Amaravati land deals at throwaway prices? The case for and against the TDP

YSRCP leader G Srikanth Reddy says the TDP coterie misused their prior information and had purchased land at throwaway prices.

Written by Sreenivas Janyala | Hyderabad | Updated: March 7, 2016 3:33 pm
amaravati, andhra new capital amaravati, amaravati land deal, TDP amaravati land deal, YSR Congress amaravati, candrababu naidu, andhra news, telangana news, india news Prime Minister Narendra Modi with Andhra Pradesh Chief Minister N Chandrababu Naidu and Telangana Chief Minister K Chandrasekhar Rao at the foundation laying ceremony of Amaravati. (Source: PTI file photo)

The YSR Congress Party has accused members of the ruling Telugu Desam Party (TDP) of making land deals in the Amaravati capital region using prior knowledge which have resulted in a windfall now. The party has demanded a CBI inquiry into the land deals allegedly made by several members of TDP or their kin who, they say, received prior information about the location of the new capital and purchased land at throwaway prices from farmers. The cost of land has risen drastically since and they are reaping the benefits which otherwise should have gone to the farmers.

YSRCP leader G Srikanth Reddy says the TDP coterie misused their prior information and had purchased land at throwaway prices. The land was forcibly taken away from farmers by using all methods, including force, according to Reddy. The YSRCP has accused the TDP leaders of harassing farmers who refused to give their land.

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Even as the AP Reorganisation Bill 2014 was tabled in Parliament for bifurcation of the state into Telangana and AP, there was a real estate frenzy in AP over where the state’s new capital would be built. Speculation was rife that it would be located in the Guntur-Vijayawada region so prices of land there shot up and many farmers and
landowners sold their land to make a quick buck. However, when the boundaries of the capital region were finally notified, a majority of the farmers in the region decided on land pooling and gave the land to
government rather than sell it.

The TDP has denied all allegations that its leaders or members were involved in purchasing thousands of acres. It has produced records of the land transactions sales and purchases in the region. Chief Minister N Chandrababu Naidu on Sunday attacked YSRCP for creating hurdles in the establishment of Amaravati by these accusations against TDP leaders.

To back its claim the AP Government says there was minimal land sale between June 2, 2014 — the day new AP state was formed after bifurcation — and September 3, 2014 when Amaravati was notified as the state’s new capital region: 515 acres of land was sold through 604 transactions in the region during that period. However, from June 2, 2014 to February 2016, 9,231 acres of land has been sold and 20,306 transactions took place in the region. Between September 4 and December 8, 2014 when the land-pooling policy for the capital was announced, 1,756 transactions took place in which 1,724 acres of land were sold.

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