YSR Congress MP Accuses Chandrababu Naidu of Amaravati Real Estate Scam
Amaravati turned into 'mega real estate scam': YSR Congress MP Midhun Reddy
News 18
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P.V. Midhun Reddy, the YSR Congress Party Lok Sabha leader, accused the Chandrababu Naidu government of turning Amaravati into a 'mega real estate scam' during a Lok Sabha debate. He highlighted financial irregularities and exploitation of farmers, demanding immediate intervention from the central government.
- 01Midhun Reddy alleges Amaravati's development is a scam benefiting a select few.
- 02He questions the irrational scale of land acquisition, burdening farmers.
- 03Construction costs in Amaravati are claimed to be significantly inflated.
- 04The YSR Congress Party opposes the AP Reorganisation (Amendment) Bill – 2026.
- 05Midhun Reddy emphasizes the need for decentralization of development.
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During a Lok Sabha session on April 3, 2023, P.V. Midhun Reddy (YSR Congress Party) accused the Chandrababu Naidu-led government of transforming Amaravati into a 'mega real estate scam.' He claimed that the capital city was being developed not for the public good but as a profit-making venture for a few individuals. Reddy highlighted the scale of land acquisition, noting that while Delhi covers about 10,500 acres, Amaravati has expanded to nearly 100,000 acres, causing distress among farmers who have not received promised plots. He raised concerns about inflated construction costs, stating that while the average cost in cities like Delhi is around ₹4,000 (roughly $48 USD) per square foot, Amaravati's costs are over ₹12,000 (roughly $145 USD) per square foot, questioning the allocation of the additional funds. Reddy criticized the government's financial management, asserting that they are unable to pay salaries on time yet continue to push for a capital project requiring vast investments. He firmly opposed the proposed amendment bill, stating it legitimizes injustice to farmers and facilitates corruption. Concluding his remarks, he reiterated the YSR Congress Party's commitment to fighting against corruption and injustice, leading to a walkout by party MPs in protest against the bill.
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The allegations could lead to increased scrutiny of the Amaravati project and impact the livelihoods of farmers who were promised benefits that have not materialized.
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