BJP legislative party leader A. Maheshwar Reddy levelled serious allegations against Chief Minister A. Revanth Reddy accusing him of handing over 15 acres of prime land in the capital region to the Hetero Group and its chairman BRS MP B. Parthasarathi Reddy once again, at a low price after cancelling the allocation made by the previous BRS government on charges of wrong-doing.
Addressing a press conference at the State BJP office on Thursday, he alleged that while the BRS Government sought to hand over the land at ₹2 lakh per acre for a lease period of 30 years when the market value was around ₹1,500-₹2,000 crore, the present government has issued orders to give the same land for ₹15 lakh an acre for the same period raising serious questions about its commitment to protect public land.
“Mr. Revanth Reddy is giving flimsy excuses like employment opportunities to hand over the land for a song to the same businessperson and his group, when the government is in a position to earn ₹1,500 crore at ₹50.5 crore an acre for a period of 15 years. Not even 10% annual hike as mandated has been made applicable. What does this tell us about this government?” he questioned.
