BUSINESS

Property norms in Goa tightened

By BS Regional Bureau in Mumbai/Panaji
May 10, 2006 11:28 IST

If you plan to buy or rent a property in Goa, be ready to provide your personal details to the local police station.

With reports of terrorist activities in the tourist hub, the district magistrate has issued orders that no landlord or owner of a property shall let or sub-let any  accommodation to any person 'unless and until' he or she has furnished personal details to the local police inspector.

According to the order, there have been reports that most of the landlords, owners of the commercial and residential buildings rent or sell their property without getting the personal details of the buyer verified by the police.This casual approach helps criminals, terrorist and anti-social elements.

It further states that any person contravening the said order can be punished under Section 188 of the Indian Penal Code. The order has come in force from April 26 and will remain in force for a period of 60 days.

DIG of Goa Police Ujjwal Mishra said the process of collecting information of tenants was still on and tenant verification, which has to be done on tenant forms has started.

"People who deal in real estate will have to inform in writing about the particulars of their clients to the police station in whose jurisdiction the premise falls," he added.

Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group
BS Regional Bureau in Mumbai/Panaji
Source:

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email