BJP Demands 10x Compensation for Karkhana Property Owners on Rajiv Rahadari

State BJP president N. Ramchander Rao on Wednesday urged Chief Minister A. Revanth Reddy to pay compensation at 10 times the actual property value to owners facing the loss of their homes and commercial establishments in Karkhana for the proposed elevated corridor on Rajiv Rahadari.

In a written letter to Chief Minister A. Revanth Reddy, Rao sought a property-wise reassessment based on prevailing market values in the area. He stated that the revised compensation package should be finalised in consultation with affected residents and paid out before their properties are officially taken over by the authorities.

Rao noted that residents and business owners in Karkhana had been cooperating with authorities on the infrastructure project. However, he argued that the compensation package offered should adequately reflect the actual value of the properties being acquired, along with the resulting loss of homes, commercial establishments, and livelihoods.

Referring to compensation previously paid for properties acquired in Tumkunta, Rao claimed that those payments were calculated at 10 times the actual property value. He requested that the exact same basis be extended to the affected property owners in Karkhana.

The state BJP president said taking this approach would ensure fairness and justice for the affected owners while facilitating the timely implementation of the elevated corridor. He urged Chief Minister Revanth Reddy to intervene and revise the compensation package before the government takes possession of the properties.