Ludhiana, Feb. 6 -- Nearly 40% of the commercial shops at Ludhiana bus stand, managed by Punjab Roadways, Punbus, remain unoccupied, leading to a significant loss for the state. The failure to lease out these spaces has resulted in monthly losses exceeding Rs.4 lakh, Punjab Roadways officials said.
According to Punjab Roadways officials, out of the 62 shops in the two-story commercial complex, 27 on the first floor continue to be vacant despite repeated attempts to attract tenants over the years. The main hurdle in leasing these spaces is the low footfall on the first floor.
Passengers and visitors tend to prefer the ground floor, where they can easily access services, leaving the upper section largely deserted.
In addition, the poor c...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.