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Actresses loss money in real estate scam

The company has bought land from farmers for only Rs 5 lakh per acre & sold it to celebrities for Rs 1 cr per acre

👤 Srimathi Sridharan29 July 2020 8:47 AM GMT
Actresses loss money in real estate scam
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Hyderabad: One of the leading real estate companies in the state of Telangana has reportedly sold state-owned lake waterbody government land to several celebrities, including actresses Nayanthara, Ramya Krishnan and Sachin's wife Anjali Tendulkar.

The company is said to have bought poramboke land from farmers for only Rs 5 lakh per acre and sold it to celebrities for Rs 1 crore per acre. It has been reported that actress Nayanthara, Ramya Krishnan and Anjali Tendulkar have bought the land for crores of rupees.

In this situation, it has come to light that no construction work can be done on this land at present and that it is a waterbody poramboke land and the Revenue Department officials may inquire into this and send a notice to that particular real estate company.

The matter, which has now taken shape, is said to have come to light due to a dispute between the shareholders in the land business.