PMC hopes to generate income from rental properties


Pune: The Pune Municipal Corporation (PMC) has completed the survey of its properties and found that it has more than 3,900 properties and some of them are rented out and do not generate income.

Rajesh Muthe, Assistant Commissioner, PMC, said: “After a verification process carried out between April and July this year, we found that 58 properties were not generating any revenue as they were built but not in use. We have taken possession of five properties of this type and will be renting them out.

According to the PMC real estate department, the civic body has 3,912 properties located across the city of which 3,200 are mapped and 1,446 are rented out. “The unused properties have been taken into possession of PMC and given under new lease. Rental properties added 2 crores to the PMC treasury,” Muthe said.

PMC conducted the survey to identify its properties and use it to increase its revenue.

Another PMC official said it was difficult to maintain all of his properties. Under the influence of local leaders, some of the main properties are being misused. However, the civic authorities managed to take possession of many of these premises linked to the politicians.

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