Rise In Property Frauds With NRIs 'Disturbing', Affects Public Trust In State's Real Estate Ecosystem: Punjab & Haryana High Court

Punjab & Haryana HC: Property Frauds Affect Public Trust, Especially for NRIs The Punjab & Haryana High Court emphasized that property frauds severely erode public trust in the real estate sector, particularly impacting Non-Resident Indians (NRIs). The court highlighted the need for stringent measures to protect property rights and ensure transparency in land transactions, recognizing the vulnerability of NRIs who may not be physically present to oversee their assets. This observation underscores judicial concern over the rising incidents of fraudulent property dealings and their broader implications for investor confidence and the rule of law.