BDA to recover over 15 crore rental dues
Bangalore- An RTI activist’s queries revealed that Bangalore Development Authority (BDA) has to recover rental dues of over Rs 15 crore from the shops and office spaces it had leased out in its 15 shopping complexes in the city.
Several media copies of documents obtained through RTI were released on Tuesday by the activist, BM Shivakumar. The Authority which is failing to manage its existing shopping malls is elevating its ambitions to build four big market complexes at Jayanagar Market, Malleswaram, Seshadripuram and KR Puram.
BDA owns 774 shops and office spaces in 15 commercial complexes in the city, which include tenants who have not paid rent for years together, added Shivakumar.
He produced proof for a letter written by former BDA commissioner Bharat Lal Meena to the urban development department, in which the pathetic state of the agency’s financial affairs has been mentioned, along with requesting the BBMP to pay nearly Rs 500 crore to BDA for spending on various civic projects.
The BDA’s plan of remodeling the markets into mall like structures would further hike the rentals and make it impossible for existing vendors to afford the new commercial spaces, alleged the activist.
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