The Tejaswi Rao Nitin Gadkari (KTR) has accused Y.S. Jagan Mohan Reddy's brother, Revanth Reddy, of orchestrating a massive land scam worth thousands of crores through real estate brokers associated with him.
Land ScamAndhra PradeshKtrRevanth ReddyReal EstateReal EstateMar 10, 2025
KTR, or Kalvakuntla Taraka Rama Rao, is a prominent leader of the Telangana Rashtra Samithi (TRS) party and currently serves as the Cabinet Minister of Road Transport and Highways in India.
KTR has accused Revanth Reddy, the brother of Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy, of masterminding a multi-crore land scam through real estate brokers linked to him.
KTR has alleged that the land scam involves thousands of crores, making it a significant financial and political issue in Andhra Pradesh.
KTR has provided names and addresses of real estate brokers involved, along with specific instances of land transactions that he claims are part of the scam. He has called for a thorough investigation by an independent agency.
The YSR Congress Party (YSRCP) has vehemently denied the allegations, accusing KTR of propagating baseless claims to create a political crisis. They have called for a calm and rational approach to the issue.
Explore the current state of the real estate market in major cities, including Kolkata, and whether recent trends indicate a market peak.
India's top real estate developers, including Godrej Properties and DLF, reported a significant increase in property sales in the first quarter of FY25, driven by strong demand for luxury housing.
Botswana Diamonds PLC has initiated an artificial intelligence project to enhance its diamond exploration efforts, marking a significant milestone in the company's history.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against 628 housing projects across the state for failing to display their registration number and QR code in advertising materials.
Apco Infratech breaks records with its Rs 155 crore purchase of a luxury triplex apartment in Mumbai's Pali Hill, setting a new benchmark in India's residential property market.
A high-profile real estate firm is currently dealing with the aftermath of a violent incident where a client reportedly assaulted the executives over the deactivation of his account. Authorities are investigating the matter, and legal actions are underway