Press Esc to close
Saturday 13 February 2016
News updated at 4:21 PM IST
Weather
Max: 31.9°C
Min : 19.6°C
In Bengaluru
Partially cloudy

KSTDC to lease properties across State to boost tourism

Last updated: 11 July, 2009
S Lalitha,DH News Service,Bangalore:

It wants to improve boarding and lodging facilities for tourists

In a bid to improve boarding and lodging facilities for tourists, the Karnataka State Tourism Department Corporation (KSTDC) has decided to hand over 22 of its properties to private players for a 25-year period.



The properties, spread across the State, are not operational presently.

These vacant buildings, erstwhile hotels and wayside facilities, are scattered across 14 districts. The popular Big Banyan Tree in the outskirts of Bangalore, Hotel Mayura Samudra at Gokarna (Uttara Kannada district), wayside facilities at Lakkundi (Gadag), Gattigodi (Haveri), Kudligi (Bellary), Hungunda (Bagalkot), Lokapur and Thannikola (Belgaum), Yathri Nivas at Sirsi and a tourist complex at Shimoga figure among them.

Managing Director of KSTDC, Vinay Luthra, told Deccan Herald that the properties, which were handed to it by the State tourism department, would be privatised under the Repair, Operate, Manage and Transfer (ROMT) scheme. “Apart from an upfront payment of a licence fee, the parties have to pay an annual concessional fee, which will be renewed every five years. The property must be handed back to KSTDC after 25 years,” he said.

A couple of years ago, the Mangalore Refinery and Petroleum Limited was handed over 12 of the properties for the purpose of developing them but the group encountered other financial problems due to the hike in petroleum prices and returned the properties to KSTDC.

Manpower shortage

“Acute manpower shortage in the Corporation has prevented us from developing the properties. It is also difficult to monitor the properties spread across the State. Hence, the decision to hand them over to professional, private players at the local level, ” informed Luthra. 

The move would also be in line with the recent trend of opting for Public Private Partnerships, he added.

The properties range from four to eight rooms, moderately sized. Some are in good shape while a few are in a dilapidated condition.

Tenders in this connection will be called for in a couple of days, the MD said. A few private parties have been evincing keen interest in taking over these spots already, he added.
KSTDC hoped to raise nearly Rs seven crore through this venture. The licence and annual fee charged would be quite nominal. “The properties could emerge as good and affordable lodging and food centres for tourists,” Luthra felt.


Go to Top

Photo Gallery
Actress Priyanka Upendra  after inaugurating three days wedding essentials collection...

Actress Priyanka Upendra after inaugurating three days wedding essentials collection...

A woman holds the hand of a boy as they cross a temporary bridge made of bamboo on a canal...

A woman holds the hand of a boy as they cross a temporary bridge made of bamboo on a canal...

NSUI Workers pay tribute candle light tribute to Siachen soldier Lance Naik Hanamanthappa ...

NSUI Workers pay tribute candle light tribute to Siachen soldier Lance Naik Hanamanthappa ...

Sand artist Sudarsan Pattnaik pays tribute to Lance Naik Hanumanthappa Koppad...

Sand artist Sudarsan Pattnaik pays tribute to Lance Naik Hanumanthappa Koppad...

Narendra Modi shakes hands with Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi...

Narendra Modi shakes hands with Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi...

Gold medalist Neeraj Kumar, silver medalist Gurpeet Singh and bronze medalist Mahender Singh...

Gold medalist Neeraj Kumar, silver medalist Gurpeet Singh and bronze medalist Mahender Singh...

Kavita Raut and Niotendra Singh Rawat of India shake hands during the 12th South Asian games 2016...

Kavita Raut and Niotendra Singh Rawat of India shake hands during the 12th South Asian games 2016...

Women Indian hockey players (blue )celebrate after scoring a goal against Srilanka (red ) during...

Women Indian hockey players (blue )celebrate after scoring a goal against Srilanka (red ) during...

Women hockey final match played between India(blue ) and Srilanka (red ) during the 12th South...

Women hockey final match played between India(blue ) and Srilanka (red ) during the 12th South...

Indian shooter, Chain Singh celebrates after winning gold medal in the 10m Air Rifle Men's final...

Indian shooter, Chain Singh celebrates after winning gold medal in the 10m Air Rifle Men's final...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523