Everybody likes to have their own home. On a short note, with www.propertykhazana.com, Union Minister for Corporate Affairs said, “There must be a feasible solution to work toward promoting the welfare of the investors of Maytas Properties. They need good inflow of cash in order to save the project. Around two companies have come to the forefront to help the government”.
The government will have to act like a big brother to protect the interest of investors and promote their welfare. The government is introducing steps to protect the interest of Indians who have invested in India. On occasion of the government sponsored Pravasi Bharatiya Divas (PBD), which is the gathering of the Indian people from various places, the Minster of Corporate Affairs stressed on the fact that the issues which are raised by the Indians on assets are vital and must be discussed and solutions must be found out.
The records are getting computerized and all the details of assets are entered. The Wakf records and details will be updated within a year and a half. Minister of Overseas Indian Affairs said, “The issue of Overseas Indians relating to the assets will consist of succession, it will take landlord-tenant relationship, deals with property registration and stress on the new investments and builders violation of promises.
In addition to this, he stressed on the fact that land and assets are under the jurisdiction of state. The minister also said,” The laws differs from state to state and many conferences have been organized to solve the problems and response has been so far so good. They have also set up the bureau to solve the issue of Non Resident Indians. For more information on this exciting conversation, please visit www.propertykhazana.com.
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