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.

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

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