Amaravati lands: Balayya and his in-law bought 500 acres?

Balakrishna
Balakrishna

The land demand around the capital city is always Everest touching. With this logic, many money makers and business people bought several acres of land around the newly formed capital of AP, Amaravathi.

Now, a churing update from the sources close to the star actor Nandamuri Balakrishna says that the actor and his in law has bought 500 acres of land around the capital region which is said to be an insider trading. Being in the party, they got to know about the capital declaration early which lead to the insider trading of lands, sources said.

Whereas, there are several other TDP leaders too have bought the large scape of lands around the capital even before its declaration. On speaking to this, Municipal Administration and Urban Development Minister Bosta said that all the people who had bought the lands as insider trading, all their details will be revealed.

On speaking to media meet, Minister Botsa said that “The irregularities in land procurement is one of the reasons for the World Bank to back out from funding the capital city project. The land procurement in Amaravati is a huge scam. The TDP leaders violated the oath of secrecy too,”