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Babu Woos Journalists With Bumper Offer
By: Tupaki Desk | 13 Feb 2019 10:27 AM GMT
AP Cabinet on Wednesday took the decision to allot 30 acres in Amaravati to the Journalists for a nominal price. While each acre in the AP Capital costs not less than Rs 3 crore, Entire 30 acres have been offered to Journalists Housing Society for Rs 3 crore for a throw away price of Rs 10 lakh per acre.
Rs 3 acres will be handed over the Journalists Housing Society if they pay Rs 1 crore. Balance Amount can be paid within the next 2 years.
150 to 175 square yards of plot will be allocated to each Journalist. The actual market value is anywhere between Rs 15,000 to 20,000 per Square Yard in the capital region. Which means, Journalists could be the owners of the property worth over Rs 30 lakh by paying Rs 2-3 lakh to the government.
TDP Leadership seems to have felt the necessity of good cooperation from the Journalists ahead of the 2019 Elections. Whatever the intention might be, Journalists won't complain if transparency is maintained in the allotment of plots.
Rs 3 acres will be handed over the Journalists Housing Society if they pay Rs 1 crore. Balance Amount can be paid within the next 2 years.
150 to 175 square yards of plot will be allocated to each Journalist. The actual market value is anywhere between Rs 15,000 to 20,000 per Square Yard in the capital region. Which means, Journalists could be the owners of the property worth over Rs 30 lakh by paying Rs 2-3 lakh to the government.
TDP Leadership seems to have felt the necessity of good cooperation from the Journalists ahead of the 2019 Elections. Whatever the intention might be, Journalists won't complain if transparency is maintained in the allotment of plots.
