Haryana Roadways to Auction Bus Stand Shops on April 28 After Delays
Haryana Roadways to hold auction of bus stand shops on April 28
Hindustan Times
Image: Hindustan Times
The Haryana Department of State Transport will auction commercial spaces at bus stands in Gurugram, Sohna, and Pataudi on April 28. This auction, delayed for nearly a year, aims to provide lease opportunities for businesses amid rising rental pressures faced by existing shopkeepers.
- 01Auction scheduled for April 28, 2023, at Sector 12 bus stand in Gurugram.
- 02Delay in auction attributed to officials' engagement in local elections.
- 03Existing shopkeepers face significant rent increases, with one reporting a rise from ₹8,000 to ₹21,000 monthly.
- 04Shopkeepers are concerned about losing security deposits if they vacate.
- 05Transport department's rules require a security deposit equal to three months' rent.
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The Haryana Department of State Transport is set to hold an auction for commercial spaces inside bus stands in Gurugram, Sohna, and Pataudi on April 28, 2023. This auction comes nearly a year after it was first announced, following numerous complaints from business owners about delays and rising rental costs. Vimal Sharma, a senior official in the transport department, stated that the auction will take place at the Sector 12 bus stand in Gurugram. Shopkeepers have expressed frustration over the prolonged wait, with one shoe seller noting that his rent has increased from ₹8,000 to ₹21,000 per month over seven years. Many shopkeepers are hesitant to vacate their premises due to fears of losing their security deposits, which can amount to significant savings. According to the transport department's regulations, shopkeepers must pay a security deposit equivalent to three months' rent, collected quarterly. The delay in the auction was attributed to officials being occupied with local body elections.
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The upcoming auction could alleviate the financial strain on existing shopkeepers by providing new lease opportunities, potentially stabilizing rental costs.
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