HomeTelangana NewsKTR Questions Land Allotment To Firm Linked To CM’s Brother

KTR Questions Land Allotment To Firm Linked To CM’s Brother

Hyderabad, August 12: BRS working president KT Rama Rao questioned the alleged allotment of government land to Tesseract Advanced Systems Pvt Ltd.

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Rama Rao alleged that the company is linked to Chief Minister A Revanth Reddy’s brother, Anumula Kondal Reddy.

In a post on X, Rama Rao demanded clarity on the company’s ownership and the land allotment.

He also questioned the terms and value of the alleged government land allocation.

KTR Targets Congress Government Over Land Deal

Rama Rao compared the alleged deal with the previous BRS government’s T Hub initiative.

He alleged that the Congress government was favouring members of the Chief Minister’s family.

Rama Rao claimed that Tesseract Advanced Systems had ₹1 lakh in paid up capital and no employees.

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He further alleged that the company had made at least ₹200 crore in profit.

However, these allegations were made by Rama Rao and were not independently established in the statement.

Rama Rao also targeted Industries Minister D Sridhar Babu over the issue.

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He asked the government to explain how companies could obtain government land without major investment, employees or operations.

The BRS leader also called for similar opportunities for Telangana’s youth if such an investment model was being promoted.

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