Taking a jibe over Bharatiya Janata Party leader Kirit Somaiya who has filed a petition in the Bombay High court against the Maharashtra government and builder-turned-Shiv Sena MLA Pratap Sarnaik over the alleged unauthorized construction of Vihang Garden in Thane and exemption of Rs 18 crores penalty to Sarnaik, Maharashtra Minister Aditya Thackeray on Thursday said that there is a politician-builder nexus but it should be seen positively.
Speaking at the Real Estate Forum of the National Real Estate Development Council (NAREDCO), Thackeray said, "There is a politician-builder nexus but it should be seen positively. We've been able to reduce stamp duty and premiums because of this nexus. Politicians and developers sell common things. We both sell hopes and dreams."
Bharatiya Janata Party leader Kirit Somaiya will file a petition in the Bombay High court on Friday against the Maharashtra government and Shiv Sena MLA Pratap Sarnaik over the alleged unauthorized construction of Vihang Garden in Thane and exemption of Rs 18 crores penalty to the builder.
"Tomorrow afternoon at 1 pm, we will file a petition at Bombay High Court against Thackeray Sarkar and Pratap Sarnaik for illegal protection to builder Pratap Sarnaik for unauthorized construction of Vihang Garden, Thane and exemption of Rs 18 crores as a penalty," tweeted Somaiya on Thursday.
Sarnaik's name hit the headlines earlier on March 25 this year, when the Enforcement Directorate attached his assets in connection with the National Spot Exchange Limited (NSEL) scam. The Central agency attached two flats and a parcel of land in Thane worth Rs 11.35 crore of Sarnaik and his family members under provisions of the Prevention of Money Laundering Act (PMLA).
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)