Nizamabad: The TSRTC announced on Thursday that it was seizing former BRS MLA A. Jeevan Reddy’s Jeevan Mall in Armoor for default of lease amount, and cut power supply. An RTC team made an announcement over the public address system regarding the seizure. The mall owes the RTC Rs 7.23 crore up to October.
Vishnujith Infra Development Private Limited had constructed Jeevan Mall in an open piece of land of the Armoor bus stand on a build-operate-transfer mode. Jeevan Reddy named the mall after himself and set up a multiplex and shopping complex in the building. The RTC said it had issued notices to the firm to pay the lease, but the organisers defaulted.
After the BRS government demitted office following the recent Assembly elections, RTC officials speeded up the collection of defaulted lease amounts.
TSRTC Nizamabad regional manager John Reddy told Deccan Chronicle said that the RTC head office was dealing the collection of lease charges. "We sent Armoor depot staff to announce the seizure of Jeevan Mall, if the renters failed to pay the amount within three days and the seven-day notice period is over,” he explained.
