# KTR alleges land allotment corruption as CM Revanth defends housing record

2026-08-13T10:02:00+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

BRS working president KTR has accused the Telangana Congress government of allotting five acres in Raviryal village to Tesseract Advanced Systems, owned by CM Revanth Reddy’s brother Anumula Kondal Reddy, at Rs 7 crore, claiming the market value is Rs 200 crore. He shared Tesseract’s annual report showing zero employees and Rs 1 lakh share capital as of March 2025. Industries minister D Sridhar Babu denied irregularities, saying the same land sold for Rs 90 lakh per acre under BRS rule, inflation-adjusted to Rs 1.5 crore now. A day later, CM Revanth Reddy hit back at BRS for failing to deliver double-bedroom houses during its ten-year rule. Laying foundation for Indiramma houses in Kukatpally, he announced one lakh houses in the first phase and listed welfare schemes including free bus travel, Rs 65,000 crore in SHG loans, and subsidised cooking gas. He blamed BRS for the state’s debt burden and instructed the industries minister to prepare a development plan for Kukatpally.

## Coverage

- thenewsminute.com <https://www.thenewsminute.com/telangana/ktr-alleges-corruption-in-allotting-land-to-cm-revanths-brothers-company>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/city/hyderabad/revanth-slams-brs-over-failure-to-deliver-double-bedroom-houses/articleshow/133223788.cms>

Tags: BRS, Congress, KTR, land allotment, nepotism allegations, Telangana politics
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