CSK Realtors Denies Allegations of Lake Encroachment and Fraud

Hyderabad: Suresh Kumar Agarwal of CSK Realtors Limited in a statement on Friday denied allegations of filling up Rukn-Ud-Dowla lake at Sahstripuram, starting a venture with a third party and duping purchasers.

Legal counsel of CSK Realtors issued a public notice in which they said CSK Realtors/Suresh Kumar Agarwal only entered into agreement with the original pattedars for the purchase of 10 acres. Thereafter, along with the pattedars, the land was sold in parts to purchasers. The said land was not at all affected by the full tank level of the lake and it was not government land, he said. The company did not make any false claims with purchasers and was standing by the purchasers, legal counsel said.

DC Correspondent replies:

We stand by our report. The land, though possessing valid patta, cannot be used for non-agriculture purpose because of the FTL restrictions. The purchasers claimed that they were shown a layout (unauthorised) before the sale transaction and were assured that structures can be raised. The newly set up HYDRAA carried out demolition of illegal structures that came up on the land parcel.