BRS alleges misuse of TDR under Congress rule, vows to expose scam

BRS working president KT Rama Rao alleged that relatives and associates of Chief Minister A Revanth Reddy were purchasing Transferable Development Rights at low prices and selling them for profit. He also criticised the Congress government’s planning on the Musi River project

Hyderabad: BRS working president KT Rama Rao alleged that Chief Minister A Revanth Reddy’s family members and his associates were buying Transferable Development Rights (TDRs) indiscriminately and setting the stage for a huge scam.

“After our government returns to power, we will conduct a probe into this TDR scam. We will expose the role of Revanth Reddy’s family members and relatives. They are buying TDRs from displaced persons for a pittance and selling them at exorbitant prices,” Rama Rao said.

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He said every detail, including seller, the buyer and the transactions would be tracked in the TDR process. Everyone involved in the scam would face consequences, he stressed. The BRS working president reminded that during last year’s budget session, he had mentioned that they were purchasing TDRs and would later bring in regulations making utilisation of TDRs mandatory.

“As predicted, the Congress government has now introduced new real estate regulations, directing real estate companies to purchase TDRs,” Rama Rao pointed out.

He charged that under Revanth Reddy’s rule, TDR had turned into “Tirupati Reddy Development Rights”. “Revanth Reddy has turned this TDR into an ATM for his family. We will soon hold a press conference to fully expose this TDR scam,” Rama Rao stated.

Government lacks planning on Musi project

The BRS working president strongly criticised the Congress government for its approach towards the Musi river development project. There was complete lack of planning, financial clarity, and public engagement, he charged. “The State government is relying on expected funding from the Asian Development Bank, which has not materialised so far. Even the Detailed Project Report is not ready,” Rama Rao said.

Stating that the BRS had already presented its vision for the Musi project during a public presentation held at Gandipet, he said if required, the party was prepared to present the same to the Ministers.

The BRS working president emphasised that discussions on such a critical project must not be confined to closed-door meetings in five-star hotels or within the Secretariat among a handful of officials. He asserted that the project should proceed only after building public consensus. Apart from senior officials, several prominent people, including social activist Medha Patkar and academician Prof Ghanta Chakrapani, had called for the Musi project to be implemented in accordance with the people’s will, he stated.