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| THE REAL ESTATE BOOM CONTINUES IN KOCHI |
Kochi is the 'happening place' in Kerala, being the commercial capital and land prices have been increasing not in a steady upward curve but in leaps and bounds. The land value in various part of Kochi is directly linked with the plans for new projects-IT park, Container Terminal, and Airport etc. It is estimated that the future will witness huge investments on infrastructure development for highways, shopping malls and housing projects, which will sent the price of land spiraling.
Kochi is a ... |
| Gaining from the NRI money |
| The rules related to investment and repatriation have been revised to facilitate the investments coming from the NRIs. Foreign exchange dealers have been suitably empowered to deal with the matter of remittances. NRIs are now in a position to repatriate in foreign currency their current earnings in India such as rent, dividend, pension, interest based on certain mandatory documentation. Online NRI banking in India has made transactions involved in NRI investment in Kerala much easier. Earlier, a ... |
| Professional help for estate agents |
| I am an active field agent in the real estate business for the last five years. I want to expand my client base to more areas, which means I wish to cater to areas other than my hometown. How can I have access to client bases in surrounding areas? |
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| Efforts of public sector in urban housing development |
The provision of adequate shelter to the poor still remains a serious challenge in our country and especially in the state of Kerala. Plan after plan, the problem of shelter for all multiplies with no solution in sight. Some of the earliest housing schemes introduced by the government were: Integrated subsidized housing schemes for economically weaker sections, schemes for industrial workers (1952), plantation workers (1956), etc.
Further, the schemes for slum clearance and ... |
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| Commercially sound |
| Like the stock markets in the pre-Harshad Mehta scam days, when every third person wanted to invest in shares, the real estate sector in Kochi seems to have provided many with the proverbial goose that lays the golden egg. Every body in town seems to wants a piece of Kochi real estate. Anyone with even a little idea of what drives the real estate prices has jumped on to the bandwagon that is on the lookout to strike gold. A ... |
| Advance reverse mortgage planning |
Lifestyle changes all over are forcing many to look for alternatives for economic stability and this is the right time to consider financial schemes like reverse mortgage. With over all rising living expenses people, realize that in their old age they would prefer to have a little extra cash to fall back on.
Even though the concept of reverse mortgage for homes might take a few more years to gain acceptance in Kerala it is a concept that is worth preparing for. There must be some wise early ... |
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