Kochi Metro

Q: I am planning to buy a property near Vytilla. When will the construction of the Kochi Metro be completed?

Sreekutty Nair, Kochi

1st May 2014

Buying property in Kochi

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You should go ahead and buy the property near Vytilla and you should buy it soon as the rates are rising. Even if you want to buy land as an investment, you should do so as the rates are rocketing by over 40%. The metro will be finished by 2016 and will have 22 stations. You can buy property at areas like Pallarivattom, Kaloor, Edapally, Kalamassery and Angamaly where the rates are between Rs. 2,500 and 5,000 per sq. ft, and even lesser in some places

Ganesh Nambiar, Kochi

2nd June 2014

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The Metro will be fully operational by 2016. Since the traffic situation in Kochi has increased, there was a need for a metro rail in Kochi. The metro will be 25 kilometres long, and will be from Aluva to Pettah. You can also purchase property near South Ernakulam, or Edapally other than Vytilla. If you want to invest in land, the land near the metro line is an ideal place to buy property. The prices are increasing by 15-20 per cent and the prices are predicted to rise by 40-50 per cent in the future.

Rajneesh Nambeesan, Kochi

1st May 2014

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