The Main Objectives of the Corporation are :

• To acquire land, with or without buildings, undertake construction and maintenance of houses, offices and other buildings and let out on rent, lease or any other arrangement and on such terms and conditions as may be agreed, for housing personnel of the Police, the Vigilance , the Fire and Rescue Services and Prison Departments of the Govt. of Kerala or for use as Offices, Police Stations, Training Institutes, Forensic Science Laboratory, Barracks, Stores etc. Of the said Departments to the Govt. or to any institution or body and to sell, exchange, transfer or otherwise dispose off such land and buildings to the Government or other institutions or body for whom the work concerned is undertaken by the Company or to enter into any agreement with them for the above purpose
• To carry on the business of builders, real estate agents, property developers, consultants, contractors, engineers, architects, interior decorators and designers, buyers/sellers and transferors, execute turnkey projects, value added services ,act as total solution providers, importers, dealers in distributors of all kinds of building material, furnishings and to undertake planning and construction of various types of civil structures including buildings for the Govt. Offices, Local bodies, Municipal Corporations and Non- Government entities and housing for their employees and residential houses, flats apartments for individuals and others
• To carry on the business as estate developers, agents and managers and to collect rents, arrange repairs, look after and manage immovable properties of persons, Firms and Companies, Governments and others, to give, take, sublet lease out any property, to carry out, undertakes or supervise any building construction, altering, improving , demolishing and repairing structures and other works and operations relating to townships, colonies and others.

The Objectives Incidental or Ancillary to the attainment of the Main objectives are:

• To raise funds necessary for the above and other allied objects, by securing loans from Government and other sources, including financial institutions and Banks on reasonable rate of interest, to arrange for their utilization and proper repayment, to obtain grants available from the Central or/and State Governments to achieve the aforesaid objects .
• To borrow or raise money from issue of or upon Bonds, Debentures, Bills of Exchange, Promissory Notes or other obligations or securities of the company, or by mortgage, hypothecation pledge or charge of all or any part of the property of the company or of its uncalled capital or in such other manner as the company shall think fit.
• To enter into contract with persons, institutions or organizations to carry out the objects of the company .
• To employ or pay experts , consultants etc, in connection with the planning and development of all business connected with Company's Operations.
• To procure and arrange for necessary machinery, material, equipment, technical and managerial assistance, information, instruction, inspection, supervision and other facilities for the purpose of carrying into effect any of the objects of the Company.
• To acquire by purchase, exchange, lease, transfer or otherwise however, the land and or / buildings necessary for carrying out any of the objects of the company.
• To purchase, take on lease ,transfer or in exchange ,hire or otherwise acquire any real or personal property and any right s or privileges ,which the company may think necessary or convenient for the purpose of its activities and in particular any land ,buildings, easement, machinery, plant and stock in trade.
• To enter into agreement with the Government of Kerala ,the Governments of India , Governments of Other State or Corporate Body or Local Authority or any Persons for carrying out the objects of the company or furthering its interests and to obtain from such Government, local authority, Corporate Body or person, any charts, subsidies, loans, indemnities , grants contracts licences, rights, concessions, privileges or immunities which the company may think it desirable to obtain and exercise and comply with any such arrangements, rights, privileges and concessions.
• To make, draw, accept, endorse, discount, execute, issue and negotiate cheques, bills of exchange, promissory notes, debentures and other negotiable or transferable instruments but the company shall not carry on the business of banking as defined in the Banking Regulation Act,1949.
• To invest any moneys of the company not for the time being required for any of the company in such investments ( other than shares or stocks in the company ) as may be considered proper and to hold or otherwise deal with such investments.
• To receive money or deposit and to utilize the same for the objects of the company .the acceptance of deposit shall be subject to the provision of section 58A of the Companies Act 1956 and the rules framed there under.
• To enter into partnership or into any agreements for sharing profits, union of interest, co-operation, joint venture, reciprocal concession or otherwise, with any person or company or companies carrying on or engaged in or adopt to carry on, or engage in any business or transaction which this company is authorized to carry on, engage in or any business or transaction capable of being conducted so as directly or indirectly to benefit this company.
• From time to time, to establish or to subscribe or contribute guarantee money or to give donation to any charitable, benevolent, religious, scientific or national trusts, fund, associations and institutions and to any other useful objects, purpose, fund, institutions of a public character which in the opinion of the Board of Directors is likely to promote the interests of the business of the company or to further its objects or to increase its repute or popularity among its employees, its customers, or the public or otherwise and/or to any charitable or useful funds whatsoever or for any exhibition subject to the provisions of the Companies Act 1956.
• To provide drainage facilities, lighting, laying of roads, paths and parks etc.in the construction and for housing schemes formulated, propounded, executed or adopted by the company.
• To lay or re-lay, out of any land comprised in the schemes, to distribute or redistribute sites or houses, to close or demolish obstructive buildings or portions of building, unfit for the human habitation, to demolish obstructive buildings or portions of buildings, the construction and reconstruction of buildings, their maintenance and preservation, the construction and alteration of streets and back lanes, the provision of drainage, water supply and lighting of the area included in the schemes, the provision of park, play grounds and open spaces for the benefit of any area comprised in the schemes or any adjoining area and the enlargement of existing parks, approaches etc.
• The collection of such information, data and statistics as may be necessary for carrying out its objects.
• To refer all questions, disputes or differences (whether present or future ) arising between the company and any other person whosoever in connectio0n with or in respect of any matter either relating to the business or affairs of the company or otherwise to arbitration, either in India or abroad in such manner and upon such reference to arbitration may be made in accordance with the provisions of any law on India relating to arbitration or in accordance with any other foreign system of law or in accordance with the rules of any Chamber of Commerce (either Indian or International
• Subject to provisions of the Companies Act, 1956 or any other enactment in force, to indemnify and keep indemnified members, officers, directors, agents, employees and servants of the company against proceedings, costs, damages, claims and demands in respect of anything done or ordered to be done by them for and in the interest of the company and for any loss, damage or misfortune whatever which shall happen in the execution of the duties of their office or in relation thereto.