New law to protect NRI property

New law to protect NRI property
05/12/2017 , by , in News/Views

With the increase in number of NRI properties being sold by forgery, the state government is contemplating a new legislation during the forthcoming assembly session, commencing December 13, to stop illegal sale of NRI land.

Speaking to reporters, town and country planning minister Vijai Sardesai said he has spoken to chief minister Manohar Parrikar about the new law.

The economic offence cell of Goa police has registered many cases in which NRI properties have been sold by forging documents. This is one of the reasons why many NRIs sell their properties in the state, for the fear of being cheated, a senior government official said.

Sardesai said that properties of NRIs have been taken over in their absence and sold to third parties through fake documents.

“The state government will introduce a legislation at the next assembly session through which NRIs and expatriate properties are being protected,” Sardesai said.

Sardesai said that sometimes the NRI’s power of attorney executes a sale deed without the knowledge of the owner of the land. “Through this legislation, we will try to make it compulsory that the NRI should be present at the sub-registrar’s office to execute the sale deed instead of the sale deed being executed by the power of attorney holder,” Sardesai said.

The state government has received petitions from many NRIs that their properties should be protected in the state. Sardesai, who was in Dubai to interact with NRIs, said that they feel lot of politicians have come and gone but their issues have never been addressed

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