Kochi: The proposed Metro which is expected to come up in Kochi has pushed the real estate development to the next level in this city. Approval from the Centre has flagged off the Metro Rail project in Kochi which is expected to be completed by 2016. The estimated cost for this proposed Metro is somewhere around Rs. 5181 crore. Kochi being a fast developing Metropolitan city is facing congestion troubles. IT companies have invited migrants from across the country to this city. The need for more space and efficient transportation systems has strengthened the reason for introducing Metro in Kochi. To ensure better traffic flows and resolve congestion problems, the State Government has accepted the proposal of laying the foundation of the Metro Rail in Kochi.Kochi Metro Rail Route:The proposed Metro will be laid down along the following route touching areas like Pettah, Punithura, Thykoodam, Vyttila, Elamkulam, Fathima Church, GCDA, Ernakulam, Maharaja’s College, Madhava Pharmacy, Lisie, Kaloor, J.N Stadium, Palarivattom, Edappally Station, Edappally Junction, Toll Junction, Pathaipalam, Kalamassery, Jacobite Chuch, Appolo Tyres, Muttom, Ambattukavu, Company Pady, Pulinchodu and Aluva.Work on this project has already picked up pace. This has already lead to 20-30% increase in the prices of the property adjoining Metro. Even the outskirts of the city is seeing inception of newer residential and commercial projects. With Metro ensuring better connectivity within the city, developers have plunged into multifold property development in and around the Metro. Apart from residential, commercial spaces have also come up in the areas adjoining the Metro. Property prices are expected to go up even further with the introduction of Metro.With the proposed Metro launch infrastructure and real estate of Kochi is assured of a facelift in the coming years. займ на карту без отказов круглосуточновзять кредит онлайн
