Traders protest steep hike in rent

Chennai | Friday | 20th July, 2018

Summary:

more-inMost of the shops on municipal lands in Tambaram on Thursday shut down in protest against a manifold increase in rent. Shopkeepers alleged that the municipal officials unilaterally revised the floor rent for shops. Tamil Nadu Vanigar Sanga Peramaippu president A.M.

Vikramaraja and a few office-bearers of traders association met Municipal Commissioner K.

Krishnamurthy. We simply cannot bear such a huge increase in rent,” said Mr.

Vikramaraja. According to them, all the shop owners in the market and other buildings rented out by the municipality were paying a monthly rent of ?3,500..