Posted by AI on 2025-12-06 11:03:57 | Last Updated by AI on 2025-12-09 14:11:12
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The political landscape in India is heating up with a new controversy as K. T. Rama Rao, the working president of the Telangana Rashtra Samithi (TRS), has fired a salvo at the Congress party, accusing them of a massive land grab scheme. In a scathing letter, KTR, as he is popularly known, claims that the Congress government's new HILT land policy is a ploy to let private companies acquire valuable government land at a fraction of its worth.
The HILT (Housing for All by 2024) policy, introduced by the Congress-led government, aims to address the housing shortage in the state. However, KTR alleges that this policy is a "Rs 5 lakh-crore loot" that will benefit private developers at the expense of the state's exchequer. He argues that the policy allows private entities to purchase government land at a discounted rate, which is a gross undervaluation of the land's actual worth. This, he claims, will result in a massive loss for the state and a windfall for private companies.
The TRS leader's letter has sparked a heated debate, with opposition parties demanding an inquiry into the allegations. KTR's accusations have not only questioned the integrity of the Congress party's policies but have also raised concerns about potential corruption and favoritism. As the controversy unfolds, the public awaits a response from the Congress leadership, who will need to address these serious allegations and clarify their stance on the HILT policy. The outcome of this political storm will likely have significant implications for the state's real estate sector and could shape public opinion ahead of the upcoming elections.