Thiruvananthapuram
Thiruvananthapuram- On 12th December, comptroller and auditor general of India submitted a report in the state assembly which says that Kochi Corporation does not adopt transparency methods while assessing property tax in city. The report also stated variations in calculating property tax for similar properties in the same area. Other faults found includes lack of co-ordination between town and revenue [...] 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 »
Thiruvananthapuram flat dwellers have come up with an effective plan to address the garbage disposal issue. Over 90 apartment complexes in the city have tied up with the Confederation of Real Estate Developers Association of India (Credai) to set up bio-bins in their compounds to tackle the garbage management crisis. The process ensures that waste [...] Continue Reading »
The US Consulate in Chennai is all set to open American Business Corners in Kochi and Thiruvananthapuram to provide further stimulus to the US-Kerala bilateral business relations. The American Business Corners- or ABCs- will be opened in the two cities in September to coincide with the Emerging Kerala Summit. The US consulate will participate in [...] Continue Reading »
The real estate sector in Thiruvananthapuram is mainly focusing on the city centric areas as the relators believe that people prefer to stay in than city outskirts. Builders are redesigning the apartments by reducing floor ratio in order to make them affordable for middle-income group of buyers. According to Artech CEO, T S Asok, the [...] 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 »
In spite of drastic increase in the home loan rates the sale of apartments is still showing good graph! The sale of apartments and individual properties in Thiruvananthapuram is doing well indeed! According to a recent survey that has been learnt from property expo, almost 90 percent of the apartments in the city which have [...] Continue Reading »
The middle class citizens aiming for own house still stands as a distant dream. At present this dream seems not to come true at all, as the land prices are skyrocketing with the days progressing. Investing or purchasing independent house does not come under middle-class population budget. At cities like; Kozhikode, Thrissur, Kochi and Thiruvananthapuram [...] Continue Reading »
Hike in property tax has been a nightmare to the citizens of Thiruvananthapuram. Property tax payers can expect maximum of 60-per cent increase in the tax amount for residences. However, the hike for commercial buildings would be much higher when compared to the residential sectors. Also, recently the city mayor announced the possibilities of implementing [...] Continue Reading »
The growth of illegal structures in Thiruvananthapuram is increasing as the days are progressing! Fed with these the city corporation council has now decided to make strict rules against shops and establishments. The shops which have not obtained trade license and also which are functioning in illegal buildings will have to face tough time from [...] Continue Reading »
