Tirupati, Aug. 24 -- YSRCP senior leader and former TTD Chairman Bhumana Karunakar Reddy today launched a scathing attack on Andhra Pradesh Chief Minister N Chandrababu Naidu, alleging that he has "conspired" to hand over highly valuable TTD property to Oberoi Hotels under the guise of a land exchange.
Addressing the media at his residence in Tirupati, Karunakar Reddy revealed that 20 acres of prime TTD land worth nearly Rs. 1,500 crore in Tirupati Urban limits are being swapped with low-value land from the Tourism Department located in rural areas.
This, he said, would inflict a loss of over Rs. 1,000 crore on TTD. He pointed out that a special TTD meeting was convened on May 7 with a single agenda of land exchange, and within a month, o...