Salman violates MRTP Act

According to former IPS officer and social activist YP Singh, bollywood actor Salman Khan has violated the Maharashtra Regional and Town Planning Act.

Salman Khan bought a flat in a building named ‘The Address’ which is located at the Bullock Cart Road and is between the lane of Mannat and Taj Lands End at Bandstand (Bandra).

The power of attorney of the flat has been handed over to Salman Khan's father, Salim Khan.

According to the documents, Salman Khan on paper has purchased a flat measuring 1079.95 square feet and has paid an exact price of Rs 20 Crore. But buzz is that Salman Khan paid Rs 1.80 lakh per square feet, which is more than the current market rate. The current market rate in that area is Rs 25,000 to 30,000 per square feet. 

YP Singh said that, “It is clear that the extra price, which has been given is said to acquire a non-FSI component of the building, which cannot be sold. There is a dedicated parking at the 11th floor with a personal swimming pool. On paper, the property is only 1079.95 square feets, but actually the space occupied (that of the flat) is around 8000 square feet, which is deceiving.”

He added, “As per the law, common areas like lobby, garden, swimming pool, parking and fire refuge area cannot be owned by an individual, but can be utilised by all the members of the building. It would also be a case of money laundering, as Khan, by paying such a huge amount of Rs 20 crore might have converted all the black money into white."

“This requires a detailed investigation and once it is done, it will be clear whether it’s money laundering or a case of environment protection act or Violation of Maharashtra Regional and Town Planning Act. The Police and Municipal authorities should indulge into the probe for the same.”

Unknown

- Unknown Updated at: Sunday, June 10, 2012