Premium
This is an archive article published on November 25, 2008

Few benefit from fine waiver scheme

The amnesty scheme for the 1010 owners of flats built by the Pimpri-Chinchwad New Town Development Authority...

.

Deadline for housing colony defaulters is Nov 30

The amnesty scheme for the 1010 owners of flats built by the Pimpri-Chinchwad New Town Development Authority PCNDTA, who have not been paying monthly installments regularly, ends on November 30. They have only days to go to get 50 per cent waiver on the fines imposed by the PCNDTA.

Only 218 defaulters have paid up till November 22. The defaulters have so far paid only Rs 35 lakh out of a total Rs 4 crore they owe PCNDTA, in addition to the fines.

The PCNTDA was formed to provide affordable housing to residents in Pimpri-Chinchwad. It gets installments from 3,355 flat owners from eight housing schemes every month. PCNDTA has a provision of imposing fine if flat owners default on their payment.

Although defaulters owe a total of Rs 4 crore, the fine of Rs 7.4 crore far exceeds outstanding dues. Many defaulters are confused because of this. PCNDTA chief executive officer Suhas Divse and Divisional Commissioner Nitin Kareer had called a meeting in May to discuss the matter.

It was decided to launch the amnesty scheme from June to November.

Defaulters paying within the deadline were granted a discount of 50 per cent on the fine. PCNDTA expected to recover a lion8217;s share of the amount by launching the scheme. 8220;But at the end of six months, only 218 have paid up. PCNDTA has received only Rs 21 lakh of outstanding dues and Rs 14 lakh fine. Most of those who paid are from the low-income category. High income group defaulters have not taken advantage of the scheme,8221; said a PCNDTA official.

Story continues below this ad

Society no. 1 in Indrayaninagar locality has 364 defaulters. The scheme ends on November 30. 8220;I appeal to all defaulters to benefit from the scheme,8221; said Kareer.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement