Now Reading: KTR alleges land allotment corruption as CM Revanth defends housing record
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KTR alleges land allotment corruption as CM Revanth defends housing record
KTR alleges land allotment corruption as CM Revanth defends housing record
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…
The Story in Brief
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.
The Indian Opinion
Both BRS and Congress are playing the old game of trumping one scandal with another. KTR’s zero-employee aerospace firm claim is catchy, but the land valuation dispute, Rs 7 crore vs Rs 200 crore, needs more than political numbers. Revanth’s housing speech shifts attention but doesn’t answer why the CM’s brother sits on that board. The real test is whether Tesseract holds a DPIIT manufacturing license. That piece of paper will settle a lot more than any press conference.
Sources (2): thenewsminute.com, timesofindia.indiatimes.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
