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    Home»Local News

    After 10 years after inauguration, PMC struggles to auction shops in Ponda market complex

    adminBy adminMarch 22, 2022Updated:August 12, 2022 Local News No Comments2 Mins Read
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    Goemkarponn desk
    PONDA: Ten years after inauguration, PMC struggles to auction its more than 100 shops in Ponda market complex. There were no takers for PMC shops as PWD auction rates were high. Therefore PMC today decided to reduce the auction rates to attract bidders so that the market complex become operational.
    Ponda Municipal Council ( PMC) Meeting was held today under chairperson Geetali Talavalikar.
    Speaking after the meeting Chairperson said various issues on development and PMC administration were discussed during the meeting.
    “It was decided to reauction the Ponda Market Complex shops with reduced rates to attract bidders,” she said. She said most shops in the market complex are not auctioned as there are no takers for the auction at PWD, which bidders claim high and thus are no takers at rates fixed by PWD.
    Therefore PMC will decide auction rates that will be reduced to attract bidders.
    The security deposit will be taken for three months. The auction rates for shops on top floors will remain lower compared to the ground floor.
    She said all facilities, including power, water connection etc., will be provided to bidders auctioning the shops.
    PMC has also decided to extend the open market sopo tax collection contract to existing contractors for another three months.
    After that, PMC will conduct an assessment of income-generating from Market vendors as there is the addition of new vendors and will decide whether to extend the contract in future to contractor at new rates or collect sopo taxes through PMC staff.

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