BRS raises concerns over ‘mortgaging’ land to raise ₹10,000 crore by Government

The BRS has raised concerns over the government’s reported plan to mortgage land to raise Rs 10,000 crore. A party spokesperson said the public deserved clarity on decisions involving government land.

According to the spokesperson, the issue concerns land in several areas, including Hitec City, Miyapur, Shankarpally, Patancheru, Hayathnagar and Jawaharnagar. The party said details of the proposal should be made public.

The statement comes amid questions over how the government plans to proceed with the land and the funds it aims to mobilise. No official response was mentioned in the input.