College of Physicians and Surgeons buys Rs 21 crore realty, sparks controversy

Explaining the purpose of the purchase, he said “Once we get possession of these flats, we will use them as a guest house. Students pursuing our diplomas and fellowships also visit CPS for lecture series twice a year. They face difficulties to arrange their stay in the city. We will also accommodate them in the flats,”

He added that the L&T has received the occupation certificate for the project and CPS is expecting possession in the next month.

Pointing to the CPS’s source of income which is only the fees collected from students and medical institutes, the medical fraternity has reportedly questioned this lavish purchase made by the medical exam body.

Later, Dr Maindarkar justified the purchase, he claimed that for the past eight years, they had been building a ‘corpus fund’ for the guest house and the Charity Commissioner’s office was in the know of the purchase,

Mumbai Mirror reported.

However, this is not the first lavish deal made by CPS. In 2015-16, the organization had purchased six flats worth Rs 11crore at a realty project in Poisar, Kandivali. But the deal was later cancelled. Therefore, it has been speculated by various sources that how the CPS managed to double its budget for the guest house in a year.

Recently, CPS was in the news this year regarding its medical courses.

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