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Kochi

Drinking water crisis in Kochi

Drinking water crisis in Kochi
Kochi- The quantity of saline in Periyar river forced Aluva pump house to stop operating and due to this there will be water crisis in and around Kochi this weekend. At the pump house, the saline content in water had crossed the permissible level of salinity for which the authorities are releasing additional level of [...] Continue Reading »

Builder abandons project: Buyers complete it

Builder abandons project: Buyers complete it
Kochi- The credit for completion of the project Sree Bhadra Apartment in Tripunithura goes to its residents, as the builder, Maruti Homes, had abandoned the construction work in the middle, which was later completed by the residents. The apartment structure was only built when the builder stopped the work, in 2007-08, citing the reason of [...] Continue Reading »

Top seven areas of India to observe real estate boom

Top seven areas of India to observe real estate boom
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »

NHB reports on housing trend in 11 cities

NHB reports on housing trend in 11 cities
New Delhi-  A report  by National Housing Bank ( NHB) showed the real estate  housing trend in 11 cities which included Bangalore and Kolkata. These cities witnessed a decline of about 5 percent  from July-September meanwhile the other 9 cities saw an increase of about 10 percent. The highest price rise of 10.1 percent was witnessed [...] Continue Reading »

Kochi City Corporation ties up with Railways to manage waste

Kochi City Corporation ties up with Railways to manage waste
The Kochi City Corporation is planning to tie up with the Railways to channel the city’s non-degradable waste and construction debris for construction activities of the Railways. The waste can be used as a filler for the construction of platforms and other development works. Thiruvananthapuram City Corporation has already tied up with the Railways for [...] Continue Reading »

Everstone ties up with Jones Lang LaSalle India

Everstone ties up with Jones Lang LaSalle India
Everstone has tied-up with Jones Lang LaSalle India for providing retail property management services to four shopping malls at Pune, Kochi, Vadodara and Ahmedabad. The agreement bears significance as this is the first time that a private equity (PE) fund has entrusted its entire shopping centre management portfolio to a real estate consulting firm in [...] Continue Reading »

Indian investors going for investing in second property

Indian investors going for investing in second property
Real estate continues to remain top option for Indian investors. Capital appreciation, rent and protection from inflation drive real estate investment and citizens go for second property for all these advantages. A recently conducted survey in Delhi/NCR, Mumbai, Bangalore, Hyderabad, Chennai, Ahmedabad, Kolkata, Pune, Chandigarh, Kochi, Coimbatore and Jaipur shows that out of 1,430 respondents, [...] Continue Reading »

CREDAI Kerala to organise the first state conference in Kochi

CREDAI Kerala to organise the first state conference in Kochi
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 »

Metro Rail project drives real estate growth in Kochi

Metro Rail project drives real estate growth in Kochi
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 »

IT development pushing real estate growth in Kochi

IT development pushing real estate growth in Kochi
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 »



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