This story is from February 28, 2019

I-T raids realtor, 'finds deals tied to Naidu kin'

I-T raids realtor, 'finds deals tied to Naidu kin'
HYDERABAD: The Income Tax department on Tuesday and Wednesday conducted searches on Sandhya Realtors Pvt Ltd and Sandhya Hospitality Pvt Ltd and claimed to have found crucial real estate and land sale transactions of Andhra Pradesh CM N Chandrababu Naidu's relatives.
TDP leaders said that BJP was using the central agencies against their party leaders because they have parted ways with the NDA ahead of the Lok Sabha election this year.
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They said the transactions were genuine.
Sources said I-T is questioning S Sreedhar of Sandhya Realtors regarding the transactions of Naidu's wife Nara Bhuvaneswari and daughter-in-law Nara Bhramnai. The realtors have allegedly shown advances towards real estate transactions but after the registration of sale, profits have not been shown in tax returns.
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About the Author
U Sudhakar Reddy

Sudhakar Reddy Udumula is the Editor (Investigation) at the Times of India, Hyderabad. Following the trail of migration and drought across the rustic landscape of Andhra Pradesh and Telangana, Sudhakar reported extensively on government apathy, divisive politics, systemic gender discrimination, agrarian crisis and the will to survive great odds. His curiosity for peeking behind the curtain triumphed over the criminal agenda of many scamsters in the highest political and corporate circles, making way for breaking stories such as Panama Papers Scam, Telgi Stamp Paper Scam, and many others. His versatility in reporting extended to red corridors of left-wing extremism where the lives of security forces and the locals in Maoist-affected areas were key points of investigation. His knack for detail provided crucial evidence of involvement from overseas in terrorist bombings in Hyderabad.

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