HOME : BEST OF BOTH WORLDS : MAJOR ISSUES : BUYING SELLING AND LEASING

Description:

Real estate and issues pertaining to NRI/NRGs investments in properties are among the top list of priorities of NRIs but they feel handicapped due to:

• Lack of knowledge of the procedures involved in buying, selling and leasing of real estate in Goa
• Staying thousands of miles away from Goa, makes the task of finding out genuine and updated information even harder
• Lack of awareness of the relevant current legislation
• Ability to obtain referral to trustworthy lawyers, bankers or real estate agents
  

Outcomes:

Negotiations are in progress with the State Bank of India (Nationalized bank and India's largest bank), ICICI Bank (Private sector bank and India's 2nd largest bank) and Centurion Bank of Punjab (Private sector bank for a Home Search Facility which will enable NRI/NRGs to:

• Identify properties/buyers
• Organize site visits
• Negotiate rates
• Provide referrals to trustworthy lawyers to assist in documentation and registration for purchase or sale
• The negotiations also include Mortgages and Home Loans.

Nationalized bank and India's largest bank	Private sector bank and India's 2nd largest bank	Private sector bank