India, April 26 -- A ground inspection by a BEST committee has revealed widespread undervaluation of rents and poor upkeep of properties across the city, raising concerns over significant revenue losses at a time when the BEST is under pressure to boost non-fare income. This echoes past concerns reported by the Hindustan Times regarding the undertaking's failure to secure market-standard revenues from its vast land bank.
The committee, led by Chairperson Trushna Vishwasrao,included members from both ruling and opposition parties. It inspected sites in Kandivali, Ghatkopar, and Mulund that the administration wants to lease.
At Kandivali West, members found inconsistent pricing even within the same premises. "Two units are rented at Rs.14...
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