Hyderabad, June 24
TGSRTC to Lease 694 Commercial Spaces Across Telangana; Tenders to Be Floated Soon
The Telangana State Road Transport Corporation (TGSRTC) has announced plans to lease out 694 vacant commercial shops and business spaces located at bus stations and depots across Telangana. The initiative aims to increase non-fare revenue for the corporation while creating new business opportunities for entrepreneurs and local traders.
According to TGSRTC officials, tenders for the commercial spaces will be floated soon, allowing interested businesses and investors to participate in a transparent leasing process. TGSRTC to Lease 694 Commercial Spaces Across Telangana; Tenders to Be Floated Soon
Commercial Spaces Available Across Telangana
TGSRTC has uploaded complete details of its available commercial properties on its official website, enabling prospective tenants to explore opportunities across major cities, towns, and depot premises in the state.
The online database includes information about:
- Vacant shops available for lease
- Occupied commercial spaces
- Existing tenants and lease durations
- Current rental charges
- Property locations and specifications
The corporation stated that the move is intended to enhance transparency and eliminate the role of middlemen in the leasing process.
TGSRTC Encourages Entrepreneurs to Apply; TGSRTC to Lease 694 Commercial Spaces Across Telangana; Tenders to Be Floated Soon
TGSRTC Managing Director Y Nagireddy urged business owners and entrepreneurs to take advantage of the opportunity.
“Partner with TGSRTC and grow your business,” he said, highlighting the benefits of operating from high-footfall transit locations that attract thousands of commuters every day.
Officials believe that leasing commercial spaces at bus stations can provide businesses with immediate visibility and access to a large customer base without requiring significant advertising expenses. TGSRTC to Lease 694 Commercial Spaces Across Telangana; Tenders to Be Floated Soon
Ideal Locations for Multiple Businesses
The available commercial spaces are suitable for a wide range of businesses, including:
- Restaurants and hotels
- Food courts and snack outlets
- Supermarkets
- Branded retail showrooms
- Mobile and electronics stores
- Pharmacy outlets
- General retail businesses
With lakhs of passengers visiting bus stations and transit hubs daily, these locations offer strong growth potential for businesses of all sizes.
Revenue Generation and Employment Opportunities
TGSRTC officials said the initiative will help the corporation generate additional revenue while simultaneously creating employment opportunities for local youth and entrepreneurs.
The corporation emphasized that all allotments will be made through a fair and transparent tender process to ensure equal opportunities for all applicants.
Interested individuals and businesses can access detailed information regarding the available commercial spaces through the official TGSRTC website and participate in the upcoming tender process. -TGSRTC to Lease 694 Commercial Spaces Across Telangana; Tenders to Be Floated Soon