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UoP shocker rent for 25 years: Rs 25 status: outstanding

After a recent internal audit by the varsity brought the matter to the fore, University of Pune is keen on clearing its liabilities with the district administration. But the yet unresolved issue of late-payment penalty is proving to be a stumbling block.

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Rules at times can be amusing, but that isn’t a licence to break them. The University of Pune (UoP) administration is learning this the hard way, while struggling to pay rent overdue for the last 25 years — a staggering amount of Rs 25. The pending sum was brought to the fore by an internal audit of the varsity.


A sweet deal: University of Pune had been allotted 411 acres of land by the state government in 1948 for a lease of 999 years – at a rent of one rupee per year. File Pic.

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