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Nagpur City

Renewal of NMC shop’s lease mandatory in every 11 months

by TLN Team November 4, 2021November 5, 2021
written by TLN Team November 4, 2021November 5, 2021
Renewal of NMC shop’s lease mandatory in every 11 months

If the lease agreement is approved, it must be extended for one year in accordance with official regulations. In addition, the market depart ment should accept the money from the lessees only in the form of usage fee, directed mayor of Municipal Corporation (NMC).

According to NMC rules, the rental license must be renewed every 11 months. NMC rents are cheaper than other rates on the market. However, tenants have not renewed their licenses in time, additional commissioner Deepak Kumar Mina said at a meeting in the market and real estate sector Wednesday.

New Rokde

MLA Praveen Datke, Chairman of the ruling Avinash Thakre, Opposition leader Tanaji Wanve, Commissioner Milind Meshram, Company Deputy Commissioner Vijay Deshmukh, Deputy Secretary Dr. Ranjana Lade, Store Manager Shrikant Vaidya, Deputy Commissioner, etc.

A Committee on Market Fees and Real Estate was established by NMC. Tiwari instructed the Committee report to be submitted to the House of Representatives.

He also ordered that fees should only be accepted from merchants who are willing to take action to renew their store license. They should also accept the rates determined by the House of Representatives.

Instead of raising the royalties by 10% each year, you need to raise the Ready Reckoner.

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