The Raju family’s hunger for land even outside Hyderabad has now started surfacing. They bought 1,500 acres in Nalgonda district alone. Investigations now reveal that Maytas Hill County Developers (MHCD) bought the land at Rachakonda near Malkapuram village in Nalgonda district, which is located 40 kms from Hyderabad.
This new revelation comes as a surprise. Initially, it was believed that the Maytas groups and Satyam former chairman Ramalinga Raju purchased land mainly in the neighbouring Ranga Reddy district, his native West Godavari district and Visakhapatnam district.
There have been reports that high profile land broker Akula Rajaiah bought hundreds of acres land through general power of attorney (GPA) in Rachakonda area from gullible tribals and sold it to Ramalinga Raju and his family members.
The MHCD represented by its director D V S Subba Raju, also made land transactions in the same area in February and March last year, investigations by the stamps and registration departments have revealed. A total of 11 transactions involving purchase of 1500 acres from farmers by Maytas were recorded in the Choutuppal sub registrar office.
According to officials of the registration and stamps department, through one transaction, the firm bought 784 acres in Malkapuram village for a total government value of Rs 98 lakh. Similarly in February 2008, the firm purchased 491 acres for Rs 14.34 crore in survey no. 167 of the same village limits. In other transactions, MHCD bought 187 acres for Rs 2.33 crore in survey no. 248 and 108 acres for Rs 1.8 crore. There were transactions for 87 acres, 46 acres, 52 acres and 17 acres in the village.
Interestingly, Maytas has two transactions pertaining to land development in Pulivendula of Kadapa district as well. The Pulivendula assembly constituency is being represented by chief minister Y S Rajasekhara Reddy.
In one transaction, Maytas made a lease deed for development of six acres land. The lease agreement was made between Tera Ramachandra Reddy and Maytas NCC Joint venture. In the same village another agreement was made by the same parties for another piece of land.
In Banjara Hills, Maytas Housing Pvt Ltd entered into an agreement for developing one lakh square feet built-up area on Road No 2.
The registration and stamps department found several land dealings in the name of the Byrraju Satyanarayana Raju Charitable Trust. The transactions were found in Bhatna village in West Godavari district, Vedireshwaram near Ravulapalem, Chinakondepudi of Seethanagaram mandal of Guntur district and Rushikonda area of Visakhapatnam city.
Officials said Ramalinga Raju’s relatives live in the areas where the land has been purchased in the name of charitable trust.
Ramalinga Raju’s wife Nandini Raju and mother Appala Narsamma made 260 transactions in Jeedimetla village of Medchal for selling flats in Sundaram apartment and Rama Raju Nagar.
Nandini Raju made transactions of Satyam Enclave in Pet Basheerabad of Ranga Reddy district. One M Nagaraju represented Nandini Raju for all these transactions.
Is Suryanarayana Raju holed up in Chennai?
Has B Suryanarayana Raju, the absconding sibling of Ramalinga Raju, fled to Chennai? Reliable sources indicate that Suryanarayana, who investigating agencies have been looking for since last week, is presently holed up in a guest house in the Tamil Nadu capital. The sources said that this information was passed on to the CID at the same time as it was to this newspaper on Monday evening.
Those close to the family said that Suryanarayana's disappearance was sudden. "He went by road as he feared he would be arrested if he took a flight apprehending police presence at the airport,'' said a source close to the family.
Suryanarayana Raju is the little known second brother of Ramalinga Raju, but is now being found to have been the pointsman for major land dealings. This is precisely why investigating agencies are looking for him. CID officials say that Suryanarayana can come in handy to determine the origin of the Satyam fraud and may even be able to give clues to the money missing from Satyam's balance sheets. SRSR Holding's general manager D V Gopala Krishnam Raju who was questioned last week by cops has reportedly confessed that it was Suryanarayana Raju who had instructed him to shift and conceal all the land documents. This is why the CID has all the more reason to chase him down. Suryanarayana was a director of this company, whose office was raided .
The CID had started looking for Suryanarayana last week, when it also raided his offices and residence. However, the younger sibling of Ramalinga Raju was "not accessible'' to them. Sources close to the family could not ascertain when exactly Suryanarayana would have fled from Hyderabad.
Nevertheless, it was also learnt that the guest house where Suryanarayana is being put up belongs to a relative of the Raju family. Sources close to the family guessed that Suryanarayana would have gone in a friend's car since all his vehicles remain parked at his residence in Satyam Enclave on the Medchal highway. Some family members were even looking for the driver who drove Suryanarayana to Chennai.
While the other two Raju brothers have held centre stage all these years, Suryanarayana Raju's role is said to have been limited to handling land dealings and liaising with politicians to get deals done. The third Raju did not study as much as his brothers who flaunt degrees from international universities.
Meanwhile, father-in-law of Rama Raju (senior) D S Raju who lives in Sundaram block has also moved out of the building after the marathon raids conducted by the CID there. Residents of Ramaraja Nagar said that his house was locked and he was not to be seen for the last two days.
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