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Another Face Moore Market Traders
Posted on: 01/Dec/2012 11:22:46 AM
Moore Market is a large Trading centre fir various commodities and it has got a new problem that Chennai Corporation managed to collect 1.62 crore in rent and arrears from traders in Moore Market`s Lily Pond Complex in Park Town.
Officials said that out of 369 traders only 211 wherein the complex paid up over the past two months. 158 traders have still not paid rent to the corporation. At once the civic body collects the payments from them, it will add 1 crore to its coffers.
A commercial complex, with four floors and 857 shops, was inaugurated in 2008 at an estimated cost of 6 crore. It was built to rehabilitate traders of the old Moore Market, which was gutted in a devastating blaze in 1985.though the civic body has charged a monthly rent between 20/sqft and 26/sqft depending on the location. In 2003, it reduced the rates to between 5/sqft and 8/sqft after traders petitioned the corporation to minimalise the rent. Some got a proper license in the Trade centre several unauthorised traders in the complex." Some shops are locked up or used as storerooms but the traders using them have not paid rent.
Moore market is not for least price selling but also for their least type of treating the customers with shady character they behave like anything to the customers saying on e consumer that we are scared to go inside the complex for their mis leading in the complex.
