It has been found that there have been huge irregularities in renting out Thiruvananthapuram corporation buildings to private individuals. Mayor V V Rajesh has directed the Corporation Secretary to collect detailed information, including floor areas and lease documents, for all rented corporation assets to reclaim unauthorised transfers.
In a Facebook post on Monday, K S Sabarinathan, who was a former MLA, said the Corporation should decide on the issue of the MLA's office being operated in the municipality office in Sasthamangalam ward, including the rent amount, by examining the agreement between the municipality and Prashanth
The gross leasing stood at 161 lakh sq ft in the year-ago period across seven major cities, the data said.
Hyderabad accounts for 14 per cent of the country’s aggregate office stock, according to a report titled 'Telangana Going Global', prepared jointly by CBRE, India’s leading real estate consulting firm, and CREDAI Telangana.
Located in the Karkardooma institutional area, the building complex comprises three blocks constructed over a plot size of 22,918 sq metre.
The company charges anywhere between Rs 22,000 to Rs 50,000 per seat per month.
Realty firm Godrej Properties has sold 2 lakh sq ft area in its commercial building at Bandra-Kurla complex in Mumbai…
