The Telangana State Road Transport Corporation’s (TSRTC) strategy to boost its revenue through property monetisation seems to have hit a roadblock. This comes as the call for tenders to lease out its land properties has elicited a cold response.
The TSRTC had issued an e-tender notification for leasing out its land parcels in the Greater Hyderabad Zone. These included properties in Kachiguda, Medchal, Shamirpet, Hakimpet, Chengicherla, and Rasheedguda near Shamshabad. While the smallest land parcel is of 2.63 acres in Chengicherla, the largest is 6.23 acres in Turkyamjal.
While a pre-bid meeting was scheduled on February 27, the opening of documents containing bids was scheduled for March 16.
