Kerala’s state government has announced that it will maintain the renewal of licences for old commercial buildings. This decision, communicated by a senior state minister, aims to ensure that older commercial properties remain compliant with current regulations without facing undue financial or bureaucratic burden. The move comes as part of the state’s broader effort to support property owners and businesses operating from older structures.
By continuing the renewal process, the government seeks to avoid disruptions in business operations and provide a degree of stability in the commercial real estate sector. The policy reflects the state’s commitment to balancing regulatory oversight with practical support for existing commercial entities. Property owners can expect a streamlined renewal process, helping them maintain their operations with minimal interruptions.
This approach underscores Kerala’s focus on fostering a conducive business environment while managing the challenges associated with older commercial infrastructure