Kerala
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 »
In a bid to increase revenue as well as to address the issue of illegal building, the Kochi Corporation is planning to allot building numbers to all unauthorized buildings and then impose penalty three times the normal tax on the owners. Both residential and commercial buildings constructed without prior approval from the civic body would [...] 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 »
While realty is growing in Kerala, especially in cities like Kochi, drinking water supply in flats have remained irregular for months. Occupants of newly-built flats in Kalamassery, Thrikkakara, and Kakkanad are facing water shortage forcing them to buy water sold through tanker Lorries. Since they cannot get access to water supply, flat dwellers have to [...] Continue Reading »
A high-level coordination committee of the Congress party asked the Oommen Chandy government in Kerala to revise existing laws and bring in suitable new laws to protect the agricultural lands from getting used for constructions in the state. Till now, around seven lakh hectares of total nine lakh hectares of farm land have been either [...] Continue Reading »
The money transfers to India by NRIs will not come under the realm of service tax as said by Prime Minister Manmohan Singh. Kerala chief minister, Oommen Chandy, said that the Prime Minister has dismissed all the reports related to levy of tax on the money of Indians working abroad. The Prime Minister asked for [...] Continue Reading »
The Kerala State Housing Board is set to launch commercial ventures to build 60 green apartments in Kochi and Thiruvananthapuram. The apartments will be set up on land it owns in Panampilly Nagar in Kochi and Ambala Nagar in Thiruvananthapuram. The Board has applied for Green Rating for Integrated Habitat Assessment (Griha), the national rating [...] Continue Reading »
Thiruvananthapuram residents are in pace of achieving zero waste stage in all the residential habitats. Also, in concern with same Kerala government is working towards maintaining the same! In a recent Cabinet decision, talks about providing subsidy to residential flats for installing waste treatment units was suggested. However, parallel to this idea residents will be [...] Continue Reading »
It is a matter of confusion between the Scheduled Tribes and Suzlon Energy Ltd. Suzlon Energy Ltd has a land in Palakkad belonging to the tribal citizens on which it had set up a work station and two wind mills. Government had asked the local collector to allot the land to the locals. But the [...] Continue Reading »
The dumping of garbage on roadside has become a major issue in Kerala. The kerala court had long back prohibited the same, however it has been witnessed that the garbage menace has been increasing. To avoid increase of garbage menace, has announced for a meeting with Kochi Mayor, municipal chairpersons, Ernakulam District collector and secretaries [...] Continue Reading »
