2 months ago
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The Kerala Cabinet connected March 13 approved the formulation of the Kerala Land Assignment (Grant of Permission to Use Pattaya Land for Other Purposes) Rules, 2026, aimed astatine enabling the utilisation of onshore for assorted purposes. Under the caller rules, fees volition beryllium waived for houses and for buildings constructed for cultivation and acquisition purposes, arsenic good arsenic markets, places of worship, structures for nationalist purposes, taste institutions, clubs and structures for charitable establishments.
In addition, determination volition beryllium nary interest for commercialized oregon concern buildings with an country of little than 5,000 quadrate feet. For buildings with an country betwixt 5,000 and 10,000 quadrate feet, a interest of 1% of the just worth of the spot volition beryllium charged. For buildings supra 10,000 quadrate feet, the interest volition beryllium 2% of the just value. For buildings utilized for different purposes, 5% of the just worth volition beryllium charged.
