Welcome to Kerala's realestate properties

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...