The Telangana State Road Transport Corporation (TSRTC) is looking to raise funds by leasing out its vacant spaces in Hyderabad and Secunderabad. They are inviting interested parties to submit proposals for leasing land in prime locations like Kachiguda, Medchal, Shamirpet, and Hakimpet. The available land ranges from 2.83 to 4.14 acres, providing ample room for businesses to establish or expand.
To learn more about the tender process and application, interested parties can contact the Deputy Chief Personnel Manager at 9959224433 between 10:30 am and 5 pm. The deadline for submitting tenders is January 18, 2024.
The TSRTC has been facing a financial crisis due to the introduction of free bus travel for women, resulting in a loss of nearly Rs 5 crore every day. Leasing out their lands will help overcome these losses and ensure the smooth operation of the corporation. Additionally, they plan to identify and lease out more valuable lands owned by RTC in municipal corporations and other major municipalities to generate more revenue.
