Jana Sena supremo Pawan Kalyan on Monday performed Bhoomi Puja for his new house which is all set to be constructed in 2.07 acres of land at 368/B1 survey number at KAZA, in Guntur district. The land rates in this area are sky-high at a minimum of Rs 2 crore per acre. However, Kalyan secured that land for a minuscule rate as low as 10 percent of the market value. According to the government land registration document, the land was secured at about Rs 20 Lakh per acre. As per the records, Kalyan purchased the 2.07 acres of land at Rs 41,40,000. ( While prices are volatile, Realtors in the area told Telugu360 that current market price of some of the plots is more than Rs 10 Cr per acre in area that Pawan is building the house)
As per highly placed sources, there is a settlement story in itself around buying this land at throwaway prices, with Rajahmundry real estate as backdrop and Janasena party office as base. Prasad who was an NRI, returned from US and ventured into real estate business initially in Hyderabad, after which he aspired to construct high-rise apartment in Rajahmundry. He secured all the approvals for the construction of the building at a land identified in Rajahmundry only to be stalled by a well-known litigant Someswararao from East Godavari who also happens to be a relative of Kapu patriarch Mudragada Padmanabam.
While the two parties were taking help of local rural and Urban MLAs of Rajahmundry, NRI Prasad reached out to Jana Sena’s key member Maarisetti Raghavaiah. He sought help of them, promised to bear the cost of construction of Jana Sena office or Kalyan’s home if the Rajamundry land matter is sorted out. Raghavaiah who took permission of Kalyan and with the help of then ex-DGP, successfully stalled the litigant Rao and Prasad got his land out from litigation. With the help of a retired IAS officer (Ex IT Commissioner), who is also a political aspirant, NRI Prasad ensured that the 2-acre land set-aside for Sahiti Constructions by LEPL ( Lingamaneni Estates Pvt. Ltd) has been registered for Pawan Kalyan at throwaway price. It may be recalled that LEPL owns the river front guest house which is the residence of Chief Minister Chandrababu Naidu
Directly Jana Sena party member and indirectly Kalyan were part of this quid-pro-quo between the litigant and the real estate builder.
