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Dream Girl obtains Prime Land for just Rs 1.75 lakh
By: Tupaki Desk | 16 April 2016 11:09 AM GMT
The ruling BJP Government in Maharashtra offered 2,000 square metro plot in Mumbai's costliest locality Ambivli in Andheri to veteran actress and party MP Hemamalini for a nominal price of Rs 1.75 lakh to set up a dance school.
As per market price, The piece of land costs not less than Rs 70 crore. Offering the prime land to the celebrity at a throwaway price drew criticism from all quarters.
As per existing rules, Charity and Educational Trusts have to pay only 25% of the total cost of the allotted land as per market value on February 1st, 1976. The market value of Hema Malini's plot in 1975 stood at Rs 350 per square metre. As the beneficier need to pay only 25% of the total cost (Rs 7 lakh), Hema will have to contribute Rs 1.75 lakhs for 2,000 square metros.
Hema Malini sought land for setting up dance school & cultural complex 'Natya Vihar Kala Kendra' in 1996.
As per market price, The piece of land costs not less than Rs 70 crore. Offering the prime land to the celebrity at a throwaway price drew criticism from all quarters.
As per existing rules, Charity and Educational Trusts have to pay only 25% of the total cost of the allotted land as per market value on February 1st, 1976. The market value of Hema Malini's plot in 1975 stood at Rs 350 per square metre. As the beneficier need to pay only 25% of the total cost (Rs 7 lakh), Hema will have to contribute Rs 1.75 lakhs for 2,000 square metros.
Hema Malini sought land for setting up dance school & cultural complex 'Natya Vihar Kala Kendra' in 1996.
