2 weeks ago

Rajamahendravaram Corporation Reviews Shop Rent Arrears, Lease Actions

Rajamahendravaram Corporation Reviews Shop Rent Arrears, Lease Actions
Shop rent arrears reviewed · thehansindia.com

Rajamahendravaram Municipal Corporation is trying to collect unpaid rent from its shops.

The money is important for running the city and funding development work.

The corporation manages 694 shops in 44 commercial complexes.

Some shop renters have not paid their rent on time.

Officials are sending notices to people who owe money.

Old leases will be renewed according to rules.

Shops with leases longer than 25 years may be auctioned.

The corporation also wants an online system to track rents, leases, unpaid amounts and court cases.

Key facts

Shops controlled
694
Commercial complexes
44
Main issue
Long-pending shop rent arrears
Lease action
Renew expired leases according to prescribed rules
Auction condition
Periodic auctions for shops whose leases have exceeded 25 years
Digital plan
Create a dedicated municipal-shop module and map commercial properties
Online records
Lease periods, rent payments, outstanding dues and court cases

Sources

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