Quick Summary
- Bharat Sanchar Nigam Ltd. (BSNL) plans to rent out unused properties in Kozhikode and wayanad districts to generate additional revenue.
- Advertisements have been issued targeting public sector institutions, scheduled banks, international agencies, and private enterprises with an annual turnover above ₹5 crore.
- Public sector entities can directly lease the properties, while private businesses must participate in a tender process.
- Rental rates are based on the area and location of each property.
- Properties available include prime locations such as Mananchira, Vellayil, Kozhikode Beach, West Hill, Feroke, Sulthan Bathery among others.Floor areas range from 1,500 sq ft to 12,150 sq ft.
- The move reflects BSNL’s plan to monetize underutilized assets following downsizing linked to the shift from copper cables to fibre optic technology.
Indian Opinion Analysis
BSNL’s initiative demonstrates its effort to adapt by leveraging dormant real estate assets amid ongoing challenges in maintaining profitability. As India transitions toward advanced technologies like fibre optics for dialog infrastructure delivery and efficiency gains-which contributed to BSNL vacating older buildings-this decision represents a practical attempt at resource optimization.
For regional economies in Kerala’s Kozhikode and Wayanad districts, this progress could create new opportunities for businesses or institutions seeking strategically located premises with pre-existing infrastructure. However private attentions experience/block rental future! Read More more processing always appply…