Politics · India Bureau
BRS questions Telangana government's ₹10,000 crore land monetisation plan
The opposition Bharat Rashtra Samithi has raised concerns over the state government's proposal to raise ₹10,000 crore by leveraging land assets across key developmental zones. The party has called for greater transparency on the land transactions and their implications.
LSN India ·
The Bharat Rashtra Samithi (BRS) has questioned the Telangana government's plan to generate ₹10,000 crore through land monetisation, voicing concerns over what it characterised as "mortgaging" public assets without adequate disclosure. The opposition party has demanded clarity on government decisions involving substantial tracts of land across multiple high-value zones in the state.
BRS spokesperson highlighted six key areas earmarked in the proposal: Hitec City, Miyapur, Shankarpally, Patancheru, Hayathnagar and Jawaharnagar. These zones represent significant real estate and developmental hubs in and around Hyderabad, making the land transactions a matter of considerable public interest.
The party contended that citizens deserve transparency regarding how public land in these strategically important areas would be utilised and what returns could be expected from such transactions. The BRS's position reflects broader concerns about accountability in major fiscal decisions affecting state assets and future urban development patterns.
The development marks the latest point of contention between the opposition and the ruling government over resource management and land policy in Telangana, underscoring the political sensitivity of real estate decisions in the state's rapidly developing urban corridors.