Commencement of the Kochi metro commercial operation
Q: Hello, I am planning to settle down in Kochi. I am interested in an area near to the Kochi Metro. But, first, can I know the details of the Kochi Metro..
The coming of the KMRL will be a great leap forward in the Real estate sector of kochi..As the Metro will start from the Aluva region and pass through all the major city areas, towards the Maharajas college, I think that these areas where the metro passes will become highly commercial in nature. And the areas adjacent to it will become a very expensive residential circle.
Yeah..I think that the bid for the coaches was the biggest single contract. The contract amount was around 5,181 crore rupees. The manufacturers will have to design, manufacture, supply, test as well as commission coaches at least by December 2015 for the trial run to begin in early 2016.
Oh..telling about the train coaches, I came to know that the French Multinational Company called the Alstom has won the bid to supply around 75 coaches for KMRL. From the information that I got, I came to know that the Alstom has a manufacturing unit in the Space city, Tamil Nadu. This means that the Kochi Metro can get coaches made in India based upon the European Technology.
Yeah..I think that the project is being progressing on a time-bound manner. But, one thing is that the DMRC is yet to give the manufacturing clearance for the rolling stone procurement because lately there has been some variations in the tender and product specifications.
Oh..true, Recently only, in the news, there was mentioned that the plans have been made for the Kochi Metro Rail project to commence the commercial operation by June 2016. It will be along the 18 km stretch from Aluva to Maharajas College, from what I came to Know.
From where are they getting the coaches for the KMRL? Tell me about the contracts that has been signed lately, and the progress of the Kochi metro project. What is the real estate prospects of this project?