The market complex, which was inaugurated in December 2011, has been underutilized, with only 29 out of 154 shops currently occupied. Despite multiple auction attempts, PMC has struggled to find tenants for the remaining shops for over a decade.

PMC officials expressed that leasing the entire complex would generate revenue and help cover operational expenses. Naik noted that the most recent auction held last month also failed to attract any bidders. He mentioned that the council believes renting out the shops individually is not feasible, making it preferable to lease the entire complex to a single party.