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Gudiyattam Gudiyattam Town - Municipal

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Chapter ñ14 Final Report: <strong>Gudiyattam</strong> <strong>Municipal</strong>ity<br />

14.5.12 Bus Stand<br />

Improvements to Bus Stands shall be undertaken by the <strong>Municipal</strong>ity for Rs. 300 lacs.<br />

It is estimated that the upgradation shall increase the revenue from Bus Stand to the<br />

<strong>Municipal</strong>ity by 40% and the same shall increase @ 5% per annum.<br />

Besides, the improvements shall result in creation of new shops as given below :<br />

No. of Shops Rent p.m.<br />

New Shops 30 2500 p.m.<br />

The rent shall increase @ 15% every 3 years.<br />

The O&M charges of the Bus Stand shall amount to Rs. 9 lacs per annum. The same<br />

shall increase @ 5% per annum.<br />

14.5.13 Market<br />

Improvements to Markets shall be carried out at a cost of Rs. 27 lacs.<br />

The income from Markets shall increase by 20% on completion of renovation. The<br />

income shall increase by 5% every year.<br />

The O&M charges on market shall be equal to Rs. 1.00 lacs per annum and the<br />

same shall increase by 5% every year.<br />

14.5.14 Remunerative Projects<br />

A Shopping Complex shall be constructed at a cost of Rs. 500 lacs. The total number<br />

of shops shall be 120 Nos. and the average rent for the same shall be Rs. 1500/- per<br />

shop per month. The same shall increase @ 15% every 3 years.<br />

Besides, a modern shopping complex shall be constructed at a cost of Rs. 500 lacs.<br />

The total number of shops at the modern shopping complex shall be 75 Nos. and the<br />

rent shall be Rs. 3000/- per month. The same shall increase @ 15% every 3 years.<br />

The annual O&M charges of both the shopping complexes together shall be Rs.<br />

29.81 lacs and the same shall increase @ 5% p.a.<br />

14.5.15 Slaughter House & Gasifier Crematorium<br />

The improvements to Slaughter House shall result in increase in income by 20%. The<br />

expenditure on Slaughter House shall be Rs. 0.24 lacs p.a. and the same shall<br />

increase by 5%.<br />

The Gasifier Crematorium shall result in additional income of Rs. 2 lacs per annum.<br />

The expenditure of Burial Ground shall be Rs. 2.26 lacs per annum and the same shall<br />

increase @ 5%.<br />

- 151 -<br />

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