Pune civic body to sell 1,200 civic flats to tenants – ET RealEstate

PUNE: Tenants of around 1,200 municipal flats will soon get their ownership, with the Pune Municipal Corporation (PMC) deciding to sell these houses to their present occupiers. The civic body is expected to generate Rs200 crore in revenue from the move.

According to PMC officials, these flats have been allotted to the citizens who lost their properties in projects like road expansions and construction of civic amenities.

“An option is being explored to give the flats to these tenants. Most of the properties are small flats like 1RK or 1 BHK. Cost of flats will be decided based on the location and size of the units. Price may be charged as per ready reckoner rates,” Hemant Rasane, chairman of PMC’s standing committee, said.

“Many tenants have not paid their rents for years altogether. But PMC is left with no option but to provide them services,” a senior PMC official said.

The PMC gets flats in housing complexes of over 1,000sqm as a part of the reservation policy. Mostly, these flats are given to urban poor and project-affected people. They are offered on 30 years’ rent. PMC data shows around 4,200 flats are available with PMC via this policy, of which 1200 are occupied right now.

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