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Indian NRIs' properties back home becoming targets of greedy relatives

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prasad1

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The_Times_Of_India

Indian NRIs' properties back home becoming targets of greedy relatives and dubious developers


Greedy relatives and shady agents are unlawfully grabbing the properties of Indian expatriates living in Dubai.
Caught in this miserable scenario, many Indian expatriates in Dubai are seemingly fighting the unending legal battles back home.
According to Gulf News, and it is not easy to pay hassle-free frequent visits to India, and go through the notoriously lengthy legal process in the country.
Some cannot even put on combat gear as the enemy, in many cases, is there own parents or siblings.
According to lawyers, the misuse of power of attorney is rampant across India. Invariably, NRI owners top the list of victims.


Chokshy, a seasoned lawyer with over 30 years of experience in Gujarat civil courts, said he has seen many NRIs go through bitter experiences where their parents or siblings have grabbed their property.
 
Prasad,

this is to be expected though i would put NRI to two categories - those like in the gulf, who plan to come back and visit regularly, put their kids in indian colleges, and marry them off in india.

the other group, are folks like me who have settled for good outside of india, and whose children, would probably never live in india. it is these folks' properties that are game. if these die, the chilidren are not aware/do not know or care about indian properties.

once upon a time, the value of such, when converted to dolla was insignificant. but today, a ground in mylapore is worth 5 crore ruppees which is $1 million, and in nungambakkam, even more $$$.

so, NRI can expect even more aggressive intention on their properties. considering they are living so far away, i think, it is best to sell them. because even the own brother or sister may be tempted. and if it is fallow land, nothing to prevent poachers and goondas to stop taking it away.
 
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