HYDERABAD: With the government enhancing registration market values, Waqf Board member Abul Fateh Syed Bandagi Badesha Quadri has urged the Telangana State Waqf Board to disclose details of properties leased at nominal rents and appoint a commission to fix fair rents based on current market value.
He said Waqf properties are meant to generate income for mosques, madrasas, orphanages, charitable institutions and social causes. However, many valuable properties are leased for nominal rents, causing huge financial losses. He added that the enhanced market values give the Board an opportunity to bring transparency and reform.
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