Govt lifts ban on sale of flats in posh societies

Mumbai | Friday | 14th July, 2017

Summary:

Govt then banned the sale of these saying the purpose of developing housing societies has been defeated. AnalysisIn the 90s, MLAs, MPs, and IAS, IPS built housing societies on govt land at prime locations. Most of these housing societies are located at Nariman Point, Cuffe Parade, Worli, Bandra, Andheri, etc," said a senior government official. While handing over the ownership rights of the units, owners will have to pay the transfer charges to the local collector. In the Sukhada-Shubhada co-operative housing societies, Finance Minister Sudhir Mungantiwar, NCP leader Ajit Pawar, and Congress leader Rohidas Patil own several flats..