Maha builders reaping windfall gains due to govt sops: Devendra Fadnavis

New Delhi: Former Maharashtra chief minister Devendra Fadnavis has now alleged that many builders were receiving “windfall gains” at the cost of the government exchequer because of the policies of the state government to provide cusion against recent economic slowdown.

Fadnavis has shot off a letter to the present chief minister Uddhav Thackeray saying decisions like reduction of stamp duty, premium and ready reckoner rates were resulting in windfall gains for many builders in the state. He even threatened to file PIL in Bombay High Court over the matter.

"Under the garb of reduction for rationalisation, windfall gains cannot be allowed to a handful few. In case no corrective action is taken by you despite being made aware, I will be compelled to file a PIL in the Bombay High Court," he wrote. 

The state government had reduced stamp duty and premium in the wake of the slowdown and difficulties experienced by the builder due to the corona pandemic.