Legislators penalised Rs 85 cr in Maharashtra
Around 225 former and serving legislators will have to pay over Rs 85 crore as penal interest and delayed amount in Maharashtra.
They have been penalised for failing to make the full payment of the flats allotted to them in Versova by Maharashtra Housing and Area Development Authority (Mhada) in 2009.
Compared to the market rate of over Rs 1 crore, the 600 sq ft and 900 sq ft flats were sold for Rs 42 lakh to Rs 53 lakh each. The strong decision was taken by CM Prithviraj Chavan after a meeting with representatives of Rajyog, a housing society of legislators, and senior housing and Mhada officials.
More than half the legislators have not paid the entire cost since the flats were allotted in August 2009. Though the grace period ended in January 2010, the society is yet to pay the balance amount.
Chief minister Prithviraj Chavan, housing projects in Versova, housing society of legislators, Legislators, Maharashtra, Maharashtra Housing and Area Development Authority (Mhada), Maharashtra Housing and Area Development Authority(Mhada), Mhada, Mumbai, penal interest, Prithviraj Chavan, Rajyog, Versova Mumbai
