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Foreign land mafias eyeing Goa's real estate: Parliamentarian
Published in Bikya Masr on 27 - 04 - 2012

Goa: Foreign land mafias are usurping and exploiting scarce land resources in the beach paradise of Goa and triggering a “social and economic chaos”, the Western India state's only representative in the House of Elders said on Friday.
Congress MP Shantaram Naik, who Friday tabled a private member's bill in parliament seeking special provisions for Goa under article 371 of the Indian Constitution has said that “regulation” of land transactions in Goa, one of India's tiniest states, was the only way to preserve the identity of the region.
“Land is becoming a scarce commodity more particularly in small States. Land mafias from foreign countries are landing in States like Goa with tons of money buying huge areas creating social and economic chaos. Some of the parties are potential enough to buy a whole village in a smaller State like Goa,” Naik told Bikyamasr.com
“Rights existing under the constitution should not be so unfettered so as to change economic scenario of a smaller State, particularly its villages, much to the disadvantage of the State and its people. Anti-social elements which become a part of such uncontrolled transactions are proving disastrous for a State like Goa,” Naik said in his private member's bill, adding that states had to be empowered to “enact appropriate legislations to bring in restrictions on transfer of land and other immoveable properties on grounds of duration of residential requirement”.
The issue of special status has been raised by NGOs and political parties in the state, who claim that land prices are escalating due to uncontrolled purchases by real estate lobbies from outside Goa.
Apart from real estate lobbies, popular coastal beach stretches are also in the cross hairs of the Intelligence Bureau (IB) and the Enforcement Directorate (ED) which has red-flagged several real estate deals in the coastline, which were allegedly funded by the front men for the Russian mafia.
While over 40,000 Russian tourists hit Goa's beaches in the tourist season from October to March, the beach tourism destination also saw some 4,000 Israeli tourists hitting the surf here annually.

Land mafias eyeing Goa's scarce, but valued coastal real estate


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