Kerala govt to establish law to protect homebuyers from foreclosure
Real Estate

Kerala govt to establish law to protect homebuyers from foreclosure

The Kerala government has decided to enact stringent laws to prevent the loss of accommodation of homebuyers through foreclosure proceedings.

The state cabinet meeting chaired by Chief Minister Pinarayi Vijayan also announced a number of policy measures, including steps to eradicate extreme poverty from the state and come up with a smart kitchen scheme for housewives. Vijayan told the media the cabinet meeting has deputed the secretaries of the local self-government department to conduct a detailed survey and give suggestions to alleviate extreme poverty from Kerala.

The secretaries of the local government department have been asked to conduct a detailed survey in this regard to determine the distress factors and submit suggestions for mitigation, said Vijayan.

A committee comprising Additional Chief Secretary of Finance, Additional Chief Secretary of Planning, and the expert lawyer has been directed by the state cabinet to study the issue and submit a report by July 15.

Citing that the Left Democratic Front (LDF) in its election manifesto promised the implementation of smart kitchen for women, Vijayan said the government has directed the Chief Secretary and secretaries of the local self-government and women and child development to develop a policy that will ease the workload of housewives through a smart kitchen project.

The Chief Minister said a single-window system would be brought in the state to solve the various complaints related to the launch of the industries in the state.

A grievance redressal committee chaired by an IAS officer will be constituted to set up ease of doing business.

The Kerala government will launch a scheme on October 2 to offer all government services at the doorstep of the citizens.

Image Source


Also read: SC strikes down WB’s HIRA law on real estate regulations

Also read: UP RERA imposes Rs 2.5 cr penalty on developers

The Kerala government has decided to enact stringent laws to prevent the loss of accommodation of homebuyers through foreclosure proceedings. The state cabinet meeting chaired by Chief Minister Pinarayi Vijayan also announced a number of policy measures, including steps to eradicate extreme poverty from the state and come up with a smart kitchen scheme for housewives. Vijayan told the media the cabinet meeting has deputed the secretaries of the local self-government department to conduct a detailed survey and give suggestions to alleviate extreme poverty from Kerala. The secretaries of the local government department have been asked to conduct a detailed survey in this regard to determine the distress factors and submit suggestions for mitigation, said Vijayan. A committee comprising Additional Chief Secretary of Finance, Additional Chief Secretary of Planning, and the expert lawyer has been directed by the state cabinet to study the issue and submit a report by July 15. Citing that the Left Democratic Front (LDF) in its election manifesto promised the implementation of smart kitchen for women, Vijayan said the government has directed the Chief Secretary and secretaries of the local self-government and women and child development to develop a policy that will ease the workload of housewives through a smart kitchen project. The Chief Minister said a single-window system would be brought in the state to solve the various complaints related to the launch of the industries in the state. A grievance redressal committee chaired by an IAS officer will be constituted to set up ease of doing business. The Kerala government will launch a scheme on October 2 to offer all government services at the doorstep of the citizens. Image SourceAlso read: SC strikes down WB’s HIRA law on real estate regulations Also read: UP RERA imposes Rs 2.5 cr penalty on developers

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?