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Real Estate Forum on Kochi Metro Rail

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hello, I heard that the metro project required some 1 acre or so of land in the Edapally area. What have they done about it? Do you have any idea?
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Q: Hello, What is happening with the Kochi Metro work? I have heard that a lot of things are not going as per schedule. How are they going to tackle this? So any of you have any updates?
Latest Answer: They actually discussed about expediting the work of metro stations and depot at Muttom. It was also decided to organise project steering committee meetings more frequently to monitor the works closely and also to keep the communication line open.
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Q: Hello, Is the land acquisition process done for the KOchi Metro? How long will this process take?
Latest Answer: With regards to the bar owner, the revenue officials have not got any instructions from the KMRL, the agency which is to give the requisition letter for acquiring land and action will be taken once they receive the letter.
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Q: Hello, what is happening with the Metro? I heard that they are looking forward to the budget for the completion of the phase I?
Latest Answer: The metro authority has not yet taken the loan from the Canara bank but it has taken some from the AFD over the past two of the union budget session in 2012-13 and 2013-14 sessions.
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Q: Helo, how is the real estate market in kochi as of now? Are there any more investments in the city? I heard that the Skyline builders are planning for some investment in the city.
Latest Answer: This is true. Looking for some affordable housing units or residential projects in the city of Kochi is retty tough right now, as many people are moving into the city and are looking for property in here. Also, the NRIs are also looking for investment in some property in here, which is why the prices of residential projects are going up so high.
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Q: Hey by when can we expect the metro station in edapally to be up and running?
Latest Answer: Hello! the Kochi Metro is coming up in edapally and will be ready by 2017. Right now it is still under construction.
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