Hundreds of NRI luxurious houses vacant in Kerala, people ready to sell but not getting buyers

Many villages in Kerala also have all the facilities of townships thanks to NRI money.

Many houses are vacant in Kerala because the owners of these houses have settled abroad. Around 100 vacant NRI houses, most of them palatial, are up for sale in Kappuzha village in Kerala’s Kottayam district. The village has all the amenities of a township thanks to the NRI money invested here over the years. Kanaya Catholic community lives in large numbers in this area. Let us tell you that the members of this community started going abroad for jobs in the early 1950s.

However, not only the Canaanites but other communities have also migrated. Moreover, in places like Kaduthurthi, Uzhavoor, Karinkunnam etc. most of the houses are vacant and their owners come once in a year.

About 11% houses are vacant

The first generation NRI to have built the vacant homes had planned to spend his retirement years in it. However, their children chose to settle abroad and the homes became empty after the passing of their parents.

Biju Abraham, who runs a short stay facility for elderly persons at Mallapalli in Pathanamthitta district, often interacts with the Indian diaspora. He told The Times of India, “In many houses in this panchayat only old parents lived. Most of the houses remain closed after they die because the children do not want to return.” According to the 2011 census, 10.6% of the houses in Kerala were vacant. There were a total of 11,89,144 vacant houses, including 5,85,998 in rural areas and 6,03,146 in urban areas. With increasing migration for jobs and education, the number of vacant houses is likely to increase in the next census.

Out of 11,156 houses in Koipuram Gram Panchayat, 2,886 houses are closed.

Data from Harita Karma Sena, which collects non-biodegradable waste from households and establishments for recycling, shows that 2,886 out of 11,156 households in Koipuram gram panchayat in Pathanamthitta district are closed. Kumbanad is a village where at least one person from every household is abroad. The officer in charge of the Harita Karma Sena there said, “Some owners come occasionally, but most houses remain closed.”

P Prasad, a realtor based in central Kerala, also said that many vacant NRI homes are up for sale. P Prasad said, “Real estate sites are full of advertisements. Most of these houses are big and cost above one crore.” He said that there are many sellers but not many buyers. P Prasad recalls how an elderly couple spent Rs 2 crore from the money sent by their NRI children to build their dream home. Then the wife passed away and the children pressurized the father to stay abroad. The old man sold the house immediately after house warming for Rs 1 crore.

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