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The incident occurred near Magic Point hill on the old Mumbai-Pune highway around 8 pm, about 14 km from Lonavala hill station, an official said.
At least 49 students of a coaching class from suburban Chembur in Mumbai were travelling in the private bus, he said, adding they all are students of class 10.
”While returning from a picnic in Lonavala (located in Pune district), the driver of the bus lost his control over the vehicle in the ghat (hilly road) terrain near Khopoli due to the failure of brakes,” the official said.
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The deceased are identified as Hitika Khanna, a resident of Chembur camp, and Raj Rajesh Mhatre (16), a resident of Asalfa village in suburban Ghatkopar. The process to register an FIR was on, the official added.