Cidco flat transfers to be legalized

Mumbai: The state government plans to regularize the illegal transfer of flats allotted in Cidco projects in Navi Mumbai and other areas. It was decided, at a meeting at the Mantralaya on Tuesday, to initiate an 'amnesty scheme' to legalize such transfers. 

    People allotted house in Cidco projects cannot sell such flats for at least five years. But, many beneficiaries have bent this rule by issuing the power of attorney in the favour of another person. Norms advocate action in such cases. CIDCO authorities reportedly said an amnesty scheme for a period will be launched from July 1. Some state government officials said it would set a precedent.