Pune Bar Licence Holders Host Illegal Party to Raise Rent Funds
Three permit room licence holders of L3 bar in Pune organized an illegal party to raise funds to pay their rent dues, investigations reveal.
PuneIllegal PartyL3 BarRent DuesPermit Room Licence HoldersReal Estate PuneJul 07, 2024
The three FL-III (permit room) licence holders had taken the L3 bar premises on a monthly rent of Rs3 lakh in April and had started renovation work before it became operational on June 1. However, the owner had started pursuing the trio for rent for the first two months during which it was closed for renovation.
In a desperate attempt to raise funds, the three licence holders spread the word on social media, inviting organizers to hold parties and after parties. An event organizer, who was attending a party at a pub in Hadapsar on June 23, contacted them to hold an after party. The event was uploaded on social media, and around 2 am, 50 persons came to the L3 bar. The after party that went on till 4.30 am was part of the trio's attempts to raise funds for rent, according to Senior Inspector Chandrashekhar Sawant from the Shivajinagar police.
The incident has raised concerns about the lack of monitoring and regulation of commercial establishments in the city. The police have launched an investigation into the matter and are taking necessary action against the licence holders and the event organizers.
Frequently Asked Questions
Why did the three permit room licence holders of L3 bar organize an illegal party?
They organized the party to raise funds to clear their rent dues.
How much was the monthly rent of the L3 bar premises?
The monthly rent was Rs3 lakh.
When did the L3 bar become operational?
It became operational on June 1.
How many people attended the after party at the L3 bar?
Around 50 people attended the after party.
Who is leading the investigation into the illegal party?
Senior Inspector Chandrashekhar Sawant from the Shivajinagar police is leading the investigation.
Related News Articles
Pune's Pimpri Chinchwad Municipal Corporation to Unveil Smart City Plan on August 20
PCMC's smart city plan aims to transform Pimpri Chinchwad into a sustainable and livable city, with a focus on efficient governance, transportation, and civic amenities.
Blackstone Acquires 40% Stake in Indian Real Estate Giant Kolte-Patil for $134 Million
U.S. investment firm Blackstone has finalized a deal to acquire a 40% stake in Indian real estate developer Kolte-Patil Developers for $134 million, marking a significant move in the Indian real estate market.
IPO Frenzy: 14 Listings to Raise Over ₹9,000 Crore This Week - Where to Invest?
Get the latest stock market news and updates on the biggest IPOs of the year. Find out which companies are going public and how to invest in them.
India's Real Estate Investment Hits Record High of USD 3.9 Billion in H1 2024
India's real estate sector saw a significant boost in investment during the second quarter of 2024, with foreign investors contributing 76.3% of the total.
Grahm Real Estate Advisory Expands with ₹100 Crore Investment in FY26
Grahm, a prominent real estate advisory firm, plans to invest around ₹100 crore in FY26 to expand its operations into seven new cities, aiming to capture 10% of the residential real estate market.
Is Bengaluru's Real Estate Market Headed for a Crash? Redditors Weigh In on Layoffs and Infrastructure Issues
Bengaluru, India's tech hub, is facing a real estate crisis as sales and supply tumble. Redditors are pointing to layoffs and inadequate infrastructure as major concerns. Is the market on the brink of a bubble burst?