Sadavarthi Lands Sold For Rs 60.30 Crore

Chennai: The controversial Sadavarthi Lands were sold for Rs 60.30 crore, a sum much higher than the paltry Rs 22 crore that Andhra Pradesh chief minister N Chandrababu tried to sell to his henchmen.

During an auction here on Monday, 83.11 acres of Sadavathi lands were bought by YSR Kadapa resident Satyanarayana Reddy. The latter is the son of Proddatur's former MLA Varadaraju Reddy, a prominent TDP leader. The auction began at Rs 27.45 crore at the Information Center of Tirumala Tirupati Devasthanams in T Nagar of Chennai at 11 am.

AP Endowments commissioner Anuradha, who supervised the auction, said a detailed report of the auction will be submitted to the Supreme Court. It may be recalled that Andhra Pradesh government held an auction in Chennai on March 28, 2016 to sell 83.11 acres of the Sadavarthi lands. However, after YSRCP MLA Alla Ramakrishna Reddy approached the Tamil Nadu high court that the lands were being sold for paltry amount, the arguments prolonged for more than a year culminating in Monday's auction.

YSRCP Proved Right In The Sale Of Sadavarthi Lands

Vijayawada: The YSR Congress Party (YSRCP) has been proved right once again following the sale of Sadavarthi lands for Rs 60.30 crore on Monday, the party spokesperson Vasireddy Padma said.

Addressing the media, she said YSRCP had mentioned on several occasions that the AP government was trying to sell the controversial lands at throwaway prices. “It was only after YSRCP MLA Alla Ramakrishna Reddy filed a petition in the High Court that the misdeeds of the TDP government came to light and the subsequent re-auction was ordered.” she said.