123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Real-Estate-and-Foreclosure >> View Article

Osho Property In Problems

By Author: Vinay kumar
Total Articles: 54

According to a recent newspaper reports, Pune property of Swami Govindanand an Osho follower has come under scanner as Osho International Foundation (OIF), was trying to sell of the property at Pune. The Swami had given the flat to be used a library. He had a large collection of books and tapes from Osho Rajaneesh and he was so passionate about them that he wished that the flat should be convereted into a library called Osho Swageet library. When Swami Govindanand breathed his last in December 2003 he handed the property over to Osho Swageet. The flat was handed to seven trustees, Jagdish Vasani, Manju Agrawal, Jagdish Gupta, Swami Anand Prem, Sanjay Bagmar, Radheshyam Saraswati and Swami Prem Chaitanya.


The Pune property is located in Koregaon Park. The Pune property was reportedly put up on sale for approximately 33 lakhs. The money from the sale was supposed to be forwarded to Osho International Foundation , whose accounts have been frozen under a Swiss court order under the suspicion of misappropriation of funds. The OIF had asked the trustees to sell the property had give all the money to the cash strapped OIF. But after the trustees consulted legal advisors they came to know that the flat cannot be sold to any third party.


Apparently when this matter came into the public foray, in an attempt to save their face, the trustees have canceled the deal. The trustees said that the Osho International Foundation has been informed that the flat cannot be sold to any third party and so they are canceling the property deal. But the main question is why was Swami Govind's last wish not respected. According to the trustees due to digitization no people are interested to listen to audio tapes. Also, books have no readers.


The main prospective buyer of the flat in Pune is shell shocked with the new developments. He was staying in the flat for the past few months and he was hoping to buy the flat. Now due to sudden developments he has been asked to vacate the flat on immediate basis. It has been speculated that the person had already made the complete payment for buying the Pune property. Swami's daughter is asking the trust to return the flat to the Swami's family. According to her if the OIF cannot fulfill her fathers last wish they should return the flat to his family.


Makaan.com is a popular India properties site that focuses on Property Search and property in Pune. People can do property search for property for sale.

Total Views: 83Word Count: 434See All articles From Author

Real Estate and Foreclosure Articles

1. 5 Essential Tips For Successful Real Estate Investing
Author: RC NC

2. Sell Your Home To The Potential Home Buyers Alabama?
Author: Home buyers

3. Boerne Tx Homes For Sale –a Professional Cordillera Ranch Realtor Knows What The Client Exactly Need
Author: Richmond Frasier

4. Why Living Close To Nature In Barog Has A Transforming Effect On Your Life?
Author: The Woods Barog

5. • Building Information Modeling For Building Construction
Author: NIBT

6. Vianaar : La Sierra Estate Villas
Author: Vianaar Homes

7. Is Aventura Condos A Good Investment?
Author: Irit Naymark

8. How Can I Be An Elegant Investor In Real Estate?
Author: Teena Gupta

9. Things That You Should Know About Rera
Author: Aksha Group

10. Cordillera Ranch Boerne Tx Realtor –boerne Tx Home Selling Has Become Less Hassling!
Author: Richmond Frasier

11. Mep Bim Moedling And Clast Detection On Plant Room
Author: NIBT

12. Ready-to-move-in Homes Or Under Construction Homes?
Author: Mapsko Group

13. Luxurious Service Apartments In Mangalore
Author: Paul Wright

14. Smarthost - Airbnb Management London
Author: Aza Rahmanoff

15. Things To Know About Europe’s Top-rated Tourist Destination-cyprus
Author: Chris Michael

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: