New Delhi, June 25 -- The Union Cabinet on Wednesday approved Phase 2 of the Pune Metro Rail Project, which will extend the existing Vanaz-Ramwadi corridor. The decision was taken at a meeting chaired by Prime Minister Narendra Modi.

Phase 2 includes two elevated corridors: Vanaz to Chandani Chowk and Ramwadi to Wagholi/Vitthalwadi.

These two corridors will span 12.75 km and include 13 stations, covering suburbs such as Chandani Chowk, Bavdhan, Kothrud, Kharadi, and Wagholi.

According to an official statement, the Phase-2 project is scheduled to be completed in four years. The estimated cost of the project is Rs.3,626.24 crore, which will be equally shared by the Centre, the Maharashtra government, and external bilateral or multilatera...