What did the IIT Madras report say about Mundamveli apartments?

It flagged corrosion in steel elements, drainage and waterproofing gaps, and non-compliance with relevant IS codes. The panel prioritised near-term work to limit water ingress and arrest corrosion ahead of the monsoon, followed by permanent strengthening and certified waterproofing after initial risk controls are in place.

Why is there an immediate Rs 28 lakh spend?

The amount funds urgent measures like sealing leaks, applying protective coatings, improving drainage, and conducting rapid non-destructive tests. These steps aim to stabilise the site before heavy rain, lower near-term risk, and inform the scope, sequencing, and certification of the longer-term strengthening program.

How could this affect Kerala’s housing budgets and vendors?

Agencies may reallocate maintenance budgets to urgent works, tighten audits, and split tenders. Testing labs, waterproofing, corrosion protection, and drainage retrofit vendors could see near-term orders. Pre-engineered steel suppliers may face stricter QA, documentation, and site inspections tied to IS-code compliance and third-party certification.

Is GCDA involved in repairs at Mundamveli apartments?

GCDA manages separate repair and development mandates in Kochi. While not stated as the executing agency here, the case can still shape audit checklists, contractor prequalification, and penalty clauses across city assets, as authorities often apply learnings from one site to similar public housing portfolios.

Global Market Insights

Mundamveli Apartments: Corrosion Warning Spurs Rs 28 Lakh Fix – February 23

ByDanny Kontos February 23, 2026February 23, 2026

Mundamveli apartments are in focus after an IIT Madras–led panel warned of corrosion and code non-compliance. Authorities approved a Rs 28 lakh emergency fix ahead of the monsoon to reduce immediate risk. We explain what the report means, why the spend is needed now, and how it could affect Kerala’s public housing budgets. For investors, Mundamveli apartments highlight rising compliance costs, tighter audits, and short-term order opportunities for testing, waterproofing, and corrosion protection vendors in the state.