Hyderabad: Wakf Board to revise rent for Madina building tenants
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Hyderabad, June 10 -- The Telangana State Wakf Board is all set to renegotiate with tenants of the Aladdin Madina building in the next month or so. The board has formed a team of officials to conduct a survey and get as to many businesses are located in the huge building, which are paying paltry sums as rent since decades. Officials said that they will even evict tenants, as there is a High Court order on their side this time.
A senior Wakf Board official, who did not want to be quoted, said that the Telangana High Court in an order dating back to March had asked the department and fix rents at the Madina building based on realities, or essentially the current market situation. "Due to the COVID-19 situation it got delayed, as only one-t...
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