Exclusive zone for NRIs at Mohali
Tuesday, 28/08/2012
http://timesofindia.indiatimes.com/nri/other-news/Exclusive-zone-for-NRIs-at-Mohali/articleshow/15611016.cms
CHANDIGARH: A sector, exclusively for NRIs, is likely to come up soon, helping people settled abroad to invest back home and also feel safe from land related crime.
In a bid to showcase Punjab as an NRI-friendly state, the government has mooted an exclusive sector for NRIs in Mohali. The sector will offer not just plots to NRIs but complete security of land, high-end commercial area besides upscale facilities.
The project, a proposal for which has been prepared by the state government, is slated to have a grand unveiling - a delegation of Punjab government officials, along with deputy chief minister Sukhbir Singh Badal, will make a presentation on it in Canada in September.
The delegation is scheduled to have meetings with industrialists in Canada besides Punjabi NRIs to woo them to invest in Punjab.
"We are in the process of identifying land for the project and acquiring it," said additional chief administrator of Greater Mohali Area Development Authority (GMADA) Manjit Singh Brar.
"NRIs have their own issues and concerns about investing in real estate and this exclusive sector promises to take care of all the issues. It will have much better security and high end facilities for residents," said special secretary, housing and urban development, Prithi Chand.
"Most complaints made to the police by NRIs are related to property. Often, relatives and even local goons take over land belonging to NRIs, leading to dispute, leaving them (NRIs) running from pillar to post for justice. An exclusive zone will safeguard them against all this," said an official.
Promotional literature for this "exclusive colony" is being prepared for NRIs as the deputy CM leaves for Canada on September 10 as the head of a state delegation to participate in the Canada-India Agriculture and Food Processing Forum.
Besides attending the forum, Sukhbir will stay there for a few days and meet NRIs and business tycoons to convince them to invest in the state. Besides the official delegation, real estate tycoons, industrialists and businessmen will accompany him.
