Knight Frank India, a property consulting firm, in partnership with the Confederation of Indian Industry (CII), has placed Hyderabad among the top 10 fastest-growing Indian cities and foresees a significant surge in its GDP.
With a month to go for polling in Telangana for Lok Sabha elections, opposition BRS and BJP are trying to corner the Congress over its alleged failure to deliver on the six guarantees given in Assembly elections even as the ruling party claims to have implemented four guarantees and assuring voters of its commitment to fulfill the remaining promises.
In a surprising development, Telangana Congress president and chief minister A Revanth Reddy has allotted 15 acres of prime land in the heart of Hyderabad to a Rajya Sabha member of Bharat Rashtra Samthi on 33-years lease for setting up of a corporate hospital.
The BRS MP is none other than B Parthasarathy Reddy of Hetero Group, who is also one of the co-accused in the quid pro quo scam allegedly involving YSR Congress party president and Andhra Pradesh chief minister Y S Jagan Mohan Reddy.
Interestingly, it was Revanth Reddy who raised a hue and cry over the allotment of land by the previous K Chandrasekhar Rao government on lease for 30 years on a nominal lease amount of Rs 2 lakh per acre per year.
Soon after coming to power, Revanth Reddy got the GO cancelled on land allocation to the Hetero Group. At a time when everybody was appreciating the chief minister for saving such a precious land in the heart of Hyderabad, he quietly issued a fresh GO on March 14, making small changes in the earlier GO.
According to the modified GO, the land allotment would be made to the Hetero Group on lease for 30 years, but the lease amount was enhanced to Rs 15 lakh per acre per annum.
According to BJP legislative party leader A Maheshwar Reddy, while the BRS Government sought to hand over the land at Rs 2 lakh per acre for a lease period of 30 years when the market value was around Rs 1,500- Rs 2,000 crore, the present government has issued orders to give the same land for ₹15 lakh an acre for the same period.
He alleged that 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 Rs 1,500 crore at Rs 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?” Reddy questioned.
It is rather unusual to see Bharat Rashtra Samithi president and former Telangana chief minister K Chandrasekhar Rao to remain completely silent when his daughter and MLC Kalvakuntla Kavitha was thrown behind the bars in connection with the Delhi liquor scam.
As the nomination process for the upcoming elections in Andhra Pradesh is all set to commence in a week, there is a talk doing rounds in the YSR Congress party
In a sudden development, the official account of Telangana chief minister A Revanth Reddy on his social media platform ‘X’ lost its ‘blue tick’ mark on Wednesday, triggering speculations as to whether it was hacked by somebody.
As many as 106 government employees in Telangana’s Siddipet district have been suspended for attending a meeting of Bharat Rashtra Samithi (BRS) in violation of the Model Code of Conduct.
In yet another jolt to Bharat Rashtra Samithi legislative council member Kalvakuntla Kavitha, daughter of BRS president and former Telangana chief minister K Chandrasekhar Rao, a Delhi court on Tuesday extended her judicial remand by two more weeks, in connection with the Delhi liquor scam.
In a horrific act, a group of assailants murdered a youth and later posted a video on social media, flaunting their crime.
The BJP candidate from the Malkajgiri Lok Sabha constituency in Telangana, Eatala Rajender, attended an Iftar feast organised by the Bohra Muslims.
Seven of the candidates of the Bharatiya Janata Party (BJP) in Telangana for next month’s Lok Sabha elections are defectors from other parties.
If the reports coming from New Delhi are to be believed, Bharat Rashtra Samithi legislative council member Kalvakuntla Kavitha, daughter of BRS president and former Telangana chief minister K Chandrasekhar Rao, may have to be in jail at least for another six months.
Prime Minister Narendra Modi has showered praise on the BJP candidate from Hyderabad Lok Sabha constituency, Kompella Madhavi Latha.
Ahead of the next month’s Lok Sabha elections in Telangana, the exodus of leaders from Bharat Rashtra Samithi (BRS) continued as another MLA joined the ruling Congress party on Sunday.
Police officers under scrutiny for their involvement in the mass phone-tapping scandal have allegedly implicated a BRS leader identified only as 'Rao' in the operation.