Tuesday, October 15, 2019

Posted at: Sep 15, 2019, 7:41 AM; last updated: Sep 15, 2019, 7:41 AM (IST)

MC may rent out vacant booths in Sector 17

Chandigarh, September 14

Having failed to auction 39 booths at the new underbridge market in Sector 17 here despite several attempts, the MC has proposed to allot these on monthly lease/rent basis.

An agenda in this regard will be tabled for approval during the MC General House meeting on Monday. The reserved price of the booths ranges between Rs 55.12 lakh and Rs 80.74 lakh.

The MC had spent crores on construction of these booths in 2013. Traders did not evince interest in these commercial establishments as they felt its cost was too much while they did not expect much business there. They suggested that the MC should either bring down the rates of these properties or give these booths on rent. —TNS


All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Share On