Bulk renting of shops in Namma Metro stations to begin soon

BENGALURU: BMRCL is going for a radical approach to rent out vast commercial space inside the stations of both its Phase-I and Phase-II network. Bulk allotment of shops followed by online auction for spaces will be adopted. Speaking to TNIE, BMRCL Managing Director Anjum Parwez said that instead of asking companies to bid, the agency has decided to go in for a fixed rate system with a first come first serve policy for allotment. The tenders are likely to be floated in a week.