HYDRAA Recovers ₹15,000 Crore of Encroached Land in Hyderabad
Representative image HYDERABAD: The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has successfully reclaimed over 300 acres of valuable government land in Gajularamaram, Quthbullapur, marking one of the largest land recovery operations in Telangana. The estimated value of this land, priced at approximately Rs 50 crore per acre, totals nearly Rs 15,000 crore. HYDRAA officials reported that the land was originally owned by the former Andhra Pradesh State Finance Corporation. With the bifurcation, ownership transitioned to the Telangana State Finance Corporation (TSFC). An official from HYDRAA stated, “During this transition, various politicians, real estate developers, bureaucrats, and other influential…