The approximately ₹3,000-crore Bliss City that Kochi Metro Rail Limited (KMRL) has proposed in Kakkanad to generate non-fare revenue to meet the metro’s expenses has got an impetus, with the title deed for the 17.43 acres needed for the project being handed over to the metro agency on Friday.
District Collector S. Suhas handed it over to KMRL managing director Alkesh Kumar Sharma. The land belongs to the PWD and houses, among others, governments quarters. KPMG has been tasked with conducting a study and readying a master plan for the Bliss City project. In addition, investors will have to be made aware of its potential.
“The consultancy firm is expected to submit the plan shortly. Details like the mode of financing the project too ought to be finalised. It will most likely emulate the second phase development work of the Vyttila Mobility Hub, which is slated to be executed in Public-Private Partnership [PPP] mode,” metro sources said.