A flatowner has filed a writ petition in Bombay High Court against the suburban collector’s office for non-recovery of transfer premium allegedly running into hundreds of crores in respect of several property transactions at Neelkanth Kingdom in Vidyavihar West over the past decade. The petitioner has also made the lessee of the land—Vidyavihar Containers Ltd, developers and six registered housing societies of the complex parties to the writ petition.

Neelkanth Kingdom, a residential project, currently has seven residential buildings as part of Phase I while Phase II is yet to start. This housing complex is built on land leased by the suburban collector to Vidyavihar Containers Limited, who gave the construction rights to the developer, hence there are a number of payments to be made to the collector for construction, sale, purchase, mortgage or any property transaction.