Impact of Kochi Metro rail project on Kochi real estate

There is no denying the fact that Kochi Metro project is going to add value to real estate prices across the city. If conservative estimates are to be believed, the overall real estate across Kochi including Fort Kochi is likely to give returns between 8 to 10 percent on investments made as of today. The regions with close proximity to the Kochi Metro route would easily give more returns compared to other parts of the city. Good urban connectivity is one of the most important factors when it comes to correlating realty prices. The International Container Transshipment Terminal (ICTT) near Port Kochi and the integrated transit terminal of Vyttila Mobility Hub along with the Kochi Metro are sure shot game changers as far as real estate pricing in the city is concerned.