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Kochi Metro

Hyderabad: Kochi-based start-up Village, India’s first incubator has expansion plans

Hyderabad: Kochi-based start-up Village, India’s first incubator has expansion plans
Kochi-based start-up Village is India’s first incubator that is funded jointly by the public and private sectors. This start-up village is adding about 1.25 lakh square feet space as part of the plan to house and support more start-ups. The additional spaceis expected to be ready by June next year. The chief executive officer of this [...] Continue Reading »

Metro extension to take place in Kochi

Metro extension to take place in Kochi
Union urban development minister Venkaiah Naidu said that Centre would favourably consider plans to extend Kochi Metro to Tripunithura and Kakkanad. The minister assured Kochi Metro Rail Ltd (KMRL) that the government would consider their request to allocate Rs 400 crore additionally in the current fiscal. This year, Kochi Metro is looking for a budgetary [...] Continue Reading »

Kochi Metro to sign term loan agreement with Canara Bank for Rs 1,170-cr

Kochi Metro to sign term loan agreement with Canara Bank for Rs 1,170-cr
In a Wednesday press release, Kochi Metro Rail Ltd (KMRL) has revealed that it will sign a term loan agreement with Canara Bank in Kochi on July 20. The KMRL-Canara bank loan agreement will be signed for an amount of Rs 1,170 crore. The term of the loan will be 19.5 years, with a 7-year [...] Continue Reading »

Kochi Metro decides to add value at all stations

Kochi Metro decides to add value at all stations
A roundtable conference was organized on Tuesday by the Kochi Metro Rail Limited. This meeting focused on the initiatives of property development initiatives. Not just that, views of almost 40 companies was taken into consideration. All these companies belonged to the realty, hospitality and sector of infrastructure. The Kochi Metro Rail Limited has also spotted [...] Continue Reading »

DB International appointed consultant for Kochi Metro

DB International appointed consultant for Kochi Metro
DB International (an engineering and consultancy firm) has declared recently that a safety and quality consultant will be appointed for the Kochi Metro. According to one of the statements, a contact has been won and it is the work of the company to act as a consultant for the Kochi Metro. This one is not [...] Continue Reading »

Kochi Metro project being put on the fast track

Kochi Metro project being put on the fast track
In an evident attempt to speed up the Kochi Metro work, the state government has efforts underway to ensure that the land required for the project is acquired in the next one month or so. With the owners of the project having directly issued guidelines – without the administrative sanction of the government -for the [...] Continue Reading »

Kochi Metro Rail Ltd asked to execute various development works of the corporation

Kochi Metro Rail Ltd asked to execute various development works of the corporation
The Kochi Corporation has directed Kochi Metro Rail Ltd (KMRL) to execute civic jobs or to adequately compensate the civic body for the land which is being acquired for the Metro project. Expressing its grouse about the allegedly inadequate compensation for the civic body’s land, the corporation said that it is willing to give land [...] Continue Reading »

No clarity in Metro land purchase order

No clarity in Metro land purchase order
The government order issued last week lacks clarity on the procedures to be adopted while purchasing land. Also there is confusion whether the registration fee and stamp duty will be waived off. Due to this, the revenue officials are unable to start procedures to acquire the remaining land required for the Metro project. Amid criticism [...] Continue Reading »

Special measures demanded by metro-hit Kochi traders

Special measures demanded by metro-hit Kochi traders
The Kerala Chamber of Commerce and Industry (KCCI) today has advised the state government to sufficiently recompense the commercial and industrial formations functioning in the areas falling under the Kochi metro rail project for the loss being underwent by indebted to the metro rail works. The state government had not kept the promises given by [...] Continue Reading »

Blame game on: Metro trapped in land muddle

Blame game on: Metro trapped in land muddle
For the inordinate land acquisition delays of Kochi Metro, who’s to blame? As the agencies involved in the procedure such as the revenue department and the Delhi Metro Rail Corporation (DMRC) are blaming each other for the cause, the latter has already gone on record about the project going well beyond the December 2016 deadline. [...] Continue Reading »



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