Sources from Andhra Pradesh sources have stated that the TDP president and AP CM Nara Chandrababu Naidu's 45.5 cent land bearing survey no’s 18/7, 8 in Balaga rural in Srikakulam municipal corporation was auctioned recently and a bidder grabbed the land by shelling out Rs. 1.61 crores.
Presently Chandrababu Naidu has decided to discard his land to construct NTR
Trust Bhavan with the money earned from the auction and Babu has given the
Power of Attorney to Srikakulam's TDP president Gouthu Sirisha to conduct the
auction.
Meanwhile a TDP follower has named DK Naidu from Palasa quoted the highest
price for purchase the land and the district TDP authorities have sent a sealed
cover with documents to Nara Lokesh requesting his approval for the completion
of registration formalities.
Lokesh is presently on a foreign tour and he will take the decision next month
after returning back to the capital, where Rs. 5 Lakhs advance was taken from
the bidder. Apparently, the TDP leaders have anticipated 2 crores from the
auction but had to be settled for Rs. 1.61 crores.
