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Move to replace old buildings in Thrissur

By Our Staff Reporter

THRISSUR, JUNE 10. The Chamber of Commerce and the Thrissur Corporation have planned a joint initiative to launch a new urban renewal scheme to replace old and dilapidated trade centres and buildings in the city with new ones with modern facilities.

The chamber secretary, N.F. Inasu, told The Hindu here that the initiative can be launched only if mutual agreements were worked out between the building owners and tenants who run the shops.

Pointing out that most of the tenants had rented these shops at low rates years back, Mr. Inasu said the new scheme can be worked out only if there was an assurance to traders to provide them rooms in the new buildings. There should also be an agreement on the revised rent, as the traders would not be able to run the shops if the rent was hiked to high levels.

He said the Mayor, K. Radhakrishnan, had agreed to give sanctions for the construction of new buildings on a war footing. He said there were many old buildings in the Rice Bazaar, Nayarangadi, Pazhaya Nadakkavu and M.O. Road areas in the city. The Chamber has called a meeting of the traders to discuss the scheme at 6.30 p.m. on June 12.

The Mayor, the Deputy Mayor P.S. Johny, and the TUDA chairman, M.K. Kannan, would participate in the discussions. Mr Inasu said there was a proposal to shift wholesale markets like the Rice Bazaar and even the vegetable market at Sakthan Thampuran Market to suburban areas.

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