India Real Estate Link

In a recent development, a famous Non Resident Indian association has demanded to the Indian Government to bring in fast-track courts to facilitate quick disposal of their real estate disputes back home.Worldwide Group of People of Indian Origin (GOPIO), US based NRI organization further clarified that NRIs have substantial properties and investments in residential and commercial real estate in India, but the laws of the land do not give enough relief to guard them from defaulting tenants or usurpers.When it comes to getting their property vacated in India or when a tenant fails to pay rent, an ‘An NRI faces huge difficulties in resolving issues like this. Their properties are often seized by others, including relatives, and they have almost no redressal. This is a main problem of the community living out of the country.Mr. Maheshwari, a GOPIO member said that since the legal process in India is disgracefully staggered we think there should be fast-track courts for clearance of cases of NRIs. We demand this simply because we cannot be present in India and fight our cases endlessly. ‘In India there are separate courts and tribunals for some segments, Consumer protection courts. Can’t we have fast-track courts for NRIs? Else we are simply concerned about the security of our property in India,’ Maheswari said.The organisation has approached Overseas Indian Affairs Minister Vayalar Ravi and Law Minister H.R. Bhardwaj with their demands and is optimistic that the government will come out with a solution.