Q:
Hey, i missed the budget speech and wanted to ask what is the latest announcement regarding infrastructure development in the city. Thanks for the support!
Latest Answer: I wanted to tell you that the budget speech also highlighted the projects that were implemented by the local body during its term. Honestly this is a really encouraging to know what so much planning is going into making our city better.
Q:
Hey, i missed the budget speech, and was looking for some information about the bugdet allocated to the Kochi Metro Rail Project? Thanks for answering!
Latest Answer: A French overseas development agency, Agence Française de Développement (AfD), has promised approximately Rs 1,500 crore as a soft loan. Rest of the funds is expected to be raised from the Centre and the State under different heads.
Q:
I am planning to shift to Kochi by the end of this year and was looking for an apartment in vennala area. Can anyone let me know about the details of Kristal Emerald?
Latest Answer: Hey even the locality of the project is quite decent because the project is located in vicinity to major hospitals in the area including Healing Touch Reflexology, Life care Clinic Ernakulam, and Swiss Dental Care. Educational infrastructure around the project is also nice some of the institutes around the area include Academy of Fashion and Designing and St. Mary's LPS.
Q:
So I heard some interesting news that Kochi will get Rs. 624 crores to improve water transport. Who is the beneficiary? How will the project be developed?
Latest Answer: Precisely. The union government will run it through the Urban Development and Finance Ministries. Once tjay is completed I think a submission will be made to the German bank who will then again go through the details and approve the project. So basically this is a very lengthy process. Hoping to see this getting cleared soon.
Q:
Hi, Me and my partner are looking for a home in kadavanthra area of Kochi. What is Abad Knightsbridge completion status?
Latest Answer: "I was going through the floor plans of the apartments and seems like the builders have designed the living room in such a way that it looks spacious and also has an attached balcony and all the bedrooms have an attached bathroom. For more information click on this
ABAD knightsbridge details
Q:
Hi, I was looking for an apartment in Edapally. Any information on Nucleus Fairdale apartment project?
Latest Answer: Hey, The project looks good especially its proximity to schools, hospital, supermarkets and hotels. It is set two kms from edapally. The land approvals and the project approvals have been made by Kakkanad panchayath and Kerala state electricity board ltd.
Q:
Hey there, I need to know some detailed information about the locality of Karippassery which is in Kochi. Can I know what all facilities can I get in this region near to Kochi city.
Latest Answer: Here, most of the properties are actually individual houses, villas as well as plots are also available in some pockets. The price of an individual house is around Rs. 3,468 per square feet. Here, the plots are also a little costly than many parts as it is near to Kalamassery. It can start from Rs. 600 per square feet to rs. 1000 per square feet.
Q:
Hai everyone, i am very interested to find more about the real estate growth in Nedumbassery. recently, i heard that there would be some development in the airport road? is it true?
Latest Answer: oh, i gotta know that the traffic on the existing two-lane road almost multiplied in the past few years and so on. Now, according to the estimates, it is very likely that the traffic would double every five or six years. The existing condition is that during the peak hours, the number of vehicles on the road is 2200, with one car passing each direction every eight seconds. So, this four lane path will definitely reduce the traffic here.
Q:
Hi friends, me and my partner are planning to move to a house in Seaport Road in Kochi. Can anyone share some idea about the locality and the infrastructural facilities there? Please tell me about any developments in the area.
Latest Answer: The latest price trend of the seaport-aiport road is from the second quarter of 2013. I don't have the info for 2014. But, when i compare it with the market price that was in 2012, i see a huge difference. If in 2012, the avg price for a sq. feet of land was rs. 3090, the price in 2013, quarter 3 was rs. 3968. Clearly a 28% increase!! I see the infrastructure development as key to this phenomenon.
Q:
What is the condition of Kochi real estate at the moment? I think its not a good market for those who want to sell off property? Guys please discuss. Should I invest in Kochi or not?
Latest Answer: Yeah, some sewerage plant, and we can only know the price of these properties once that is completed. But the authority is not too excited about these studio apartments either, they think it will be hard for them to find takers for these too.
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.
Q:
Any plans to improve the roads here in Kaloor? Im planning to buy a house in this area, so was curious about the roads.
Latest Answer: Since this is the only part of the road where the width is less than 12 m on either side of the road, they will need to adjust it and make the width even. Including the metro line, it comes to about 12 m widening on either side.
Q:
How is the connectivity in Kaloor guys? I'm an NRI, and Im planning to invest in Kochi. I'm asking this question because in all my years of investment, Ive seen that infrastructure especially connectivity influences the market the most.. So please suggest
Latest Answer: The Kaloor - Kadavanthra road extends upto the Bund road in the south and the Punakkal junction in the north. The Salim Rajan Road and Kumaranasan Road also connects the KK road to Karshaka Link Road.
Q:
I wanna know about the SmartCity project progress, and whether it will affect the real estate prices in Edachira junction. It is bound to right, being located in the same locality. But tell me what you guys think. I need to make a fast decision about whether I should invest here or not.
Latest Answer: Other than this, they waterproofed the basement floor, and they are claiming they will finish works within 9 months. I think things aredefinitely moving forward with Smartcity, and you can invest around Edachira.
Q:
What is the traffic scene like in Tripunithura? Is it congested or smooth? I'll be shifting there soon, that's why Im asking. Dont want to be caught unawares
Latest Answer: I feel that the situation has gotten much worse ever since they closed up the pocket roads near FACT nagar. I think all these areas were shut down to create the approach road for the new flyover, but right now, its only adding to the major traffic congestion problem here.
Q:
Hey what’s happening on the Kaniampuzha Road? Any developments? Guys please discuss
Latest Answer: Actually there will be mostly a number of buses and trucks, because of the mobility hub. And not only the Kaniampuzha road, there are plans to widen the Vytilla-Pettah road as well. Both these roads will contribute in decongesting Vytilla, which has become a bit of an issue lately.
Q:
Anything for Kochi in the new union budget? Thinking of investing in this city, want to know about its future prospects.
Latest Answer: For example the Rs 250 crore Maradu water treatment project. The thing is that so far, the city has been only able to spend 46% of the allotted Rs 517 crores, and without further approval from the centre, nobody knows what steps to take. The projects are lying abandoned at the moment.
Q:
I wanted to know info about the Tower of Faith apartments in Kakkanad. I am shifting to Kakkanad soon so if anyone could help me out with this, I would be really grateful.
Latest Answer: Hi there, The Tower of Faith apartments in Kakkanad have 2 BHK and 3 BHK apartments available for use. The cost of a 2 BHK apartment would be anywhere around Rs 35.98 L to Rs 45.75 L and the price of a 3 BHK would approximately be around Rs 42.40 L to Rs 50.69 L. According to me , these apartments are worth their price. They are spacious and beautiful, surrounded by good view and a calm environment. You would definitely not say no to staying here.
