Good News For NRIs! A New Law To Protect NRI Property Will Soon Come into Force

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The State Government is going to scrutinize a new legislation during the upcoming assembly session to stop the illegal sale of NRI land. The assembly session is said to commence from December 13, 2017. The government is looking to frame a new law owing to increase in the number of NRI properties being sold by forgery.

Town and country planning minister Mr. Vijai Sardesai conveyed to the reporters that he has spoken to chief minister Manohar Parrikar about the new law.

There are a number of cases registered with the economic offense cell of Goa police regarding the illegal sale of NRI properties by forging the documents. This forging of documents and illegal sale of NRI properties forces the NRI’s to sell their properties in the state. There is always the fear of being cheated in their minds.

Since NRI’s are far away from their land, their properties are taken over in their absence and they are sold to other parties by making fake documents of their property.

According to Sardesai, the state government will soon introduce a legislation in the next assembly session for the protection of NRI’s and expatriate properties.

Sometimes a sale deed is executed by the NRI’s power of attorney without the knowledge of the owner of the land. Through the new legislation which is being framed, the state government will try to put a condition by which it will be necessary for the NRI to be present at the office of the sub-registrar to execute the sale deed. The new legislation would not allow the holder of power of attorney to execute the sale deed if he is not the owner of the land.

 

On his visit to Dubai to interact with NRI’s, Sardesai said that they feel a lot of politicians have come and gone but their issues stand still. Their issues have never been addressed. The state government has also received many petitions from the NRI’s asking for the protection of their properties.

Sardesai also said that their government wants to connect with the diaspora and wants to involve diaspora for the new policy making.

 

 

 

 

 

 

 

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