Movie News

Koratala Siva Selling A Plot In Prime Area Of Hyd

Koratala Siva got himself involved with the business side of Acharya and that has landed him neck deep in trouble. Siva had apparently acquired Acharya from the producer Niranjan Reddy for Rs 4 crores premium above his investment.

Now that the film has bombed at the box office, Siva is reported to have to settle the losses that were incurred to the buyers.

ADVERTISEMENT

It is heard that Siva is being pressurized by Ceeded and Nizam distributors as they seek compensation for the losses. Siva’s friends released the film in Andhra region so there isn’t much pressure from here.

Siva’s immediate job is to settle the loose. In accordance, the senior director is learned to be attempting to sell off a plot in a prime area in Hyderabad for somewhere around Rs 40 to 45 crores.

It is said that Siva plans to compensate Acharya buyers by selling off this plush property. He apparently sees this as his way out.

Share
Jhansi

Jhansi is a senior writer with extensive experience covering Telugu movies and the broader Indian cinema landscape. With a keen focus on U.S. updates related to Telugu people and Indians, as well as immigration & …

Published by

Recent Posts

Khairatabad Ganesh: The OG Mass God Is Back!

One of the most popular destinations in Hyderabad during the Vinayaka Chaturthi period is obviously…

7 minutes ago

ప్రభుత్వోద్యోగాలకు పదేళ్ళు వయోపరిమితి పెంపు… శభాష్ శభాష్!

మన దేశంలో ప్రభుత్వోద్యోగం సంపాదించడం ఓ కల. దాని కోసం రేయింబవళ్ళు చదువుతూ, శిక్షణ పొందుతూ ఎదురు చూపులు చూసేవారు…

15 minutes ago