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Power theft in Kochi
Q: Recently, I came to know that there was some electricity related problem with FIFA towers in Kochi. What was that?






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Latest Answer: Hey, One of my friends know this builder very much. He said that in 2002, the KSEB officials booked the builder for using the connection given for construction for domestic use. They slapped a fine of Rs 5 lakh for using power above the prescribed load. The officials also disconnected the supply. Then, the builder moved court and obtained a stay. But they had to pay Rs 5 lakh as fine. The new officials who took charge at Thoppumpady electrical section do not know these incidents. That's why they have taken action against him.
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Updates on conflicts between builders and apartment owners in Kochi
Q: Hi there, Hi, Rajesh here. Is there any legitimate information about the legal issues that are going on between the Builders and apartment owners in Kochi. Can anyone give their opinion about this?

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Latest Answer: Now, one more thing, you know, as the builders do not complete their work on time, the banks with which they have approvals do not allot the loan amount. This is because, the banks allot fund only after the completion of each phase of the project. Such a problem is worst for the NRIs, because most of these flat owners are NRI's and they visit Kerala once only in a year. there is difficulty in monitoring and following the construction process. I also agree that there should be a monitoring authority for this.
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Demands for dissolution of GIDA in Kochi
Q: Hey, i heard that GCDA is asking for the dissolution of GIDA. Is there any thruth in that?

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Latest Answer: Hey buddy, yeah i also saw all the news about the GIDA issue. I would add that the one of the major project undertaken by GIDA was in 1994, which was the construction of the trio of Goshree bridges connecting Vypeen with the city. This project garnered around 330 crores, out of which only 80 crore was used for the construction of the bridge, while the reamaining money was not used for futher development.
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Influx of tourism on the real estate in Kochi
Q: Hello guys, I came to know that apart from the other types of growth, tourism is also developing in Kochi area. can anyone provide some information about the impacts of the blooming tourism sector on the real estate of Kochi.

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Latest Answer: though these are benefitting real estate, there has been negative as well as positive trends, because there has been a tug of war between realty groups for water use, land use etc by the use of political influence to get their desired location.
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Effects of bad roads on Kochi real estate sector
Q: Hey, i heard that the situation of the roads in kochi is very pathetic. Will this affect the real estate sector of the area in any way? There was this news recently that the repair works will be repaired soon? Is the work started yet?


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Latest Answer: hey, i think the road works are all finished by now. The potholes are all covered. Now there is not much problem there. But, the works were all finished much after the deadline. Some say that the weather was the problem in delay of work. But i came to know that there were some technology for tarring the road even during the rainy season was available.
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