kerala real estate
KOCHI: Kochi Corporation had served a draft bylaw for assuring the individual requirement of building ruins in 2016. Though the city has experienced construction growth, the local body is however to execute it. The draft bylaw was assumed to be relevant to all materials employed for the construction of buildings and other structures. The bylaw addresses it [...] Continue Reading »
Kerala real estate is growing and amid rising number of accident cases at construction sites and insufficient safety measures, the Kerala wing of Confederation of Real Estate Developers’ Association of India (CREDAI) is planning to bring out a safety manual for workers in the construction industry. The developers’ body is to release the manual at [...] Continue Reading »
Expanding IT/ITeS sector paved the way for real estate growth in Kochi. Now, in the last 2-3 months the real estate sector has exhibited significant appreciation in property value with the metro rail project coming up. Property prices have increased up to 30 per cent in areas where metro rail work has begun. Kaloor and [...] Continue Reading »
Tata Realty and Infrastructure Ltd (TRIL) proposes to invest over Rs 1700 crore in two to three years for various projects in the country. TRIL is a 100 percent subsidiary of Tata Sons Ltd. Their future investment includes Rs 550 crore in Kochi for a premium waterfront residential property, ‘Tritvam‘, at Marine Drive. According to [...] Continue Reading »
State Bank of India (SBI) has offered an all-time low interest rate to its customers interested in investing in the sector. SBI offers a low interest rate of 10.25 per cent for housing loans up to 30 lakhs and 10.4 per cent for amount above 30 lakhs, said Avinash Kumar, SBI chief manager. A three [...] Continue Reading »
The proposed Kochi Metro Rail project is expected to positively impact city’s real estate market. The project is slated to be completed in three years’ time. A report prepared by Geojit BNP Paribas Property Services points out those areas within 500 meters from the 23 Metro stations coming up in the 1st phase will witness [...] Continue Reading »
