'Rent of Market Shops Revised Only Twice Since 1975'

Though the BBMP cash-strapped, the rent of the shops in its markets was revised only twice since 1976.

Published: 10th December 2013 08:13 AM  |   Last Updated: 10th December 2013 08:13 AM   |  A+A-

Though the BBMP cash-strapped, the rent of the shops in its markets was revised only twice since 1976. The Standing Committee on Markets conducted a reviewed meeting in East Zone on Monday.

A press release from the BBMP said that the rent for the shops in Public Utility building was revised only twice since 1976. Also, the license given to these shops have not been renewed. The committee members alleged that this is due to negligence of the  officials.

They also found that the civic body is collecting rent as low as `115 to `300 per month in other smaller markets in East Zone.  The licence of these shops have not renewed from the last 30 years, they added.

Speaking to Express, committee member B R Nanjundappa said that BBMP has failed to depute a dedicated Joint Commissioner for Markets.

“At present, Additional Commissioner (Finance) Kiran is in charge of markets. He  is overburdened and does not get time to review the markets,” he said. 

“The shops have become residential complexes. We are not getting rent from these places. We have now decided to take video of these markets and submit to the Commissioner,” he said.

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