{
  "id": 13332238,
  "title": "BRS raises concerns over ‘mortgaging’ land to raise ₹10,000 crore by Government",
  "url": "https://urgent.news/2026/10/10/brs-raises-concerns-over-mortgaging-land-to-raise-10-000-crore-by",
  "topic": "world",
  "section": "World",
  "published": "2026-10-10T05:06:43.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/telangana/brs-raises-concerns-over-mortgaging-land-to-raise-10000-crore-by-government/article71565231.ece"
  },
  "original_language": "en",
  "account": "The Bharat Rashtra Samithi (BRS) spokesperson, Manne Krishank, expressed concerns over the state government's alleged practice of using government land as collateral to raise ₹10,000 crore. Krishank alleged that 817 acres of valuable government land were mortgaged as security. He called for transparency on the land transaction, valuation, and agreements involved in the pledged land. Krishank specifically requested details about the land parcels in areas like Hitech City, Miyapur, Shankarpally, Patancheru, Hayathnagar, and Jawaharnagar. He questioned the valuation of land in these high-value areas at around ₹15 crore per acre and asked for the valuation reports, explaining the determination of these figures. Krishank also pointed out an increase in HMDA-related bank balances from approximately ₹275 crore in March 2026 to around ₹10,000 crore in June 2026. He demanded clarification on the source of these funds and publication of the related agreements and valuation reports. Krishank specifically highlighted the case of Survey No. 12/P in Jawaharnagar, where about 50 acres of land were reportedly assigned to Genpact in 2008 at ₹25 lakh per acre. He sought information about the process of identifying and pledging the 817 acres of land, including the agencies involved, government approvals, and the purpose of raising the ₹10,000 crore through the HMDA program.",
  "summary": "“The public deserved clarity about government decisions involving land in areas including Hitec City, Miyapur, Shankarpally, Patancheru, Hayathnagar and Jawaharnagar,” says BRS spokesperson",
  "key_points": [
    "BRS alleges ₹10,000 crore raised using 817 acres of government land as collateral.",
    "Spokesperson Manne Krishank demands transparency on land valuation and agreements.",
    "Krishank questions HMDA-related bank balance increase and seeks related documents."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}