NRIs across the globe often require specialised lawyers to assist them in handling property management and other legal issues.
Property management entails managing your estates overseas through professional property managers. In Western countries, the phrase “professional property managers” is not commonly used. However, when NRIs travel to India, they tend to trust their relatives, someone from their village, or native towns to manage their property affairs. This sometimes proves to be a costly mistake as the first mistake they make as NRIs, which is to trust a person, who is not a professional manager, having no professional competence in the field. While many NRIs take solace in the fact that their relatives living in India can manage their assets, this decision can come back to haunt them. In recent years, illegal possession of properties and land has skyrocketed. This is mainly due to the fact that such properties are managed unprofessionally by people or relatives of NRIs, and are easy to grab. In some cases relatives or friends of NRIs end up grabbing their properties by taking undue advantage of the fact that the owner is abroad. Often, NRIs have either inherited or purchased property in India, but residing abroad makes managing the property a heavy burden. It is always wiser to have a professionals managing their property rather than a relative or friend.