The IGR’s interim report reveals massive irregularities, undervaluation, and the illegal waiver of taxes in the ₹1,800-crore transaction.
BY PC Bureau
November 7, 2025: What began as a routine scrutiny of land records in Pune has blown up into a major political and financial scandal. A 43-acre government-linked plot in the city’s Mundhwa area — valued at nearly ₹1,800 crore — was allegedly sold for a mere ₹300 crore to a company reportedly connected to Parth Pawar, son of Maharashtra’s Deputy Chief Minister Ajit Pawar.
The explosive findings are part of an interim report submitted by the Inspector General of Registration (IGR) to the Additional Chief Secretary in Mumbai. The report exposes a chain of procedural violations, undervaluation, and deliberate underpayment of stamp duty in what officials describe as a “highly irregular transaction.”
Government Land, Private Profit
According to the report, the land in question — measuring 43 acres (17.5 hectares) — is officially recorded under the “Mumbai Government” as its occupant. Despite being government property, it was sold to Amedia Enterprises LLP, reportedly linked to Parth Pawar, for only ₹300 crore — a fraction of its actual market value pegged at ₹1,800 crore.
The plot had earlier been leased to the Indian Botanical Survey for 15 years, later extended up to 2038 at a nominal rent of ₹1 per year, confirming the government’s continuing ownership. Yet, the sale deed was registered between Sheetal Tejwani, the Power of Attorney for 272 private individuals, and Amedia Enterprises LLP, which claimed the land would be used for a data centre project.
Maharashtra में सामने आया एक और बड़ा खेल🚨
पुणे के मुंधवा में 1800 करोड़ की जमीन की डील महज ₹300 करोड़ हुई👀
इस पर स्टैंप ड्यूटी ₹21 करोड़ बनती थी,ये पैसा सरकारी खजाने में जाना था पर माफ कर दिया गया,आखिर क्यों ??
क्योंकि खरीदार #भाजपा सरकार में उपमुख्यमंत्री अजित पवार के… pic.twitter.com/JHunPw8rRB
— Devender Yadav (देव) (@DevenderYadav_) November 6, 2025
Stamp Duty Scam: From ₹21 Crore to ₹500
Perhaps the most glaring irregularity lies in the registration process. The report reveals that though the declared sale value was ₹300 crore, the stamp duty and associated taxes should have amounted to ₹21 crore. In reality, the entire deal was registered for just ₹500 — an amount typically reserved for token transactions.
Even if the data centre project was eligible for a 5% exemption, mandatory local levies such as Local Body Tax (LBT) and Metro Tax, amounting to nearly ₹6 crore, were unlawfully waived. Investigators have concluded that this manipulation resulted in heavy financial losses to the state exchequer.
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Registrar Suspended, FIRs on the Way
The report singles out Ravindra Taru, then Joint Sub-Registrar, for approving the sale without verifying any government permissions or a No Objection Certificate (NOC). He has been suspended pending further investigation.
Meanwhile, the government has issued a notice to recover ₹5.99 crore in unpaid stamp duty and is preparing criminal complaints against the Power of Attorney holder, the purchasing firm, and the Registrar.
Although Parth Pawar’s name does not figure in the FIR, officials confirm that Amedia Enterprises LLP has direct business links to him, making the deal politically sensitive and potentially explosive.
Eight-Day Deadline for Probe Committee
Reacting swiftly to the IGR report, the state government has constituted a high-level committee to investigate lapses within the Stamp Duty and Registration Department. The panel has been tasked with identifying all officials involved, determining the extent of the financial loss, and submitting its final report within eight days.
Opposition leaders have seized on the issue, calling it “a perfect example of how public land is siphoned off through manipulation and political influence.” The revelations are expected to trigger a fierce political battle in Maharashtra’s corridors of power.
