[In Part 1 of this analysis, I discussed budget figures for 2020-21, and how resource mobilisation of the BBMP can be bettered. This concluding part is on suggestions to improve the finances of the civic body and how that can translate to efficiency.] A major source that the BBMP should tap for revenue -- after property taxes and leasing advertisement hoardings -- is to monetise its real estate through lease and rentals. Revenue from lease and rentals BBMP reportedly owns more than 20,000 properties across the city and most of them in prime locations. The rentals fixed are abominably low…
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