Vivek Varrier, Kochi
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Marine Drive real estate market
Q: I am considering an investment in Kochi. Interested in Marine Drive. Can you please give me an idea about fair value of land there? And how costly is the market?

Latest Answer: Not just Marine Drive, even some areas of Thrikkanarvattom, which include some parts of Ernakulam North, have been priced at Rs. 56.85 lakh, followed by Thevara at Rs. 53.86 lakh. Kadavanthara is priced at Rs. 51 lakh per Are, and Ravipuram is priced at Rs 47.88 per Are.

Information about the progress of construction of Kochi Metro
Q: Hello all, the work of the Kochi metro is progressing, no? What is the status of the construction work? Is there any clue on when will it start?

Latest Answer: oh, for the construction of the metro station at ROB Pachalam, it has been decided by the govt. that those who give their property would get the appropriate compensation. But, i dont think that the people will get the market rate for their land. Will they?

Plans for Kochi metro extension till Kakkanad
Q: What are the plans regarding the kochi metro extension? And whats the status of the Phase 1. I want to invest in Kakkanad only. But wondering if thats going to be a good idea?

Latest Answer: I think this is a great place to invest. Kakkanad is already such a real estate gold mine. With the metro line being extended till here in the first phase only, big advantage. Prices are going to start soaring soon.

Kochi metro extension status - progress?
Q: I heard that the metro project is being extended. That's true? And whats the status on that?

Latest Answer: I know that as per the Detailed Project Report drawn up by the metro agency, the stretch will be dotted with 11 metro stations – Kaloor stadium, Palarivattom Junction, Palarivattom Bypass, Chembumukku, Vazhakkala, Kunnumpuram, Kakkanad junction, SEZ, Chittethukara, Rajagiri, Infopark I and Infopark II.

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