Telangana Government had stopped its efforts to reclaim unused lands from the Reliance ADAG, Emaar-MGF and the Jubilee Hills Landmark projects which were allotted in the United State. These projects were stuck without taking off even though the government allotted the lands.
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The state government has now asked the officials not to act against these projects till further orders as the Chief Minister wanted to avoid ‘unnecessary controversies’ and confrontations with the corporates which will not help the state.
Reclaiming those lands will send wrong signals to the prominent banks, infrastructure companies, and investors, at a time when the TS government was planning to hold its first global investors meet sometime between October and December this year.
