KTR accuses Congress of converting Pharma City into real estate venture

Hyderabad: BRS working president K.T. Rama Rao accused the Telangana Congress government on Monday of illegally converting the Hyderabad Pharma City industrial project into a private real estate venture disguised as “Future City.”

Rama Rao alleged at a press conference that Chief Minister Revanth Reddy abandoned a national-scale industrial initiative worth ₹20,000 crore in public investment to benefit his family members through property development. The BRS leader claimed the government violated the 2013 Land Acquisition Act by repurposing land acquired for public benefit into private projects.

The Congress government had acquired over 20,000 acres from 56 villages with farmers’ consent, specifically for industrial development under the previous BRS administration’s Pharma City project. However, farmers now feel deceived as the land they surrendered for manufacturing purposes faces conversion to real estate development, according to Rama Rao.

Pharma City controversy escalates as legal violations emerge

Rama Rao warned the Assembly about potential legal complications two years ago, but the government ignored his concerns and instead spent hundreds of crores on promotional activities for the Future City concept. Government officials have since acknowledged rising legal problems with the land conversion plan, he stated.

The BRS leader emphasised that the Congress party had promised during election campaigns to return all acquired land to farmers, but failed to honour this commitment after winning power. Instead, the government proceeded with what Rama Rao characterised as a “PR stunt” that serves private interests rather than public benefit.

Rama Rao described the situation as deliberate betrayal rather than administrative mismanagement. He demanded that the government issue a transparent statement clarifying the current status of Pharma City lands and their intended use moving forward.

The BRS working president threatened that his party would join farmers in legal action to protect their rights if the government failed to address the land conversion issue. He accused the Congress administration of concealing facts from farmers who originally agreed to land acquisition for industrial purposes.