News Karnataka
Monday, April 29 2024
Mangaluru

Mangaluru’s Kadri Market Faces Legal Hurdles and Exorbitant Rents

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Photo Credit : File photo

In Mangaluru, the much-awaited inauguration of the Kadri market, constructed at a cost of Rs 12.3 crore, remains in limbo due to legal entanglements and the imposition of the model code of conduct. Despite completion, the market stands unoccupied, frustrating 36 traders who continue their businesses from temporary stalls provided by the Mangaluru City Corporation (MCC) near the new complex.

Traders’ Grievances: Allegations of Unfair E-Tender Process and Soaring Rents

Traders, who were promised priority during the e-tender process for stall allotment, express frustration over alleged irregularities. They claim that only one bidder secured the majority of the shops, leading to exorbitant monthly rents ranging from Rs 21,000 to Rs 28,000, a significant increase from the current Rs 2,000 per shop, including GST. This steep rise prompts demands for concessions for existing traders.

Legal Battles and Stalled Progress

Legal challenges mount as some traders approach the court seeking rental parity. Allegedly, the court has directed the MCC to refrain from further actions until the matter is resolved. Mayor Sudheer Shetty Kannur had previously pledged to expedite the e-tender process, yet legal obstacles persist, stalling progress.

Implications of Poll Code and Funding Details

Despite intentions to move forward, the imposition of the poll code prevents any immediate inauguration. The project, funded jointly by the Karnataka Urban Infrastructure Development and Finance Corporation (KUIDFC) and the MCC, received Rs 8.6 crore and Rs 3.7 crore respectively. Construction commenced on March 5, 2019, resulting in a three-storey market complex catering to various food categories on its lower ground floor.

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