Frequently Asking Questions

No, there is no liability at all on this land.

Yes, we have obtained from the concerned authorities an encumbrance-free certificate.

Kerala falls in zone III according to the seismic classification of earthquake areas in terms of intensity. The structural design of each villa is such that the security and the seismic protection that it provides far exceed the level specified for zone III.

News letters with photographs will be mailed/send to all owners on a periodic basis.

The buyer can appoint any qualified person to check on all matters pertaining to construction as the work progresses, provided that this check is done only periodically and not on a daily basis.

The first thing to do is pick the villa number of your choice. Then a booking fee of Rs.50000 should be remitted to our account in the State Bank of Travancore, Nagampadam Branch, Kottayam.

The next stage is to sign the construction agreement, at which time the 1^st installment has to be paid in and land will be registered in the name of buyer with government registration department. In case you are an overseas resident, the agreement will be sent to you by courier service.

Alternatively, you may appoint a power of attorney to act on your behalf, for which purpose we will forward you the relevant PoA for your signature.

Yes.
You may appoint any person of your choice to act on your behalf and sign whatever documenters necessary. Please note: the power of attorney should be drawn up as a ‘Specific Purpose’ PoA only. That is to say, the power of attorney is only for executing the agreements on your behalf and not for any other purpose and the same can be revoked at any time you choose. This person can be a relative or a friend whom you find reliable.

Prospective buyers, or any person/s deputed by them, are most welcome to visit the site. It would help if an appointment is made by calling Vakkachan George on 009198470 58800 who will give the necessary directions.

Within one year of handing over the villas, a society of villa owners will be formed as per the prevailing practice in such projects. Once the work is completed, this society will be responsible for all maintenance work and common expenses.

The ‘Common Expense’ amount should be paid each month by the villa owners whether they occupy the flat or not. This will be approximately Rs.750 per month. Each owner will have to pay a one-time maintenance deposit, and the bank interest earned on this deposit will be utilized for the above mentioned purposes.

The Society will be formed at a meeting of the villa owners where a president, secretary and a treasurer will be elected by the owners, and they will be in complete charge of all maintenance work relating to the complex. They shall hold office for a specified period, after which there will be regular elections.

The expenses for registration of sale deed for land and cost of stamp paper have to be paid with first installment. Taxes that have to be paid with each installment

• Kerala government sales tax
• Service tax

Taxes to be paid on completion of the building

• One time building tax
• Annual municipal tax

Other Deposits and expenses to be paid on completion/ handing over of Villa:-

• Electricity board deposits and the expenses for 3-phase electrical connection, proportionate share of transformer, cabling up to the villa.
• Proportionate expenses for water connection and treatment plant
• Expenses of obtaining municipal building number, completion certificate and assessment of municipal tax.
• Expenses towards owner's association

(These are the normal, standard payments that come into force with all projects of villas and apartments. We, at KCC, have strived to keep these costs down to the minimum possible and our rates are one of the most attractive by comparison)