Kochi Real Estate
KOCHI: Maradu municipality is expected to obliterate two illegitimate apartment associations – Jains Coral Cove and Golden Kayaloram – on January 11 as upon the more initial settlement to obliterate the two buildings on January 12. It was initially chosen to obliterate Holy Faith H2O and Alfa Serene on January 11 and the additional two buildings [...] Continue Reading »
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 »
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 »
Kochi – If you are planning to buy an apartment in Kochi, then don’t delay your decision. It is because the Kerala government will soon pass the Kerala Apartments Regulation Act. To ensure systematic and planned development in real estate sector, a regulatory authority has been made mandatory under the act. Kerala Apartments Regulation Act will [...] Continue Reading »
Kochi- The healthy demand of land around the city, majorly suburban areas is pushing the real estate market of Kochi. It is seen that the many new developments are coming along the suburban areas of the city. According to some realtors, the property value of residential projects in Kochi have recorded an increase of 8-14 percent [...] Continue Reading »
Confederation of Real Estate Developers Association of India (CREDAI) Kerala is organising the first ever state conference, ‘CREDAI STATECON 2012‘ for the builder fraternity of the state on September 8, 2012 at Kochi. CREDAI Kerala was formed in the year 2010 and has 4 chapters at Thiruvananthapuram, Kochi, Thrissur and Kozhikode and nearly 160 members. [...] Continue Reading »
Kochi is seeing spurt in the real estate sector, owing to IT developments. The city has seen launch of new residential, IT, retail, commercial and infrastructure projects over the last few quarters. The residential values of prime localities witnessed a 12-15 per cent hike in values, while rental recorded a growth of up to 25 [...] 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 »
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 »
Destruction of mangroves is progressing along the shores of Vembanad Lake. In the Udayamperoor area of the Vembanad Lake, massive destruction of mangroves continues without any interference from the environmentalists or from the local people. Wetlands and mangroves serve as the main cooling agents of the surroundings and maintain a balance between the heat and [...] Continue Reading »
