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Kokapet auction drove away national bidders: Revanth

Kokapet auction drove away national bidders: Revanth

The Hindu
Saturday, July 17, 2021 03:40:41 PM UTC

Asks govt. to call for fresh tenders to earn an additional ₹1,000 crore

Telangana Congress chief A. Revanth Reddy has claimed that the auction of Kokapet lands exposed how those close to the government secured lands ‘cheaply’ driving away national bidders. At a press conference here on Saturday, he questioned the huge variation of price for each acre in the same place. “One acre is sold at ₹60 crore and majority at ₹30 crore per acre. All these plots have same quality of roads abutting them and there can’t be such huge variation,” he said, adding that this itself exposes some secret dealings. “I will lodge a complaint with Prime Minister Narendra Modi and Union Home Minister Amit Shah to investigate into the auction. I will also provide them with all the evidence. I want to see whether the State BJP leaders take this forward or just keep themselves busy just levelling allegations against the CM,” he said.
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