<p>Safeguarding its properties, the Palike has ordered for a reassessment of the value of its properties that have been let out on rent and lease, and to provide them with Property IDs (PID).</p>.<p>It will also set up a strongroom for the safe keep of property records after the digitisation of properties.</p>.<p>A few years ago, the civic body had lost several property-related documents in a fire mishap at its headquarters.</p>.<p>Reviewing the Palike’s properties and measures taken to safeguard the properties from encroachment, Mayor Goutham Kumar directed officials to get the strongroom ready at the earliest.</p>.<p>“Of 7,906 properties, 324 have been leased out to various people. Of these, the lease period of 159 properties has expired,” the mayor said.</p>.<p>“While the corporation has taken back the possession of these properties, a few others are yet to be taken back. We have set aside Rs 20 crore in the budget to fence the properties and it will be utilised properly,” Kumar said.</p>.<p>Officials have been told to maintain a separate registry of properties that have been handed over to the Palike by the government and BDA.</p>
<p>Safeguarding its properties, the Palike has ordered for a reassessment of the value of its properties that have been let out on rent and lease, and to provide them with Property IDs (PID).</p>.<p>It will also set up a strongroom for the safe keep of property records after the digitisation of properties.</p>.<p>A few years ago, the civic body had lost several property-related documents in a fire mishap at its headquarters.</p>.<p>Reviewing the Palike’s properties and measures taken to safeguard the properties from encroachment, Mayor Goutham Kumar directed officials to get the strongroom ready at the earliest.</p>.<p>“Of 7,906 properties, 324 have been leased out to various people. Of these, the lease period of 159 properties has expired,” the mayor said.</p>.<p>“While the corporation has taken back the possession of these properties, a few others are yet to be taken back. We have set aside Rs 20 crore in the budget to fence the properties and it will be utilised properly,” Kumar said.</p>.<p>Officials have been told to maintain a separate registry of properties that have been handed over to the Palike by the government and BDA.</p>