New owners to take over IMC hoardings today | india | Hindustan Times
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New owners to take over IMC hoardings today

MAYOR DR Uma Shashi Sharma today announced that Indore Municipal Corporation (IMC)-owned hoarding sites would be handed over to the new owners from April 1.

india Updated: Apr 01, 2006 14:03 IST

MAYOR DR Uma Shashi Sharma today announced that Indore Municipal Corporation (IMC)-owned hoarding sites would be handed over to the new owners from April 1.

The Corporation had auctioned the sites after outdoor advertisers protested the decision to hike rental charges from Rs 18 to Rs 30.

The Mayor declared that the Corporation would nearly double its revenue from outdoor advertising sites under the new arrangement.

Dr Sharma was addressing mediapersons after a training session at IMC headquarters for ex-servicemen who are to man parking lots under the new parking policy, also to come into effect from tomorrow.

Meanwhile, IMC staffers led by Market Officer Ramakant Pandey dismantled several hoarding from near Vijay Nagar Square on Friday. “The Corporation owns 474 hoardings in the City and will remove all of these except the ones covered by the court’s stay,” declared Pandey.

Although their brief was to focus explicitly on the hoardings, Corporation staffers soon began chasing away cap sellers stationed nearby. The staffers not only helped themselves to a cap apiece but also carted off large numbers of headgear, apparently for family members and friends. Although the poor vendors protested strenuously it was to no avail and they lost their wares for good.

The Corporation had auctioned the sites after outdoor advertisers protested the decision to hike rental charges from Rs 18 to Rs 30. Although the advertisers later agreed to the hike, the Corporation went on with the auction anyway, a move that led one of the tenants, M/s Saloni Advertising, to approach the courts, which granted the complainant a stay.