Q:I'm most probably relocating from Hyderabad to Kochi very soon but I recently read somewhere that Kochi's housing sector isn't doing too well? I have to invest here so I want to know if I'm going to get my money's worth. Any info would help. Thanks
Latest Answer: Even the number of joint venture projects between builders and landowners have declined. The reason for this fall in property registrations I feel is because of the new government policy that makes even registration of "agreement for sale" mandatory. Apart from this, the revenue department has made a proposal that builders having unsold property, will also be taxed. These regulations are not providing the necessary incentives for investment in the property market.
