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Kochi Metro | KMRL to enter into realty sector to build European styled apartments

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Kochi: If all goes as planned the Kochi Metro Rail Ltd (KMRL) will soon enter the city’s realty sector. The Metro agency’s entry into real estate targeting middle class home buyers is expected to redefine the sector.

In a recent talk delivered by KMRL managing director Elias George, he firmly stated the Metro agency’s readiness to plunge into the sector. “We are going to do real estate business,” he said, adding, “We are confident that we can give the best possible fittings and flats.”

KMRL expects to generate revenue of approximately Rs 1,000 crore through the sale of these apartments.

Kerala government has provided 18 acres of land to KMRL at Kakkanad, where old NGO quarters are located, and the flats will come up here.

The Metro agency intends to develop European-styled apartments which are of 1,000-1,200 square feet. These apartments would cost less than what the front runners in the sector are selling now, he said.

The KMRL managing director said there is going to be a huge demand for it. “We are clean dealers and we got the KMRL brand equity. We can give a young couple say for Rs 30 lakh a level of sophistication in our flats, which only the best guys in Kerala can provide,” said George. This indicates that the Metro agency will be able to sell flats at the rate of Rs 2,500 per sq feet.

Though CREDAI representatives view such challenges positively. However, they cautioned that it would be tough task for KMRL to sell apartments at such low rates. “As the land is provided by the government the land cost might not be a major factor for KMRL. Moreover, they will be able to get tax exemption, and also there is a possibility of government intervention to facilitate pre-contracted rate system. These factors are expected to help KMRL in offering apartments at lesser rates,” said a Credai representative.

It is pointed out that prominent builders offer premium apartments in Kakkanad at a rate of Rs 5,000 per sq feet. The construction cost of these are between Rs 2,750 to Rs 3,000 per sq feet. Apart from this there is land cost which is between Rs 1,000-Rs 1,250. Then there are other costs which is involved in getting approvals and funding. This will take the cost to Rs 4,000 per sq feet. According to builders while it is almost impossible to bring down the cost involved in the construction of the structure, there is a possibility to reduce the cost involved in executing works involved in the final stages like bathroom fittings, flooring, fire and safety and landscaping.

“The builders normally charge a margin of 10 % -15 %. When we take into account all these factors mentioned above it will be a real challenge to sell apartments below the rate of Rs 3,750 per sq feet,” said the Credai representative.

Source: TNN

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Govt. of India approves new Metro Rail Policy 2017

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Make in India metro coaches

New Delhi: The government today approved a new metro rail policy for expanding the metro network across various cities in the country, officials said.

The new policy was approved by the Union Cabinet chaired by Prime Minister Narendra Modi.

The metro policy will talk about standardising norms and developing a procurement mechanism for implementation of the projects. It will also talk about funding and financing, officials said.

Delhi Metro recently raised the price of its ticket by up to 50 per cent for an average ride of 15 to 24 kilometres effectively taking the fare out reach for poorer income groups. The rationale offered by the Corporation is that it is necessary to keep it profitable. In the process, the benefit of the Metro to provide long-distance travel to low-income groups has gone for a toss. It is an example of tunnel-vision based accounting that the financial rate of return imposes on broad spectrum infrastructure projects.

The alternative floated by the central government on Wednesday requiring a higher than before commitment from states and public-private partnership (PPP), in terms of land clearances and funding obligations is more practical. The policy stipulates a shift from the present ‘Financial Internal Rate of Return of eight per cent’ to ‘Economic Internal Rate of Return of 14 per cent’ “in line with global best practices”  The new policy aims to encourage private investments across a range of metro operations through a PPP route for availing of central assistance for new projects. Private investment and other innovative forms of financing have been made compulsory to meet the huge resource demand for these capital-intensive schemes.

It is rarely possible for an urban transport project to be profitable. Yet for high-density populated cities infrastructure projects need to be constructed, says Shailesh Pathak, chief executive-deisgnate of L&T IDPL —the company executing the Hyderabad metro project. “The returns from these projects have to be assessed taking into account environmental costs, equity costs and so on”. For example, the Shanghai metro charges 3 and 4 yuan for journeys upto 16 kilometres, effectively encouraging all income segments to board. The costs that are saved are in terms of people opting for public transport  instead of taxis, bus et al. Writing sometime ago in Business Standard, Dinesh Mohan, one of India’s veteran commentator on transport economics, noted “One could demand lower fares if the Delhi metro operated as a service for the public good. But, in truth, the Delhi Metro has never presented itself as a public service, but more as a prestige project”.

Once those costs are built into the project instead of limiting the costs to only traditional ones, it is easy to understand why projects like city metros cannot be financed only through government handouts.  As a top former urban development department official said in the new policy a metro can be built as a joint venture between state and central government or it can rope in a private sector company.

Dinesh Mohan suggests those using cars should be taxed more to pay for the Metro subsidy. Metro man E Sreedharan thinks it is the government (state or central) which will have to foot the unlimited liability of building and running metros. He told Indian Express, “Nowhere in the world has the construction and maintenance model of PPP in Metro rail completely succeeded”.

There is certainly no doubt the track record of Reliance Infra with Delhi’s airport line or Mumbai Metro does not inspire confidence.There is also little reason to believe that any other private sector company will be more socially attuned at the cost of its profit.

Yet is it fair to expect a government to choose between running hospitals and that of a metro within a limited budget, though the vocal public will make it choose the latter! At the end of the day bringing in an outside entity allows for more realistic recognition of the actual cost of such projects. This is vitally necessary to ensure these projects are built on tight deadlines and cost control. No government department can ensure that. As of now of the eight metro projects running in Delhi (217 kms), Bengaluru (42.30  kms), Kolkata (27.39 kms), Chennai (27.36 kms), Kochi (13.30 kms), Mumbai (Metro Line 1-11.40 km, Mono Rail Phase 1-9.0 km), Jaipur (9.00 kms) and Gurugram (Rapid Metro-1.60 km) has only two private sector players. The rest are joint ventures between the centre and the state governments. There are 13 more cities planning metros. Given the state finances it is impossible to expect that scarce public resources acutely needed for health care and education can be diverted to build these instead.

At present, metro projects with a total length of more than 370 km are operational in eight cities – Delhi, Bengaluru, Kolkata, Chennai, Kochi, Mumbai, Jaipur and Gurugram.

Metro projects are also under way in Hyderabad, Nagpur, Ahmedabad, Pune and Lucknow.

To read more about the salient features and insights of new Metro Rail Policy, kindly subscribe Metro Rail News Magazine today.

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Amadeus research reveals astounding diversity amongst Asia Pacific travellers

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Singapore: Asia Pacific today sits at the heart of the global travel industry. It’s already the world’s largest travel market, even though the vast majority of its population have never crossed their country’s borders. Consider that in China, the world’s leading outbound market, less than 9% of its population owns a passport[1].

This makes the Asia Pacific traveller a force to be reckoned with – one that presents the greatest opportunity for the travel industry, but also many challenges.

According to Albert Pozo, President of Amadeus Asia Pacific, “Travellers are the bedrock of travel, and there is no traveller today quite as important as the Asia Pacific traveller. Yet the irony is that even as we talk about the ‘Asia Pacific traveller’ – it doesn’t exist. The diversity we see across nationalities, gender and generation in this region is astounding. More than that, our research has showed us that the preferences, behaviours and demands of travellers vary enormously from one country to another. The industry must come to grips with this. The one-size-fits-all approach is a thing of the past.”

Amadeus today publishes a new Asia Pacific traveller study, “Journey of Me Insights: What Asia Pacific travellers want” that will move the industry towards a closer understanding of travellers in the region. From when and how travellers plan and book their trips, to how and why they want to stay connected while travelling, to how frequently they use sharing economy services, and the types of new technologies they would be most interested in, the study takes a multi-faceted look at what Asia Pacific travellers want. The findings unveiled four themes for travel providers to focus on:

The personalisation-privacy paradox – 64% of Asia Pacific travellers interviewed are open to sharing personal data for more relevant offers and personalised experiences. But anomalies exist. While Indonesians (80%) and Taiwanese (78%) are largely open to sharing their personal information, Japanese travellers are not – with 69% of them indicating they were not open to sharing their data with travel providers. The mandate for travel providers is clear – personalisation must be carefully balanced against rising privacy concerns. Some boundaries must be maintained and at all times travel providers must respect and protect personal data and the need for privacy. And above and beyond adhering to legislation, travel players must be able to articulate ‘what’s the value?’ to get travellers to share their data.

Get real: Recommendations they can trust – Travellers take their lead from other travellers. Inspiration is the doorway to opportunity for travel providers, but authenticity is the key to unlocking it. Rather than the glossy pictures of travel brochures or the carefully curated Instagram feeds of celebrities, Asia Pacific travellers seek what’s genuine, and turn to their fellow travellers for inspiration. The research found that online booking sites, travel review sites, along with word of mouth, have the largest influence on Asia Pacific travellers’ trip planning. These were also ranked as the top three sources from which Asia Pacific travellers have received relevant travel recommendations.

The right content, through the right channel, at the right time – In the world of travel, every engagement point matters. Beyond personalisation, connecting with travellers in a timely and intuitive manner is equally important. The good news is that the vast majority of travellers would be interested in receiving travel recommendations from the moment they consider a trip all the way up to while they are on the trip. But what recommendations they want, and how they want to receive it varies by country. Recommendations that help them save money was the top choice for Malaysian travellers, while Vietnamese travellers prefer recommendations that help ensure their safety. In terms of channels, 62% and 70% of Australian and New Zealand travellers respectively prefer to receive updates and recommendations about their trip through e-mail, while Chinese travellers on the other hand, are most likely to prefer to be contacted via messaging services like WeChat (41%). Interestingly, almost half of all Thai travellers would want to be contacted through social media.

There are many Asias within Asia – The most dominant observation from the study is that there is no consistent profile for the Asia Pacific traveller. Stark contrasts in behaviours, needs and preferences were observed across all geographic and demographic lines. For example, while 70% of Japanese travellers have never used a sharing economy service for trip accommodation, almost half of all Indian travellers say they do so ‘often’ and ‘very often’. Separately, while 84% of Singaporean travellers think it’s important to find service staff at the destination that speak a language they understand, only 4% of Hong Kong travellers think the same.

Pozo added, “At Amadeus we believe that the travel industry can only thrive if we put the traveller at the centre of everything we do. The first step to doing so is to better understand who our travellers are, and what they want.
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This is no mean feat. Traveller expectations are a moving target, and we must keep pace. That’s why we continue to invest in research like theAmadeus Journey of Me Insights, so that we can help our customers and partners shape a future of travel that travellers want.”

Journey of Me Insights: What Asia Pacific travellers want was conducted in collaboration with YouGov across 14 markets in Asia Pacific including Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.

All figures, unless otherwise stated, were provided by YouGov.  Total sample size was 6,870 adults across Asia Pacific who have travelled internationally in the last 12 months. Fieldwork was undertaken between 8th and 17th May 2017.  The survey was carried out online.

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Lucknow Metro | LMRC gets technical clearance from CMRS

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Lucknow Metro Train

Lucknow: In a major development for the commuters of Lucknow, Commissioner Metro Railway Safety (CMRS), Government of India, on Monday gave the green signal for the Lucknow Metro Rail Corporation (LMRC) to start commercial operations.

CMRS Satish Kumar Pandey gave his approval to the LMRC after inspecting a trial run of a Metro train at the maximum operating speed of 80 kmph. He, along with senior LMRC officials, carried out the inspection on Monday. The train completed a to-and-fro trial run between Transport Nagar Metro station and Charbagh Metro station. LMRC in a statement said that the trial run was completed successfully on the 8.5 km priority corridor which covers eight stations.

LMRC Managing Director Kumar Keshav said, “Getting all the required technical clearances from the Ministry of Railway and finally certification from the CMRS today to commence revenue operations on the Priority Corridor of the Lucknow Metro Project from Transport Nagar to Charbagh has been a great achievement. Now, doors are ready to be opened to commence public operation of the world class Metro service in Lucknow at any convenient date.
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LMRC senior PRO Amit Kumar Srivastava said that the Government of India and the state government would be intimated that all clearances have been obtained to operate the metro rail in Lucknow. Srivastava said a date will be sought from the government for inauguration.

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Lucknow Metro | LMRC celebrates 71th Independence Day of India

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Lucknow Metro employees celebrated Independence Day

Lucknow: The Lucknow Metro Rail Corporation (LMRC) today celebrated the 71st Independence Day with great fervour at its Administrative Building, Vipin Khand Office. The occasion was graced by Shri Kumar Keshav, Managing Director and other Directors of the organisation.

The Managing Director unfurled the national flag in the presence of officers and staff of the organisation. It was followed by the national anthem. On the occasion, the Managing Director said “It is a great and memorable day for LMRC as the organisation has received all the necessary technical and safety clearances from all the statutory body and the Metro trains are all ready for public inauguration.”

“This has been possible only because of extreme devotion and continued hard work by the whole team of LMRC and good wishes and support of the people of Lucknow. Now, doors are ready to be opened to commence public operation of the world class Metro service in Lucknow at any convenient date, he added”.

The Managing Director remembered the time when Country got freedom in 1947. “It was then a time for our nation when it made a tryst with destiny. Now, after 70 years it is Lucknow Metro’s time for making a tryst with destiny.
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We all should, therefore, take a pledge on this 71stIndependence Day that we will re-dedicate ourselves in the service of this nation by doing our work with complete devotion and dedication”, he said.

Lucknow Metro Rail Corporation also initiated ‘Swachh Bharat Abhiyan’ on the eve of the Independence Day for maintaining cleanliness of offices, premises, workplaces etc. LMRC is committed to ‘Swachh Bharat Abhiyan’ and the efforts will continue during the year. On the occasion, LMRC decorated its Administrative Building in tricolour lighting to give a feel of the national day.

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Delhi Metro | DMRC smart cards becomes common mobility card soon

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New Delhi: After years of delay, common mobility cards are going to be a reality in Delhi as the first 500 buses having the facility will be rolled out in two weeks from now.

The Delhi government has begun procuring chips known as Secure Access Modules (SAMs) from South Korea to ensure cashless transportation in the city. These chips will be fitted in the electronic ticketing machines (ETMs) that have already been handed over to the bus conductors.

“The Delhi Integrated Multi-Modal Transit System (DIMTS) is procuring the first 100 SAM chips from South Korea as they are not available in India. These will be rolled out immediately. We need 2000 more such chips for cluster buses for which tenders have already been floated. The bidder is expected to import the same product for us,” said a transport official.

In the first phase, the government will introduce this system in 100 cluster buses and 400 Delhi Transport Corporation (DTC) buses. The DTC is outsourcing the project and procuring ETMs that would already be fitted with the SAM chips.

“SAM is a chip or card is installed permanently in the equipment interacting with the cards or tickets. It is used to enhance the security and cryptography performance in devices to perform secure transactions in paying terminals,” the official said.

The security of a contactless system is based on secret keys used to authenticate transactions and the SAM stores these secret keys.

By extending the DMRCs smart card for cluster buses, the commuter will be able to pay the fare using the Delhi Metro Rail Corporation’s smart card. The DTC runs over 3,900 buses in the city and another 1,600 buses are being run by the DIMTS under the Cluster scheme.

The government has planned to facilitate travel on all its buses with the use of the metro smart card by the end of this year.

One of the issues that had hampered the integration of the systems of DMRC and DTC was that of refund value which needed approval from the Reserve Bank of India.

“The statutory clearances have been obtained from RBI to make the common mobility card operational,” a DMRC official said.

Source: HT

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Delhi Metro | DMRC cuts fares up to 50% on metro ride on Independence day

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New Delhi: The Delhi Metro Rail Corporation (DMRC) on Monday announced that fares this independence day will be discounted to up to 50 per cent. As per the announcement, this is a special offer for all Metro users who can avail up to 50 per cent off on their metro fares, amid recent rise in metro fares.
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In another notification, the DMRC announced that all Metro parking will remain close from 6am on August 14 till 2 pm on Tuesday.

The decision to offer fares at discounted prices on national holidays of Republic Day, Independence Day and Gandhi Jayanti was proposed by the committee which decides metro fares. This move also seems to be an attempt to boost public transportation on days when traffic routes around the city are diverted in several points.

The second notification by the DMRC states that parking at Metro stations will remain closed from 6 am on Monday to 2 pm on Tuesday owing to security measures adopted for the Independence Day celebrations.

The DMRC also directed its officials to inspect the parking facilities and asked its contractors to clean up the premises keeping in mind the spirit of Swachh Bharat Abhiyan.

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Delhi Metro | DMRC to provide pick and drop points in underground stations of phase IV

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New Delhi: The Delhi Metro Rail Corporation (DMRC) has proposed to to provide Multi Modal Integration underground because most of the Metro stations face problem of overcrowding at the gate. The pickup point in the underground Metro stations of phase IV will be one level below the ground, to avoid congestion on the road.

“In phase IV we are contemplating this. Since the space is not available on the street, all our underground stations will have one more level. Today we have two level stations, but in phase-IV we will try to have three levels so that one level can be used for traffic,” DMRC managing director Mangu Singh said.

Of the 103.9-km network proposed in phase-IV, about 35. 92 km will be underground. Seventy-nine stations are planned in phase IV of which 28 will be underground, where this facility will be available. By taking the Metro-bound traffic underground, the DMRC will reduce congestion on the road and commuters get dedicated space for public transport.

“We will provide ramps for taxis, two-wheelers and other vehicles. Today, you have to come out on the road to get the taxi but in phase IV, we will provide that facility inside the station.
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This is at the planning stage as the city has got a space problem,” Singh said.

When it is completed in 2022, the length of the Metro network in Delhi will be 434 kilometres with 308 stations. The daily ridership on Delhi Metro trains is likely to go up to 63 lakh from the current 28 lakh.

“Underground is costly but since we are already constructing a station and will be digging for that, it will not cost that much. We will just need to go 15-20 metre deeper,” Singh said.

At the first level of the underground station, there will be a separate lane for pedestrians and cyclists, corridor for non-motorised vehicles and space for bus stops and a lane for drop-off vehicles. After that passenger will enter the Metro premises and after crossing the concourse level, the third level will have platforms.

Source: HT

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Kochi Metro | Pedestrians feel unsafe while crossing Kochi roads

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Kochi: The city is just not pedestrian-friendly. A walkability study has revealed that 60% of pedestrians in the city are afraid to cross busy roads. The study on ‘safety of pedestrians in the city and development of basic facilities’ was carried out at 10 major junctions in the city over a period of seven months.

It found that 74% of the footpaths in the city is in a rundown state, and 50% of the people surveyed said the damaged footpaths have an adverse impact on their daily commute. The study conducted by ESAF for Kochi corporation pointed out that 86% of pedestrians have to get down from footpaths and walk along the road due to obstacles like cables, motor vehicles, construction materials and trees.

Handing over the study report to Kochi corporation, ESAF programme director Jacob Samuel said they conducted a sample survey of pedestrians from July, 2016 to January, 2017. According to the report the city has a high pedestrian volume irrespective of peak and non-peak hours, weekends and weekdays, and this volume amounted to a minimum of 2,000 and above on a given segment of a busy junction. “It is found that the maximum number of people walk through the city from 8am to 10am and from 4pm to 6pm,” he said.
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The report says that pedestrian walkways in the city are not disabled-friendly, and 51% people pointed out the need to put in place safety measures to help them cross busy roads.

The report highlights lack of political will and co-ordination as major deterrents in ensuring the right of pedestrians in the city. The assessment of police and initiatives by various agencies responsible for ensuring pedestrian rights proved that decision makers have not taken the matter seriously.

It is expected that formation of unified metropolitan transport authority (UMTA) is expected to cover these gaps in the near future. Deputy mayor T J Vinod said that local body would go through the study and take measures to plug the holes in pedestrian safety measures. He also said that views from stakeholders including public, government departments and NGOs would be taken into consideration.

The deputy mayor pointed out the efforts taken by Kochi Metro Rail Ltd (KMRL) to develop the junctions at Edappally and Aluva would help address the issue to a certain extent. Meanwhile, KMRL officials said that they have already started junction development works at these two locations. The metro agency will carry out similar works in other junctions once they are completed.

At the same time Samuel said they will continue to associate with Kochi corporation, and would do a follow up on whether the suggestions were getting implemented. “We need to create awareness regarding pedestrian discipline. These awareness programmes will be held for school and college students,” he said.

Source: TNN

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Mumbai Metro | HC asks MMRCL not to carry out Metro construction at night

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Mumbai: The Bombay High Court today directed the Mumbai Metro Rail Corporation Limited (MMRCL) not to carry out any construction or ancillary activity of Metro-3 project at night for a period of two weeks, after a resident complained of inconvenience.

“We direct the MMRCL not to carry out any construction activity or ancillary work pertaining to the Metro-3 project from 10 pm to 6 am for a period of two weeks,” a division bench of Chief Justice Manjula Chellur and Justice N M Jamdar said.

The direction came on a petition filed by lawyer Robin Jaisinghani, a resident of south Mumbai, claiming that the authorities carried out construction activities through the night, causing inconvenience to all residents.

MMRCL’s advocate Kiran Bagalia told the court that its request to the authority concerned for permission to carry out construction at night had not yet been granted and that only concrete filling work was being done during the night.

To this, Jaishingani claimed the concrete filling was being done by trucks which was causing noise.

“The Noise Pollution Rules and judgements of the high court clearly state that no noise emitting activity should be carried out between 10 pm and 6 am,” Jaisinghani said.

The court said it would also want to hear the side of Maharashtra Pollution Control Board on the issue.

Jaisinghani, in his petition, sought a compensation of Rs 10,000 per day for him, his wife and two daughters for their hardships and sufferings owing to the continuous construction activity in their vicinity.

The construction for the 33-km Colaba-Bandra-SEEPZ Metro line-3 project is currently going on in Mumbai.

The project is a part of the Metro system which will connect the Cuffe Parade business district in south Mumbai to SEEPZ in the city’s north-central suburb.
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(This article has not been edited by Metro Rail News’s editorial team and is auto-generated from an agency feed.)

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