Pawar Family Scion's Company in Stamp Duty Controversy
A company linked to Parth Pawar, nephew of Maharashtra Deputy Chief Minister Ajit Pawar, has sought additional time to respond to a substantial stamp duty notice concerning a controversial land transaction in Pune. The notice demands payment of approximately Rs 21 crore in stamp duty for a Rs 300-crore deal involving a 40-acre land parcel in the prime Mundhwa area.
Government Land at Center of Dispute
The controversy erupted when investigations revealed that the land in question actually belongs to the Maharashtra government, raising serious questions about how a private firm could negotiate its sale. According to official records, the company had previously been granted exemption from paying stamp duty for this transaction, a decision that has now come under intense scrutiny.
The deal, which involved the proposed sale of the 40-acre Mundhwa property, was flagged by authorities after discrepancies emerged regarding land ownership and the stamp duty exemption. The timing of the notice and the company's response comes amid increased public attention on high-value real estate transactions involving politically connected individuals.
Legal Proceedings and Next Steps
The company's request for additional time to respond to the Rs 21 crore stamp duty notice suggests complex legal arguments may be forthcoming. Legal experts indicate that cases involving government land and stamp duty exemptions typically require thorough documentation and can lead to prolonged legal battles.
This development marks another chapter in the ongoing scrutiny of real estate transactions in Maharashtra's prime locations. The outcome of this case could set important precedents for how similar cases involving government land and stamp duty obligations are handled in the future.
Authorities continue to investigate the circumstances under which the stamp duty exemption was originally granted and whether proper procedures were followed in the land deal negotiation process.
