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Pune: The Pune Department of Registration and Stamps has announced that the alleged land transaction involving Amedea Enterprises, LLP, a company in which Parth Pawar, the son of Deputy Chief Minister Ajit Pawar, is a partner, will only be formally cancelled upon payment of roughly ₹43 crore in stamp duty and penalties.

Amedea Enterprises, LLP, which recently requested the cancellation of the transaction after it became the focus of a significant political and financial controversy, is essentially bound by the registration department's requirement.

The ₹43 crore condition

The purchase agreement for a 40-acre parcel of land in Pune's Mundhwa-Koregaon Park neighbourhood is at the heart of the dispute. It is valued at ₹300 crore

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