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The Telugu Desam Party Vizianagaram district unit president Kimidi Nagarjuna on Friday alleged that the State government had allocated 30 acres of prime land in Bobbili at a very cheap rate to the family members of Education Minister Botcha Satyanarayana.
At a media conference here, he said that the government had charged only ₹10 lakh per acre although the market value is more than ₹80 lakh per acre in Bobbili and surrounding areas.
He said that a team of TDP leaders will visit the spot and highlight the loss of around ₹21 crore caused to the government. “One year ago, BKS company approached APIIC which said that each acre would cost around ₹67 lakh. Now, the same land has been sold at ₹10 lakh, which is very strange. The government should cancel the allocation immediately,” said Mr. Nagarjuna.
TDP city unit president Prasadula Lakshmiprasad and other leaders were present at the media conference.