Summary:
“The PMC is financially responsible to the tune of Rs 951.6 crore to implement the Pune Metro rail project, according to agreements. The Maha-Metro had requested the plots to develop facilities for the Pune Metro rail project. “The committee should allow us to hand over the 17 land plots in the first phase under the conditions laid by the PMC,” said Rao. The Pune Municipal Corporation (PMC) has sought permission to lease 17 land plots worth Rs 20.68 crore to the Maharashtra Metro Rail Corporation (Maha-Metro) for Re 1 per year for the next 30 years. The civic body usually leases land through theAdvertisingtender process to the highest bidder, however, since the Pune Metro project is a government venture, it is being leased at Re 1 per year..