AP Housing Board is planning to sell valuable lands in a open auction to be conducted on 22nd November at 11 AM at Gruha Kalpa, Nampally.
Mission Telangana team requests Telangana leaders to immediately intervene and stop this auction to save valuable lands so that we can use these lands for public purpose in future.
Already, thousands of acres of valuable Telangana lands were sold to real estate brokers by Chandra Babu Naidu and YS Rajasekhar Reddy in the past 15 years.
The A.P. Housing Board was formed by merging the erstwhile City Improvement Board and Town Improvement Trust of Twin Cities established during the Nizam period.
The City Improvement Board was formed in 1911 as a result a large scale devastation which the City of Hyderabad suffered due to the Moosi Floods in 1908. Its main function was to attend to general improvement of city, opening out congested areas and forming of roads, construction of houses by removing slums and improvement of general sanitary conditions to safeguard public health.
The Town Improvement Trust of Secunderabad was formed in the year 1931 with more or less similar objectives with emphasis on development of lands.
AP Housing Board has developed several residential colonies in Hyderabad the rest of the state. Kukatpally Housing Board, which is Asia’s largest residential colony was built by AP Housing Board only.
But two successive Seemandhra Chief Ministers – Chandra Babu Naidu and YS Rajasekhar Reddy have destroyed this organization. Valuable lands belonging to AP Housing Board were sold off to private real-estate companies at throw away prices. The money obtained by the sale of these lands was then siphoned off by the state government in the name of schemes.
During YS Rajasekhar Reddy’s regime alone, lands worth 3,500 crores were sold in Hyderabad. The Income Tax department has already slapped a notice to APHB to pay Rs 1000 crores as income tax on the land sales. APHB is currently bankrupt and is unable to pay even salaries of its employees.
APHB is planning another big round of land auction on 22nd November 2012. The proposed auction is aimed at raising more than 100 crores by way of plots auction.
Telangana leaders should demand that this land sale is stopped immediately. These are precious lands that the future Telangana state would need for developmental activities.