The Telangana government is facing demands to disclose how 817 acres of public land in and around Hyderabad were valued and reportedly pledged to raise approximately ₹10,000 crore. BRS spokesperson Manne Krishank sought the release of valuation reports, approvals, agreements and details of how the Hyderabad Metropolitan Development Authority (HMDA) plans to use the funds.
Addressing the media at Telangana Bhavan on Friday, Krishank alleged that the process for identifying and pledging the parcels lacked transparency. He asked the Congress government to clarify which agency valued the land, how the figures were determined and why the valuation reports had not been made public.
The land parcels reportedly include locations such as Hitec City, Miyapur, Shankarpally, Patancheru, Hayathnagar, Jawaharnagar, Izzatnagar and Mokila. Krishank questioned whether land in some of Hyderabad’s most valuable areas could reasonably be valued at approximately ₹15 crore per acre.
Citing documents available to him, the BRS spokesperson said the parcels had an aggregate market value of approximately ₹12,818 crore. He alleged that some of the 817 acres had been undervalued and were being planned for later auction. The report supplied by the Times of India does not include the underlying valuation reports or an independent assessment of the figures cited by Krishank.
Krishank also referred to information indicating that HMDA-related bank balances had increased from approximately ₹275 crore as of 31 March 2026 to around ₹10,000 crore as of 30 June 2026. He asked the government to explain the source of the funds and publish the agreements and valuation documents connected with the reported fundraising.
The demand places the focus on the administrative chain behind public land transactions: the identification of government parcels, the authority responsible for valuation, the approvals required for using land as security and the institution responsible for managing the proceeds. Those details were not provided in the supplied report, which records the BRS allegations and demands but does not carry a response from the Telangana government, HMDA or the agency said to have conducted the valuations.
The BRS spokesperson also questioned the reported allotment of about 50 acres in Jawaharnagar at ₹25 lakh per acre. He alleged that the price was substantially below the market rate and said no official order for the allotment was available. The report does not establish the status of the allotment, the identity of the recipient or whether the alleged price has been confirmed by an official document.
Krishank said the government should disclose the value of the land, the amount raised against it and the proposed use of the funds. The next step sought by the BRS is the publication of the valuation reports, transaction agreements and government approvals related to the reported pledge and the other land-allotment claims.
