Pettimudy landslide victims receive title deeds, Real Estate News, ET RealEstate

IDUKKI: The government has done everything humanly possible to rehabilitate Pettimudy landslide victims, said power minister M M Mani. At a function in Kuttiyarvalley on Sunday, the minister inaugurated title deed distribution and the construction work of new houses. Each of the affected family received title deed of five cents of land to construct a […]

Kerala CM launches construction of 29 housing complexes under Life mission, Real Estate News, ET RealEstate

THIRUVANANTHAPURAM: Under attack over allegations in connection with Life Mission projects, Chief Minister Pinarayi Vijayan said on Thursday that his government will not abandon any development project benefitting the people fearing charges. Vijayan was speaking after inaugurating online the construction work of 29 housing complexes as part of the Life Mission, the state government’s comprehensive […]

Kerala government orders rent waiver for hostel inmates, Real Estate News, ET RealEstate

THIRUVANANTHAPURAM: Chief secretary Vishwas Mehta has ordered rent waiver for students and others who have not stayed in hostels during the lockdown period. According to the order, hostel fee should not be collected for the period from March 23 to April 23. After that, only 50% rent can be charged from those who have not […]

Companies vacate eight lakh sq ft space in IT parks in Chennai, Real Estate News, ET RealEstate

File photo CHENNAI: A combination of ‘work from home’ (WFH) and cost cutting has resulted in companies vacating up to eight lakh square foot of office space in IT parks in Chennai over the past 100 days. While many companies are renegotiating rentals with developers, some others have vacated offices partially or fully. In 2019, […]

CSB Bank cuts lending rates by up to 90 bps, Real Estate News, ET RealEstate

MUMBAI: South-based CSB Bank on Wednesday announced a reduction of up to 0.90 per cent in its marginal cost of funds based lending rate (MCLR). The repo linked lending rate (RLLR) has also been revised to 4 per cent from 4.40 per cent in line with the RBI’s rate cuts. The Thrissur, Kerala-headquartered bank also […]

Tenants want Kerala government to bring rent regulations, Real Estate News, ET RealEstate

KOCHI: Despite the economic slowdown and the resultant job cuts and pay cuts, the rentals of city houses and apartments have not gone down, and people are struggling to find affordable housing. Many employees are reluctant to travel by public transport due to the fear of community spread of Covid-19 and hence are in search […]

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