Hyderabad, March 10 -- Bharat Rashtra Samithi (BRS) working president and ex-Telangana industries minister KT Rama Rao (KTR) on Monday, March 10, alleged that chief minister Revanth Reddy is involved in a real estate scam to the (estimated) tunes of thousands of crores in the state. KTR alleged that the CM is "orchestrating the scandal" by giving Transferable Development Rights (TDR) to a handful of select "real estate brokers".

In an interaction with the media, KTR said that according to "serious allegations from various quarters", the Telangana chief minister and four real estate brokers closely associated with him are manipulating the system to "execute what could be one of the largest financial scams in recent times". He further alle...