Welcome to Kerala's realestate properties

Are there Any Tax Benefits For Non-Resident Indians buying properties? Yes, there are tax benefits for non-resident Indians (NRIs) who are interested in buying property in India. NRIs are eligible for tax benefits under certain conditions on their income earned in India, including income from property rentals. NRIs are also eligible for tax exemptions on the sale of a property in India under certain circumstances. However, it is important to note that tax laws can change over time and may vary depending on the specific circumstances of an individual's situation. It is always a good idea for NRIs to seek the advice of a financial advisor or tax professional before making any decisions about purchasing property in India.

What is a mortgage and how does it work? A mortgage is a loan that is used to purchase a real estate property. It is a legal agreement in which a lender agrees to loan money to a borrower to buy a property, and the borrower agrees to repay the loan, with interest, over a period of time. Here's how a mortgage works: The borrower applies for a mortgage loan from a lender, such as a bank, credit union, or mortgage company. The borrower will need to provide financial information, including income, credit history, and the amount of money they have available for a down payment. The lender evaluates the borrower's financial information and decides whether or not to approve the loan. If the loan is approved, the lender will offer the borrower a mortgage loan with specific terms, such as the interest rate, the length of the loan, and the amount of the monthly payments. The borrower agrees to the terms of the mortgage loan and signs a mortgage agreement. The agreement specifies the terms...

How much credit score do I need to buy a home in India? In India, a credit score of 750 or above is generally considered to be a good credit score. However, the actual credit score required to buy a home in India may vary depending on the lender and the type of mortgage you are seeking. Some lenders may have higher credit score requirements, while others may be more lenient. It is always a good idea to check with multiple lenders to see what their credit score requirements are and to shop around for the best mortgage rates and terms. It is also important to note that a good credit score is just one factor that lenders consider when evaluating a mortgage application. They may also consider other factors such as your income, employment history, and debt-to-income ratio. It is generally a good idea to improve your credit score as much as possible before applying for a mortgage, as this can help you secure a better interest rate and more favorable loan terms. Checkout your CIBIL score now

Chinese homebuyers, who have taken steps to quit paying home loans on many incomplete lodging projects. The disturbance is supposed to speed up changes currently clear in the inclinations of homebuyers, who have long preferred new properties still on the planning phase or under development however became careful about incomplete tasks as high-profile developers - China Evergrande Group - dove into an obligation emergency regarding the previous year. The proportion of pre-development deals to deals of existing homes has dropped to 6.5 from a high of 9.9 in the primary portion of last year, as per ANZ. Jason Li, a 30-year old would-be homebuyer in eastern China's Shangdong province, said he was deferring purchasing a home since he is stressed over the economy and professional stability, and said he would keep away from projects by confidential designers. "It required a couple of years for my companions to at long last get their pre-sold homes, while numerous designers even negle...

When you apply for a loan or credit card, the principal thing that the loan specialists check is candidate's CIBIL or credit score. Along these lines, what's really going on with the score and why the element is by all accounts critical for the money endorsements. CIBIL or credit score is a three-digit number going somewhere in the range of 300 and 900 that assesses a individual’s credit conduct. It is said that higher the score, better are chances of advance or credit card endorsements. Also, people can haggle for lower financing costs if there should be an occurrence of unstable credits like individual advance. A record of loan repayment is a record of person's reimbursement conduct of past or existing obligations. The score is generated through information from banks, credit information companies, and collection agencies. An individual’s CIBIL score is generated using mathematical algorithm to predict how creditworthy you are. The CIBIL score range in India starts from 3...

There has been a significant increase in the loan repayment period for many in recent times. The bank has extended the tenure of home loans from SBI (State Bank of India), the country's largest public sector bank, by more than 60 months. Borrowers are worried that they will not be able to understand why there is such an increase in the repayment period, even though the interest rate is one to three per cent lower than at the time of taking the loan. Six-month moratorium; According to SBI, the extension of the mortgage period was due to a six-month moratorium issued by the Reserve Bank following Covid19. However, the shocking fact is that the repayment period has increased not only for those who did not pay the moratorium but also for those who paid the installments correctly during the moratorium. The loan moratorium announced by the RBI in March 2020, which worried the people about Covid19 and the lockdown, came as a relief to many at the time. But the same moratorium worries ma...

Union Cabinet approves draft Model Rent Bill for homes & commercial buildings. The bill will now be introduced in Parliament, including the proposals of the states. The main provision of the bill is that the authority will be constituted to regulate rent and to protect the interests of the building owner and tenant. All States and Union Territories should appoint an independent authority for the registration of lease agreements. The new bill provides for the establishment of special courts to resolve disputes between landlord and tenant. Disputes between the landlord and the tenant can be approached by the authority. The new law stipulates that only two months' rent can be purchased as a security deposit. When renting a building for commercial purposes, a maximum of six months' rent can only be purchased in advance. Central government sources said the new law would encourage more houses to be rented out. All States and Union Territories should appoint an independent authori...

The Real Estate Regulatory Authority (RERA) is stepping up action to avoid exploitation in the construction sector. Advertising and sale of flats and villas not registered with the Authority will no longer be allowed. A warning notice was issued stating that fines of up to 10 per cent of the construction cost of such projects would be levied. See list of ongoing projects  https://rera.kerala.gov.in/rera_project_details The Real Estate Regulatory Authority, which oversees real estate projects, came into existence in the state on January 1 last year. The condition is that all projects currently under construction and without a certificate of ownership must be registered with the RERA. Accurately certify the original plans approved, the amount received from the customer, the time of completion of construction and the time of delivery to the owner. If the building is not completed on time, the company must pay a penalty of up to 9% for each month of delay. In the context of Covid19, t...

  The housing market in India is one of the pillar of the economy, it is the second-most noteworthy work generator in the nation after agribusiness. The area represents almost 6 to 7 percent of the economy and is set to represent almost 13% by 2025 if all change means declared are executed well. The area has been one of the greatest abundance makers in the previous few decades.  After transitory shocks considering primary changes like GST and RERA, the upgraded liquidity in the financial framework and a reclamation of purchaser certainty were gradually streaming through in the land area before COVID-19 hit Indian shores. Accordingly, the pandemic-impacted droop is, best case scenario, a transient blip across all areas of the economy. With the rollout of the antibody and resumption of routineness, the housing business sector will absolutely skip back with recharged power.  The pandemic may, in 2021, influence purchasers' inclinations as far as decision of land: bigger form...

Government of India has sanctioned the Real Estate (Regulation and Development) Act 2016 and all the segments of the Act will come into power with impact from May 1, 2017. Under this Act, Government of Kerala set up Kerala Real Estate Regulatory Authority (K RERA) for guideline and advancement of land area in the State of Kerala. Land (Regulation and Development) Act 2016 is a stage towards improving the real estate sector in India, empowering more transparency, responsibility and financial discipline. With an intend to support the certainty of clients and acquire more straightforwardness in the land area, Chief Minister Pinarayi Vijayan dispatched the Kerala Real Estate Regulatory Authority (K-RERA). "It is a result of a small bunch of real estate agents who redirect from great practice and enjoy illicit approaches to mint cash that the entire area here and there get a dark imprint. We have heard terms like the land mafia," Vijayan said at the official dispatch occasion. ...

International investors are keen to invest in Indian real estate now more than ever before due to the enhanced liquidity and transparency it offers, a top global real estate expert said. “The outside view is more positive than the inside view on what I hear from Indian entrepreneurs, who are much more critical about the situation here,” Christian Ulbrich, Global CEO & President, Jones Lang LaSalle Inc., the global real estate consulting firm, said in an interview. “But the outside view is incredibly positive for India,” he said. Global investors want India to be successful so that it can develop into a matured country providing greater investment opportunities and options for investment, he said. “There is strong hope that India will be successful because people are now positive with the current government. People believe that he is starting to have real success in what he is doing and India is now catching up [with] China because there was a long period when India was disappo...

One can expect that the economy in India & abroad would revive and environment for real estate would improve in year 2013. Developers feel that it is best to forget 2012 and expect that strong underlying fundamentals, several initiatives by the government and price corrections will take real estate sector on an upward trajectory during the year 2013. “The rate of interest holds the key to the sale of flats. We sincerely hope that the RBI will come out with the monetary policy to allow banks to make the rates reasonable in 2013. Relaxation in the monetary policy will play a crucial role in leveraging the liquidity in the market for the developers as well as the consumers,” says Paras Gundecha, president, Maharashtra Chamber of Housing Industry (MCHI-CREDAI). The RBI (Reserve Bank of India) has already given a cue that rates cuts are likely in the near future. Source: http://www.financialexpress.com/news/expectations-from-2013-market/1054649/0 Is this information helpful? If ...

The History of Resurvey in the State :   The Kerala State consists of old Travancore State, Malabar and Kasargod areas of old Madras State and old Cochin State. The original survey of former Travancore State was conducted during the period 1883-1912 and that of Cochin area during the period 1899-1909. After that no resurvey has been conducted in these areas. In Malabar areas, though a resurvey was conducted during 1923-28, it was found necessary that the sketches in the field measurements  books and other survey records had to be completely re-prepared afresh or a resurvey conducted. This is mainly due to want of systematic maintenance of land records and also due to insertions of numerous sub division in the original measurement sketches. Arrears had also accumulated in carrying out mutations in land records. With the introduction of metric system in land records, necessity for re-preparation of land record under that system also arose. Re-survey of the State and preparati...

Kerala Government has declared a fair value of land in all parts of kerala. We can find the approximate fair value  of land anywhere in kerala. This will help you to know the fair land value before approaching a buyer or registering a land. In order to find out kerala properties before registraton, we must know the minimum details of  properties like District, Taluk, Village, RDO and Survey number (old and re-survey number) The fair value system has divided into 15 categories on the basis of their location and access to the public roads  or private roads. Each category has given a minimum land value and the stamp duty for registering the property will  be on the basis of this value. Please provide these 15 information to get fair value: 1. Commercially Important Plot 2. Residential Plot with NH, PWD Road access. 3. Residential Plot with Corporation, Municipality, Panchayath Road Access. 4. Residential Plot with Private Road Access. 5. Residential...

Real estate for Sale - Trivandrum: 110 cents of residential plot for sale between Chauvara temple & Chauvara junction, Poovar road, Kovalam, Trivandrum. Contact : 09445283646, 9496237412 175 cents of water frontage land with house for sale near to Kadinamkulam, Kazhakootam, Trivandrum suitable for resorts, flats & villa projects. Plots available full/part. Contact : 09446176925 100 cents of plain land at residential area for sale near to Bible college, St. thomas Engineering college, Kinfra & Kazhakootam Sainik school, Trivandrum. Plots available part/full. Contact : 0471 2298737 5 cents of land with new terrace house for sale near to Nellivila, Kovalam, Vizhinjam, Trivandrum. (Price: 14 lakhs) Contact : 9961491489, 9539366344 50 cents of land (2 feet above from road level) for sale near to Civil station, Kudappanakunnu, Trivandrum. Contact : 9744270062 50 cents of land with 3 year old rubber plantations for sale at Kattaikonam junction, Trivandrum. (Expected Price...

A great site to compare the home loan interest rates of Indian banks. We can see here Indian Scheduled banks have different interest rates. Also you can compare Personal loan, Car loan, business loan, educational loan interest rates from this website. Home loan EMI calculator is also included to calculate your monthly payment based on your income. To get the best home loan interest rates, go to http://www.deal4loans.com

Real estate for Sale  - Trivandrum : 500 cents of land plot with tar road frontage, water connection & lorry access for sale near Ambalathara, near to Kovalam NH bypass, 500m from Milma dairy plant, 7kms from International Airport , Trivandrum . Contact : 9633545424, 9497001545 6.5 cents of plot with new two storey house for sale near to Ideal Marbles Chittazha, Trivandrum . (Expected price: Rs.65 lakhs) Contact : 9539440973 Ready to occupy 2 bedroom flat for sale near Peroorkada, Trivandrum . Contact : 9847510118 10 cents of plot with 4500 sq.ft luxury house for sale near to Technopark, Trivandrum . Contact : 9447131312 24 cents of land plot for sale at 250m from Karakulam Panchayat, Trivandrum . Contact : 9747967686 27 cents of land plot with compound wall under construction for sale at 300m from Kachani road, Karakulam bridge, Trivandrum . (Expected price: Rs.1.90 lakhs/cent) Contact : 9747967686 31 ce...

Real estate for  Sale - Trivandrum : 90 cents of land plot for sale near Chenmpakamangalam, near to Technocity & Life science park, Trivandrum . 300m from N.H road (Rs.3 lakhs/cent) 10.5 cents of plot with 2500 sq.ft, two storey 5 bed room house & compound wall for sale near Kaduvapalli, Attingal, Trivandrum. (Expected price : 48 lakhs) 25 cents of land plot with tar road frontage for sale at 300m from Palottuvila junction, Malayinkizhu – Trivandrum road side suitable for villa projects. 150 cents of land plot with both side road frontage for sale near Arasummoodu junction, 300m from Sivaji nagar, near to Technopark & Infopark campus, Trivandrum . 30 cents of land plot with road frontage for sale between Government establishments & Engineering college, Kuttichal – Kattakada road, Trivandrum . 73 cents of land plot with 3 sides road frontage for sale near Paruthikuzhy, Pulimoodu junction, Kovalam...

Real estate for  Sale - Trivandrum : 33 cents of plot with house for sale near Korani International school, Trivandrum . 400m from highway road. (Rs.2.5 lakhs/cent)  7 cents of plot with new two storey house with 4 bed room & attached bathroom for sale near 18 th mile junction, Trivandrum .  10.25 cents of land plot with compound wall, road frontage, water drainage etc. for sale near Kedaram nagar, Cosmopolitan hospital, Trivandrum & between Medical college - Pattom road.  64 cents of land plot with 100m road frontage for sale near Venniyoor, 3.5 kms from Vizhinjam, Trivandrum . 300m from Vellayani lake view. (Rs.2.5 lakhs/cent)  38 cents of plot with 2700sq.ft, two storey house for sale near Kochupalli market, Pulluvila, Vizhinjam, Trivandrum .  16 cents of land plot for sale near to Lemon villas, Vettamukku park, Thirumala, Trivandrum .  7 cents of plot with 1850sq.ft ...