Summary:
As the lease term of most of the properties is over, the MC can’t collect the rent, which is too minimal. MC councillor Surinder Singh Sultanwind said the MC should get the buildings vacated whose lease is over. “If the MC collect 5 per cent rent of theses properties, it will come out of the financial crisis it has been reeling under,” he added. They are paying only a little money as rent but sublet the shops to private shopkeepers at a hefty price. MC estate officer Jaswinder Singh said, “The government has issued a letter for preparation of a list of such properties.”.