The Income Tax Department has launched extensive searches on the premises of former MP G Ranjith Reddy and the DSR Group, targeting multiple real estate firms and their operations in Hyderabad and Bengaluru.
Tax EvasionReal EstateIt RaidsDsr GroupRanjith ReddyReal EstateAug 19, 2025
The main focus of the investigation is on multiple arms of the DSR Group, including DSR Infrastructure Pvt Ltd, DSR Infra Projects, DSR Constructions, DSR Prime Spaces, and DSR Infra Developers, for alleged tax evasion and property transaction irregularities.
More than 30 locations in Hyderabad and Bengaluru were raided by the I-T Department.
The key individuals targeted in the raids include former MP G Ranjith Reddy, Managing Director Devireddy Sudhakar Reddy, and Executive Director Devireddy Prabhakar Reddy.
The items seized during the raids include account books, documents, and electronic devices, which are being examined to trace alleged unaccounted income and irregular dealings in large-scale real estate projects.
G Ranjith Reddy entered Parliament in 2019 from the Chevella constituency on a Bharat Rashtra Samithi (BRS) ticket. He switched to Congress ahead of the 2024 elections but failed to retain his seat.
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