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TGIIC mortgaged Kancha Gachibowli land without papers: KTR – The Times of India

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TGIIC mortgaged Kancha Gachibowli land without papers: KTR – The Times of India


Hyderabad: BRS working president KT Rama Rao on Friday accused the state govt of orchestrating a financial scam of Rs 10,000 crore pledging 400 acres of Kancha Gachibowli land.
KTR alleged though the land was not officially transferred to Telangana State Industrial Infrastructure Corporation (TGIIC), the corporation had mortaged it with ICICI Bank, which, without verifying the land records, had granted Rs 10,000 crore loan.
Speaking at a press conference at Telangana Bhavan, KTR described the whole transaction as a “criminal conspiracy” involving chief minister A Revanth Reddy. He said the govt not only looted public money but also caused irreversible environmental devastation, betraying the trust of people.
“When the land was not alienated to TGIIC, how can it borrow Rs 10,000 crore? How did the bank allow it. After Supreme Court verdict on the land last year in favour of the govt, the state had transferred it to TGIIC by issuing a GO, not legally alienated or mutated to TGIIC. That means the corporation is not the owner of the land legally,” he alleged.
However, an ICICI Bank spokesperson denied that the bank had provided a mortgage loan to TGIIC.
“We would like to clarify that we have not provided any mortgage loan to TGIIC and TGIIC has not mortgaged any land with us in relation to this bond issuance. We acted only as an account bank to TGIIC for receipt of bond issuance money and interest servicing,” the bank’s spokesperson said.
KTR demanded a probe by Reserve Bank of India, Central Vigilance Commission and Serious Fraud Investigation Office. He said he would be writing letters to the agencies on the entire episode. He also demanded that Rs 10,000 crore loan be revoked and Revanth as well as TGIIC officials be held accountable.
He also claimed there was a larger HMDA land scam worth Rs 60,000 crore and vowed to raise the issue in Parliament and courts, if needed.
Alleging that there was a criminal conspiracy, KTR questioned why value of Kancha Gachibowli land was revised thrice – Rs 75 crore, Rs 52 crore and Rs 41 crore per acre in one year.
“The govt inflated the value of 400 acres to Rs 30,000 crore in a June 2024 in the GO and reduced it to Rs 16,400 crore by Nov 2024, raising suspicion of a plan to transfer it to Revanth Reddy’s associates at a lower price. According to the stamps and registration department, the land’s actual market value is Rs 5,239.84 crore, exposing the gross overvaluation,” he said.
KTR alleged the bank relied on Trust Investment Advisor Pvt. Ltd., a brokerage firm which was paid Rs 169 crore by the state through Beacon Trusteeship. He claimed the land was classified as forest land under a 1996 SC ruling, but was illegally pledged without verifying ownership or obtaining environmental clearances.
He also alleged that a BJP MP facilitated the scam by introducing the brokerage company, enabling bank’s loan approval.
“This MP’s name will be revealed soon. The central govt’s inaction will confirm a BJP-Congress nexus,” he said.
KTR also accused the state govt of misusing the loan, meant for welfare schemes, to pay commissions to Congress loyalists.
“They claimed Rs. 5,000 crore went to farmers, but where is the rest?” he sought to know.





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Temperatures breach 45°C in five Telangana districts; thunderstorm alert on Saturday

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Temperatures breach 45°C in five Telangana districts; thunderstorm alert on Saturday


Temperatures over 45°C was recorded in five districts of Telangana on Thursday (April 24, 2025)
| Photo Credit: Graphics: Subyendu Ganguly

The ongoing heatwave sweeping across Telangana has intensified with several regions recording dangerously high temperatures on Thursday (April 24, 2025). According to data from the Telangana Development Planning Society (TGDPS), six districts reported maximum temperatures of 45°C or higher, pushing the mercury into the red zone.

Tanur in Nirmal and Armoor in Nizamabad were the hottest locations, each recording 45.4°C. Close behind were Korutla in Jagtial with 45.3°C, Bela in Adilabad at 45.2°C, Bheemini in Mancherial reaching 45.1°C, and Kerameri in Kumaram Bheem Asifabad registering an even 45°C.

Other regions too hovered just below the 45°C. Maldakal in Jogulamba Gadwal and Damaracherla in Nalgonda recorded 44.9°C; followed by Madnur in Kamareddy at 44.6°C; Palakurthy in Peddapalli at 44.5°C and Gangadhara in Karimnagar touching 44.4°C.

The heatwave showed no signs of relenting in the rest of the State either. The remaining 22 districts recorded temperatures ranging between 41°C and 43°C, with even urban pockets feeling the brunt.

Temperatures in urban districts

In the Greater Hyderabad region, Quthbullapur in Medchal Malkajgiri registered 42.4°C; Ibrahimpatnam in Ranga Reddy touched 42.1°C, and Saidabad in Hyderabad recorded 42°C.

Thunderstorm alert to 29 districts

Meanwhile, the India Meteorological Department (IMD) has issued a thunderstorm alert for several districts across the State for Saturday (April 26, 2025).

According to the IMD forecast, isolated places in as many as 29 districts are likely to experience thunderstorms accompanied by lightning and gusty winds. The districts under the alert include Mancherial, Nirmal, Nizamabad, Jagtial, Rajanna Sircilla, Karimnagar, Peddapalli, Jayashankar Bhupalpally, Mulugu, Bhadradri Kothagudem, Mahabubabad, Warangal, Hanumkonda, Jangaon, Siddipet, Yadadri Bhuvanagiri, Rangareddy, Hyderabad, Medchal Malkajgiri, Vikarabad, Sangareddy, Medak, Kamareddy, Mahabubnagar, Nagarkurnool, Wanaparthy, Narayanpet, and Jogulamba Gadwal.



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‘In kam*o, hara****don jo harqat ki’: Asaduddin Owaisi loses cool over Pahalgam attack | Hyderabad News – The Times of India

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‘In kam*o, hara****don jo harqat ki’: Asaduddin Owaisi loses cool over Pahalgam attack | Hyderabad News – The Times of India


NEW DELHI: “Inn ka***no, h******don nejoharkat ki, wahan par naam pooch kar goli maare, samudaaya pooch kar marein, iski accountability toh honi chaiye,” said AIMIM chief Asaduddin Owaisi as he slammed the Pahalgam terror attack and demanded accountability for what he called a grave security lapse.
Speaking to media in Hyderabad, Owaisi questioned how such a high-footfall tourist destination could be left unguarded. “ A place where there were so many tourists, there was not even one police personnel, or a CRPF camp. The Quick Reaction Team (QRT) took over an hour to arrive at the scene. And these people shot people after asking about their faith.”
Blaming Pakistan for sheltering the attackers, he said, “They came from Pakistan, and Pakistan supports them. How did they cross the border? Who is responsible for it? They could also reach Srinagar if they reached Pahalgam. Justice would only prevail when accountability is fixed… and these terrorists will be punished.”
Owaisi said Union Home Minister Amit Shah called him personally to invite him to the all-party meeting in Delhi. “The reason for which the all-party meeting is called is of national importance. The Home Minister just called me and asked where I am. He has asked me to come. I will book the earliest ticket and reach the all-party meeting (in Delhi),” he said.
This came after he publicly questioned the government’s decision to include only bigger political parties. On X, he shared details of a conversation with Parliamentary Affairs Minister Kiren Rijiju, who told him that only parties with five or ten MPs might be invited.
“Regarding the Pahalgam All Party Meeting, I spoke to Kiren Rijiju last night. He said they’re thinking of inviting only parties with ‘5 or 10 MPs.’ When I asked why not parties with fewer MPs, he said that the meeting would get ‘too long.’ When I asked, ‘What about us, the smaller parties?’ He joked that my voice is, anyway, too loud,” Owaisi posted.
He stressed the importance of inclusivity and urged the PM to hear out all voices. “The all-party meeting aims to send a strong and united message against terrorism,” he said, questioning whether the Prime Minister couldn’t spare some more time to listen to everyone.





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IPL 2025: Traffic tweaks, parking curbs in place for CSK vs SRH match at Chennai’s MA Chidambaram Stadium today; check details here | Chennai News – The Times of India

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IPL 2025: Traffic tweaks, parking curbs in place for CSK vs SRH match at Chennai’s MA Chidambaram Stadium today; check details here | Chennai News – The Times of India


NEW DELHI: In light of the Indian Premier League (IPL) 2025 fixture between Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH), scheduled for Friday, April 25, the Greater Chennai Traffic Police have announced special traffic and parking arrangements to ensure smooth vehicular movement and public safety around MA Chidambaram Stadium.
Considering the anticipated heavy footfall and vehicular congestion, the following traffic arrangements will be in effect today from 5pm to 11pm:
Parking arrangements
Car pass holders:Vehicles bearing valid car passes will be permitted to park only in the areas designated on their respective passes.
Self-driven vehicles: Spectators driving themselves are advised to use cathedral road to R.K Salai to reach Kamarajar Salai (Marina beach Road) and park at the Marina Beach Service Road parking area. Access to the stadium is via the pedestrian subways.
Taxis, auto-rickshaws, and chauffeur-driven vehicles: Commuters are advised to take Anna Salai to reach Wallajah road for drop-off near the stadium, after which vehicles may proceed to Sivananda Salai for parking.

  • Mini buses / MTC / special buses:

Entry of buses will be restricted on Wallajah Road. Pick-up and drop-off will be facilitated at Swamy Sivananda Salai. Passengers may proceed to the stadium by foot via Press Club Road.
Traffic diversions

  • Victoria Hostel Road (Canal Road): Entry permitted only from Bharathi Salai. No entry allowed from Wallajah Road.
  • Bells Road: Bells Road will be operated as a one-way, with entry allowed only from Bharathi Salai. Vehicles will not be permitted to enter from Wallajah Salai.
  • Bharathi Salai: Vehicles travelling from Ratna Café towards Kamarajar Salai will be diverted at the Bells Road – Wallajah Salai intersection.

The public is advised to use public transport and arrive via MRTS Chepauk Railway Station or Government Estate Metro Station for easier access to the stadium.
This advisory forms part of a comprehensive, season-long traffic management plan implemented for all Chennai Super Kings’ home matches at MA Chidambaram Stadium. In the coming weeks, similar arrangements will be in place for fixtures against teams such as Punjab Kings, Rajasthan Royals, and Sunrisers Hyderabad.





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