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TRS MP's Family involved in Miyapur Land Scam

By:  Tupaki Desk   |   11 Jun 2017 6:17 AM GMT
TRS MPs Family involved in Miyapur Land Scam
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Investigation by CID disclosed that about 693 acres of Government Land worth Rs 588 crore has been encroached by PS Parthasarathi, Rachakonda Srinivas Rao and PVS Sharma. The trio had even sold the land to private companies.

PS Parthasarathi is the brother of Businessman PS Prasad who is the director of Goldstone. Even names of PS Prasad's wife Indrani Prasad and his daughter Mahitha Caddel were included in the FIR as 5th and 6th Accused.

TRS MP K Keshava Rao's Daughter & TRS Banjara Hills Corporator Gadwal Vijaya Laxmi purchased 50 acres of this encroached land in 2013. However, Then Ibrahimpatnam Sub-Registrar Madhusudhan Reddy refused the registration citing it's a Government Land.

After the transfer of Madhusudhan Reddy, Saleha Qadeer was appointed as Sub-Registrar and the registration was permitted by her against the norms. Hence, The land purchased in 2013 got registered finally in 2015. The market value of 50 acre land is Rs 200 crore at present.

K Keshava Rao admits his family members purchased the land to set up a solar power plant. He, however, says the land costed just Rs 25 lakh when his kin purchased it and the government price is not more than Rs 25,000.