LAND SCAM CLAIMS: Telangana political circles are currently debating the sale of the most valuable land under the Hyderabad Central University (HCU). According to articles, there are allegations that the government is trying to sell about 400 acres of land at a cheaper price. Analysts believe that these lands are very close to the Hyderabad IT Corridor (Hyderabad IT Corridor) **. However, it has been criticized that Revanth Reddy Government is looking to sell this land for just ₹ 75 crore per acre.
Revanth Reddy Faces Land SCAM CLAIMS
If the history of these lands, during the joint Andhra Pradesh regime, the Chandrababu Naidu government tried to hand over the land to a private company at a lower price, while YS Rajasekhar Reddy’s government canceled the deal. After the formation of Telangana, KCR Government fought in the High Court and returned the land to the government. The land remained in the hands of the government due to the high Court Judgment in favor of the government. However, to sell the same land from ** Revenue Department to TGIIC (Telangana State Industrial Infrastructure Corporation) ** has become a matter of debate.
Here is the main controversial aspect – valuation. It is alleged that using a private company and showing the value of the land as an acre of just ₹ 52 crore. If not, some experts argue that HCU lands are more valuable, referring to the example of ₹ 100 crores per acre in Kokapet award. In view of this, it is alleged that there is a conspiracy to hand over thousands of crores of government property to private parties. What’s more, there is another allegation on the Government Took ₹ 10,000 Croore Loan Based on this Low Valuation.
Students, Environmental Activists, and many political leaders are responding to the controversy. Students are protesting on social media with a hashtag called Save HCU Lands. Giving land to private parties is considered a disruption to the independence of educational institutions. On the other hand, the Congress government has not given a clear explanation so far. The public demand is growing to investigate this and book the authorities who violated the High Court verdict. Overall, this controversy called HCU Land Scam will warm up Telangana politics in the coming days.