Hyderabad, Feb. 3 -- As the regularisation of 54.79 acres of prime land allegedly encroached upon by GITAM, a private deemed to be university in Visakhapatnam, snowballs into a major controversy, university chairman and Telugu Desam Party (TDP) MP Mathukumilli Sribharat has said the institution would pay the price fixed for regularisation by the Andhra Pradesh government. The land regularisation process by the Greater Visakhapatnam Municipal Corporation (GVMC) came under strong criticism from opposition YSR Congress Party (YSRCP) president and former chief minister YS Jagan Mohan Reddy, who accused chief minister N Chandrababu Naidu of handing 54.79 acres of prime land worth nearly Rs.5,000 crore to his family member Sribharat. "The encroac...