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Kerala Real Estate Regulatory Authority to bring transparency in real estate sector

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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. ...

Global investors keener now to invest in Indian real estate

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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...

Expectations from 2013 real estate market

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 ...

Re-survey corruption on Kerala land fair value

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...

How to find fair value of your land?

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...

Kerala real estate property listings 29.05.2012

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...

Compare and Find Best Home Loans

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