159000 rent for a small shop opp Railway station
With real estate prices in the city zooming up for no specific reason, the Cantonment board will make 13 times more money than it used to get from a single small shop opposite Railway station which is under 400 sq ft in area.
The said shop’s lease is getting over and hence the Cantonment board had invited tenders for the same and one gentleman named Gajakosh has applied to pay a rent of Rs.1,42,000(plus service tax) which makes it 1,59,000 for a month. The Cantonment was getting paid Rs.11,000 for a month until now.
The tender details have now been sent to the Southern command for approval after which the shop would be handed over to the new lessee.