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Karnataka Ownership Apartments Promoters Association KOAPA likely to bring a new Real Estate Policy

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As per to sources available with www.propertykhazana.com, Realty Exhibition of Karnataka Ownership Apartments Promoters Association (KOAPA) was arranged at Grand Ashok and had expected outstanding interest from potential investors. This 2 day show, with over 30 land developers and promoters gave investors a chance to look at elite land ventures in Karnataka. This event was sponsored by LIC Housing Finance and Co-sponsored by ICICI Housing Loans and it was formally inaugurated by S.K. Mitter, Director and Chief Executive of LIC Housing Finance Ltd. State needs conference to meet the demand of about 30 Million housing units to meet the rising population and their growing interest’s quality housing. When land market is growing the race to stay forward is clear, said Mr. Mitter.
According to the sources available to www.propertykhazana.com, Shankara Raju, Regional Manager of LIC Housing Finance leaned light on loans set-up and he also discussed regarding the accessibility of top aggressive prices with LIC and the corporation assists the clients to reduce their lawful research and reduce their proceeding charge. President of KOAPA, Balakrishna Hegde advised on cutting taxes and duties to make residences affordable for common man and by paying 1/3rd of the land costs in the form of taxes is of no use. KOAPA is up coming with a sketch of its realty rules where it will assist the Govt. to take up some matters. Also, citizens must have the full awareness regarding their rights and duties to voice their remonstration well.
Source: NIMMA BENGALURU

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