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KTR Questions Alleged Land Deal Involving CM’s Brother

KTR Questions Alleged Land Deal Involving CM’s Brother
Prime Land Sold For A Song ! KTR smells a rat in land deal struck with CM Revanth sibling’s company · thehansindia.com

BRS leaders visited land in Thukkuguda to protest an alleged government land deal.

They said the land was given to Tesseract, a company linked to the Chief Minister’s brother.

KTR claimed the land was worth about Rs 250 crore but was allocated for Rs 7 crore.

He asked the government to publish all details of the deal.

He also questioned whether special benefits for companies linked to political families were improper.

The BRS raised questions about another investment agreement and the Future City project.

KTR said BRS legislators were removed from the Assembly after questioning the government.

The BRS said it would continue seeking accountability and transparency.

Key facts

Alleged beneficiary
Tesseract, described as linked to Chief Minister A Revanth Reddy’s brother, Anumula Kondal Reddy.
Land value alleged by KTR
About Rs 250 crore.
Reported allocation price
Rs 7 crore.
Protest location
Thukkuguda.
Other investment questioned
An alleged Rs 1,000-crore investment agreement involving a company linked to A Jagadishwar Reddy.
Other issues raised
Future City, the use of land previously acquired for Pharma City, and alleged incentives and exemptions.

Sources

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