What to buy or sell huge piece of land in Hyderabad..? Is it a government land in litigation..? Want the crores worth assigned land occupied..? Seems like one should approach Phoenix alleged to be the specialist in kabzas and scandals. TRS government which goes gaga if anyone buys assigned lands on any specific project is observed turning a blind eye for Phoenix.
Despite the ToliVelugu crime bureau unearthing the irregularities including the survey numbers, both the government and the construction company remained ignorant. Be it the Padmalaya studio lands allotted for film development, inam lands registered in Dharani under Ceiled Act, or the ponds around Hyderabad, Phoenix eyed on every possible land in the last 8 years.
From the heap of irregularities, ToliVelugu is yet another kabza story. During the regime of Kotla Vijay Bhaskar Reddy, the government has allotted 2 acres in Shaikpet with Survey No. 403 with document number 2021/1996 to Leela Agarwal’s Root Educational Society in Banjara Hills for offering good education for less fee. The government had registered through the then Collector R. Subramaniam to pay the installments for 5 years at the rate Rs 200/square yard. The sale was made dated: 23-2-1994 as per G.O. Ms.No. 199 Rev. (Assian-III).
However, Leela Agarwal’s ambition of providing quality education to students was gone at a toss with his son Amit Agarwal commercializing it. While the agreement was made with the government to build schools, hostels and teachers’ quarters in the land, Amit sold the land to Phoenix Gopi Krishna claiming that he bought the land at market price.
In a surprising factor, the price of the land increase exponentially after the land came into Phoenix’s hands. The company is already doing business worth around Rs 1 lakh crore on most of the litigation lands. An agreement has been reached to buy it for Rs 80 crore while an additional thousand yards of government land was snatched. The Vigilance Enforcement has issued notices to GHMC officials to give an explanation within a week after learning of the same. However, there are doubts as to whether the notices will unearth the dhandha.
The ToliVelugu investigation revealed that the irregularities amplified after Chukkapalli handed over the leadership to Suresh Gopikrishna. Number of sister companies emerging is the best example to prove the same. Keep following the thread for more shocking truths in part 14.