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AP Government mortgages 480 Acre land in Amaravati: The Andhra Pradesh has no clarity about the state s capital. After the previous government finalized Amaravati as the capital of the state, the YSRCP government introduced three capital rule for the development of the state. ....
Updated Jan 20, 2021 | 10:55 IST The Andhra Pradesh Crime Investigation Department (AP CID) had filed a case that insider trading took place in land dealings in Amaravati. Representational image of Andhra Pradesh HC Amaravati (Andhra Pradesh): The Andhra Pradesh High Court on Tuesday quashed an FIR registered by the state Crime Investigation Department (CID) alleging insider trading in land dealings in Amaravati Capital Region. A bench of Justice Cheekati Manvendranath Roy on Tuesday, while quashing the FIR, observed that right to acquire property was a constitutional and legal right and since the lands were purchased from the sellers who willingly and voluntarily sold them to the petitioners, the said private sale transactions cannot be criminalized. ....