune’s Mobility System 18 Opportunities for the Urban Mobility Lab to Support Pune’s Mobility System 19 Findings From Expert Interviews ————— Images: Shutterstock / iStock For further enquiries, please contact us at [email protected] 2 As part of the Urban Mobility Lab, Pune will host a 1. Public transit and non-motorized transit (NMT) have Executive multiday Solutions Workshop in October 2018, bringing been identified as the strong backbone of Pune’s together selected project teams, government officials, transportation system, and represent the biggest Summary and subject-matter experts with the goals of gathering opportunity for continued improvement and potential a common awareness and understanding of the city’s integration with new mobility solutions. ————— mobility ecosystem, supporting the development and implementation of a portfolio of mobility studies and 2. Pune has a portfolio of thoughtfully designed and Pune has been selected as the first pilot projects, and exploring opportunities for integration detailed policies and plans. There is an opportunity Lighthouse City as part of the Urban between projects and organizations. to support the timely implementation of proposed solutions through a structured and purposeful executiveMobility Lab, a program initiated by the In preparation for the Pune Solutions Workshop, RMI integration framework.
    [Show full text]
  • ADMINISTRATIVE MEDICAL OFFICER Maharashtra State Employees Insurance Society S.N
    ADMINISTRATIVE MEDICAL OFFICER Maharashtra State Employees Insurance Society S.N. 689/690, Ground floor, Panchdeep Bhavan, Bibvewadi, Pune-411037. Ph.No. 24214112, [email protected] ------------------------------------------------------------------------------------------------------------ ACCOMMODATION REQUIRED FOR MH-ESIS DISPENSARY AT PUNE DISTRICT Competent Authority, Administrative Medical Officer, Maharashtra Employees’ State Insurance Society, Pune invites EOI for hiring of dispensary premises having area as follows. excluding parking, lift, corridors, common area, balcony, lobbies etc. Details of the Location and required area are mentioned below. Sr. No Place Taluka Max. area up to (Sq. ft) 1 Kuruli/Chakan Haveli 1600 Sq.Ft. 2 Wagholi 3 Khed-Shivapur 4 Aalandi/Markal 5 Saswad/Jejuri Purandar 6 Baramati Baramati 7 Daund/Kurkumbh Daund 8 Rajangaon Shirur 9 Sanaswadi/Koregaon Bhima Khed 10 Shirur Maval 11 Rajgurunagar 12 Talegaon MIDC 13 Lonawala 14 Pirangut/Paud Mulashi 15 Marunji/Hinjewadi Accommodation must be on ground floor. Applications are to be submitted in the prescribed proforma. SCHEDULE OF EOI: Interested owners of premises should submit duly filled and signed Prescribed Proforma in two envelopes, one for technical bid and other for financial bid. Please clearly write on envelopes -(envelop for technical bid or for financial bid). Both envelops should be enclosed in a sealed big envelope along with self attested Xerox copies of all the relevant required documents. The big envelope must be superscribed with the words “Offer for Hiring of Premises for MH-ESIS ------------- (name of offered site”) and must reach by post or byhand before 16.03.2021 up to 5.00 PM to following address. “Administrative Medical Officer, Maharashtra State Employees Insurance Society, Sr.
    [Show full text]
  • Sufficiency Evaluation of Pune Metro Rail Networks (IJIRST/ Volume 2 / Issue 12/ 071)
    IJIRST –International Journal for Innovative Research in Science & Technology| Volume 2 | Issue 12 | May 2016 ISSN (online): 2349-6010 Sufficiency Evaluation of Pune Metro Rail Networks Akshay Salunke Suraj Alhat Student Student Department of Civil Engineering Department of Civil Engineering Pimpri Chinchwad College of Engineering Nigdi, Pimpri Chinchwad College of Engineering Nigdi, Maharashtra, India Maharashtra, India Mayur Dalvi Suraj Dubal Student Student Department of Civil Engineering Department of Civil Engineering Pimpri Chinchwad College of Engineering Nigdi, Pimpri Chinchwad College of Engineering Nigdi, Maharashtra, India Maharashtra, India Abstract As India is one of the fastest developing country in world the metro rail network plays an important role in cities transport system so it is now need of future to have an efficient and well effective metro rail network in city. The objective of this research is a preliminary examination of metro rail network extensiveness versus the city’s needs, aiming to assist the estimation of the adequacy of a metro network. This study is concentrated on comparing mature metro system in several large European cities with Indian cities based on a selection of indicators relating metro network characteristics i.e. Length and no. of stations, city characteristics eg. Population and density. A methodology exploiting these macroscopic characteristics in a strategic planning context was developed and a combination of related indicators is proposed. This methodology is applied for the estimation of the degree of adequacy of the current Athens, Greece metro network in a relation to city’s needs. Findings indicate that the Athens metro network cannot be yet characterized as adequate and specific proposals are made in terms of future network extensions.
    [Show full text]
  • PEOPLE NEAR TRANSIT, TRANSIT NEAR PEOPLE Shaping Public Transit to Serve Maximum, Pollute Minimum May 2019
    PEOPLE NEAR TRANSIT, TRANSIT NEAR PEOPLE Shaping public transit to serve maximum, pollute minimum May 2019 The Institute for Transportation and Development Policy works around the world to design and implement high quality transport and urban development systems and policy solutions that make cities more livable, equitable, and sustainable. This project is part of the International Climate Initiative (IKI) contents contents What is People Near Transit? 3 Comparison with Best 29 1 Practices Who benefits? 3 4 Highlights of the Pune PNT 8 Analysis 5 Recommendations 30 About Pune and 9 2 Pimpri-Chinchwad How the twin cities commute? 11 6 Glossary 31 3 Pune PNT Analysis 13 Density Distribution 13 People near Bus Transit 15 People near Frequent Transit 17 People near Rapid Transit 19 Notified Slums near Frequent 21 Transit School Children near Frequent 23 Transit Employment Centres near Frequent 25 Transit Frequency Heat Map of PMPML 27 Service 1 2 1 What is People Near Transit? In an urban environment, access to any form of transit within a comfortable walking distance is critical for the selection of a mode of transportation. The lack of walkability to public transport, along with the deficiency of other vital factors like frequency and safety, often result in people shifting towards unsustainable transport modes like personal motor vehicles. People near Transit (PNT) is an effective proxy indicator to measure how well a city provides transit access to its residents. It aids in assessing urban transport systems and services while exposing the accessibility gaps in the existing systems. Furthermore, the analysis facilitates the integration of land use and transportation, while providing guidance on the planning of future transit corridors with better frequencies.
    [Show full text]
  • Corrigendum.I!
    ( ( CORRIGENDUM.I! Name of work: RFP for Empanelment as General Consultant (GCl for various Projects of Maha-Metro Tender no ( Ma ha-Metro) : Ml/Consul -O3l 2OL9 S. No Clause No. As given in Empanelment Document Suggestions/Cla rifications Reply 1. Page 6 - Copy of client certificate in support of the details It is very difficult to get this information from The client certificate supporting the project Letter of like consultancy cost and scope of work, nature of the client in such a short notice specially for wise consultancy fees received can be lnvitation work for the above consultancy contract should clients located overseas. Hence, we request submitted by the bidder post award of Point 5.2 also be given for all such eligible project separately (c) MAHA-Metro to accept a copy of the JV contract, if not available at the time of agreement between the consortium submission of RFP. However, if the credentials members used by the bidder are found to be false then the contract, if awarded, will be terminated and Performance Bank Guarantee amount will be forfeited by Maha-Metro. Maha-Metro also reserves the right to proceed with the tender process further duly ignoring defaulting Consu lta nt. 2. Page 6 - The applicant/consortium has to explain the As per company policy we are unable to The clause stands modified as Letter of capability of in-house experts for all the four disclose the actual salary drawn by the lnvitation " The applicant/consortium has to explain the services namely civil, traction, rolling stock and experts.
    [Show full text]
  • Kolte Patil Life Republic Offer
    Kolte Patil Life Republic Offer Exclamational Voltaire still draped: adducible and hearsay Delbert outbalances quite dawdlingly but ejaculate her andloach aground. supplely. Azilian Allowed Tye and abscess, unacquainted his ignobleness Percy anesthetizes lactating kindle afield zestfully. and philosophized his overhang balkingly Launch event at kolte patil bioinformatics and performance level in Nothing can be a gated community being a variable component and delivered many projects at an event was organized, designing followed by allotment letter. It current an unfurnished property. These apartments are embellished with beautiful views where spaces do in come with limitations. Please first note that the company judge not verified the information and the compliances of the projects. The property has family good financial tie bow and hence just be purchased on a clean loan. We either first throw third party cookies, among others, Analytical and Advertising cookies, to analyze traffic, display ads tailored to flush likely interest rate improve user experience. He is punctual, courteous and so skilled I hardly could any pain then he draws the sample. Kolte Patil Developers and Planet Smart agriculture, a leading proptech company headquartered in the UK. Exclusive Plots Starting from Rs. OTP has already sent her your Mobile Number. This lease is registered under MAHARERA. Arezo has been designed to change until very way the live. Rajesh Patil is the single and Managing Director of some company. Called after the JS SDK has been initialized. The details displayed on the website are for informational purposes only. There really property rules and regulations, legal procedures, and loan hassles, not somewhere mention the infamous and energy used in finding property, checking them out physically and comparing them at other alternatives to transmit what suits you best.
    [Show full text]
  • Maharashtra Metro Rail Corporation Limited (A Joint Venture of Govt
    Maha-Metro August-2019 Maharashtra Metro Rail Corporation Limited (A Joint Venture of Govt. of India & Govt. of Maharashtra) (Pune Metro Rail Project) Name of Work: - Modification Of 110 KV Railway Transmission Line at Khadki, By Laying 132 KV Underground Cable. Tender No: - P1US-01/2019 AUGUST-2019 MAHARASHTRA METRO RAIL CORPORATION LIMITED (A joint venture of Govt. of India & Govt. of Maharashtra) 101, The Orion, Opposite Don Bosco Youth Centre, Koregaon Park, Pune 411001 E-mail : [email protected] Website : www.metrorailpune.com; URL E-Tender portal https://mahametrorail.etenders.in Pune Metro Rail Project 01 Maha-Metro August-2019 INDEX SR.NO PARTICULRS PAGE NO. 1. NIT SECTION-1 2. Instructions To the Bidder SECTION-2 3. Eligibility Criteria for single entity (sole bidder) 4. Instructions To the Bidder for single entity (sole bidder) 5. Eligibility Criteria for JV/Consortium 6. Instructions To the Bidder for JV/Consortium bidder SECTION-3 7. Tool Kit for using E-Tender portal of Maha-Metro SECTION-4 8. Bidding & Contract Form SECTION-5 9. General Condition of Contract SECTION-6 10. Special Condition of Contract SECTION-7 11. Specifications 12. Approved Vendor List of MSEDCL & MSETCL as annexure- A &B SECTION-8 13. Financial Bid Note: - The Bidder is advised to verify the documents mentioned in the above index & sign the index ascertaining of having verified Pune Metro Rail Project 02 Maha-Metro August-2019 NOTICE INVITING BID (NIT) E-Tender NOTICE MAHARASHTRA METRO RAIL CORPORATION LIMITED (Pune Metro Rail Project) (A joint venture of Govt. of India & Govt. of Maharashtra) 101, The Orion, Opposite Don Bosco Youth Centre, Koregaon Park, Pune 411001 Email: [email protected] Website: www.punemetrorail.org Tel.: 020-26051072 Bid Notice No.
    [Show full text]
  • Maha Metro Connect Year 03 Volume 03 March-April 2021
    Year 03 | Volume 03 | March-April 2021 Dear Colleagues, Best ever performance when conditions are the toughest and most challenging, is the hardest thing to achieve. But that is what has been precisely achieved by Maha Metro in Nagpur & Pune Metro Projects, in the month - March'21 and the year 2020-21 in terms of our physical & financial progress, despite the gravest challenges posed by COVID19 pandemic through the year. The following are the figures: PROGRESS PREVIOUS BEST Month March ‘21 Rs. 685 Crores Month March ’19 Rs. 669 Crores Year 2020-21 Rs. 3303 Crores Year 2018-19 Rs. 2894 Crores The credit goes to dedication, discipline and delivery of each and every • MD’s Message member of Team Maha Metro and the superb Team Work. No words • Four New Stations operational in can truly capture the exemplary bravery and sacrifice of all of you and Nagpur your families in the trying circumstances in delivering the above • Maha Metro using Pandemic performance. Period to its advantage • Balanced Cantilever Bridge over I compliment and congratulate all of you and your families not only for this outstanding performance but coming out victorious in the fight Railway tracks with this pandemic. • Maintenance Depot on viaduct • Pune Metro Multi-modal A total of 819 of our team members were unfortunately affected by Integration updates the pandemic, 418 of them have already overcame the challenge. • Tunneling under Mutha river However, 4 (Maha Metro-1, GC-1, Contractors-2) lost the battle • New Joinees & Project updates despite best efforts. Our heartfelt condolences to their families.
    [Show full text]