A decision to this effect was taken at a meeting between state BJP president Raosaheb Danve and senior Sena leader and state Industries Minister Subhash Desai here.
Today's meeting came after a round of talks held between Maharashtra Chief Minister Devendra Fadnavis and Sena leader and state PWD Minister Eknath Shinde at the former's official residence 'Varsha' here.
Sena had emerged as the single largest party bagging 52 seats in the 122-member KDMC but fell short of a majority. BJP came second winning 42 seats, improving on its earlier tally of nine. With the decision to share power, the combined strength of Sena and BJP would be 94.
The election to the post of Mayor will be held on November 11, while the last date of filing nomination papers is November 7. The election to the Mayor's post will be held by secret ballot.
More From This Section
According to sources, Uddhav Thackeray-led Shiv Sena has offered a power-sharing formula to BJP to end the deadlock in KDMC.
Sources said the power-sharing formula entails that Sena will get the Mayor's post for four years, while BJP will get it for one year. The chairmanship of the standing committee will be held by BJP for three years and the remaining two years by Sena.
Meanwhile, in a statement issued by BJP this evening, the party said further talks between the two parties will be held by Minister for Finance and Planning Sudhir Mungantiwar (BJP) and PWD Minister Eknath Shinde (Sena).
After the two leaders work out the modalities and arrive at a power-sharing formula, the top leadership of both the parties are expected to give their final approval.