Houses/Villas for sale in Palakkad

To legalise illegal construction, the southern state will have to amend its Panchayat Raj Act and Municipalities Act. Chief Minister Pinarayi Vijayan has already asked Governor P Sathasivam to issue separate ordinances to amend the existing Acts. After the amendment takes place, unauthorised constructions across the state would be regularised by levying a compound fee. The revival and addition made to the existing structure would also be brought under the ambit of the regularisation procedure.

MakaaniQ takes you on a virtual tour of Kerala and tells you what makes this a perfect destination to unwind.

During a hearing on April 16, Jaypee Infratech had said that its valuation has been slashed drastically and had put forth an affidavit to the Supreme Court stating that with the help of interim funds, it can finish the flats. However, this proposal has been rejected by the apex court as the statute bars an ailing company to bid. Jaypee says that its representation should have been considered given that it had been completing 500 units every month.

Since RBI has waived prepayment penalty on floating rate home loans, this can be a good time for homebuyers who want to get rid of their mortgage as soon as possible. Borrowers can also tweak their EMI structure and make partial payment of your loan to save money in the long run.

The Supreme Court on April 25 asked Noida-based Galaxy Group, which is willing to complete three projects of Amrapali, to prove its credentials before entrusting the company with the task. Galaxy Group has proposed to take three projects of the company,Saphire-I, Saphire-II and Amrapali Leisure Park at Greater Noida.