- Shri Dnyaneshwar Cooperative Housing Society, with 400 members, finally secures freehold status after a six-year effort and payment of ₹1.5 crore in 2024.
- Society officials Vikram Naiknimbalkar and Pradeep Kadam share challenges faced in convincing members and navigating bureaucratic hurdles.
- Ram Khutwad from another housing society in Pune, with 457 members, successfully completes the process independently after raising ₹5 crore collectively, with retirees breaking fixed deposits to contribute.
- Minister of State for Urban Development Madhuri Misal plays a crucial role in facilitating discussions with the state government for the transition process.
- The policy allowing housing societies on government-allotted land to secure full ownership rights is highlighted by Misal and Suhas Patwardhan, president of the Housing Federation, as beneficial for residents and revenue generation for the state.
- Pune District Residential Deputy Collector Jyoti Kadam confirms increasing interest in the scheme since its introduction in 2018, but notes challenges in document retrieval and member financial contribution.
- The successful transition of Panchavati Society sets an example for other societies looking to gain full ownership, signaling a milestone in Pune’s urban housing landscape.
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