After a 10-year delay, work on second tower under RAY to begin in Kochi, Real Estate News, ET RealEstate

KOCHI: After much delay, work on the second tower of the apartment complex to house slum dwellers in Fort Kochi will soon be started. Cochin Smart Mission Ltd (CSML) has awarded the work to construct an apartment complex with 195 individual units to a private firm. Officials with CSML said that the work on the […]

Incuspaze launches 50,000 sq ft co-working space in Vadodara, Real Estate News, ET RealEstate

NEW DELHI: Incuspaze, a managed office space provider, in association with the Alembic Group has launched 50,000 sq ft co-working space in Vadodara, the company said in a media release. The center has 1000-seat capacity, which will be rolled out in two phases. In the first phase, the company will go live with 500 seats […]

Flat owners end up fighting legal battles over unauthorized constructions, Real Estate News, ET RealEstate

KOCHI: Apartment owners in the city end up engaging in long legal battles when owners’ associations or builders permit unauthorized constructions in the building without obtaining proper permits from local bodies. When individual apartment owners come across illegal or unauthorized constructions, they have to undergo tedious process of raising the issue with authorities. “It is […]

Apartment association wants Kerala government to register all flats, Real Estate News, ET RealEstate

KOCHI: As disputes between individual flat owners and apartment owners’ associations continue to surface, the All Kerala Apartment Owners’ Apex Association wants the state government to immediately initiate steps to facilitate the registration of apartments under Kerala Apartment Ownership Act, 1983. Apartments are currently being registered under Travancore-Cochin Literary Scientific and Charitable Society Act. “Not […]

Flat owners in Kochi can file RTI for annual financial reports, Real Estate News, ET RealEstate

Representative image KOCHI: Individual flat owners who fail to obtain the annual financial reports from apartment owners’ associations can get them from the registration department. It is mandatory for the associations to file annual financial reports and the details of their office bearers with the registration department, all of which can be obtained through RTI. […]

Maradu residents still gape at cracked walls, Real Estate News, ET RealEstate

File photo KOCHI: Ever since Rema and Ajith K M shifted back to their damaged house next to the demolished Alfa Serene apartment, cloudy skies tense them. All the three bedrooms in their house, which was hardly 12m away from Alfa Serene, start leaking when it rains and they have to move around with a […]

Apartment societies shift to professional waste management, Real Estate News, ET RealEstate

File photo KOCHI: In 2008, Link Valley near Infopark at Kakkanad was one of the first gated communities to have set up their own bio-waste management system. But as the number of residents began to grow it became unmanageable and they became dependent on outside agencies. But when the pandemic struck, waste became a pain […]

Kochi civic body plans to secure nod for cost escalation of RAY project, Real Estate News, ET RealEstate

KOCHI: Almost one year after their decision to increase the cost of the ground-plus-eleven-storeyed apartment complex being constructed at Thuruthi in Fort Kochi under Rajiv Awas Yojana (RAY), the corporation authorities have started a move to secure the corporation council’s nod for the same. The revised estimate has resulted in the escalation of cost of […]

Owners willing to rent out flats for quarantine purposes, Real Estate News, ET RealEstate

KOCHI: At a time when apartment owners’ associations come up with stiff resistance over quarantining people in apartment complexes, a section of flat owners have come forward offering their flats on rental basis for quarantine purposes. It is mainly flat owners who live abroad are taking the bold step of giving their flat to someone […]

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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