Deputy mayor Sanjay Joshi
on Tuesday warned of strong agitation against the civic
administration’s move to mortgage important properties like museums and
parks.

The AMC recently offered its 25 prime properties to a
bank in the form of co-lateral security against the loan. The civic body
is in need of funds for the water distribution project being planned
under public private partnership.

The NCP too is against mortgaging the museum.

Executive engineer
Sakharam Panzade, however, said only the land of the museum will be
mortgaged and not the articles of historical importance kept there.