‘Five acres’ and a familiar surname

KTR has accused the Congress government in Telangana of handing five acres of government land to Tesseract Advanced Systems Pvt Ltd — a company he links to Chief Minister A Revanth Reddy’s family — at a giveaway price. He put numbers to it: land “worth ₹200 crore” allegedly allotted for about ₹7 crore, to a firm that he said showed ₹1 lakh capital and zero employees in a March 31, 2025 filing. He also asked where the government order, valuation, eligibility criteria and job commitments were. These are KTR’s allegations; the documents he cites were not published in the report of his remarks. (Source: a Telugu daily’s report of KTR’s 11 Aug interaction.)

What is on the record without KTR: Tesseract Advanced Systems Private Limited exists, with an address in Patancheru, and presents itself as an engineering-led manufacturer in aerospace and defence. A public forum lists a “Kondal Reddy — Chairman — Tesseract Advanced Systems.” Those facts corroborate the company’s existence and a Kondal Reddy’s association, not a land deal, a price, or why anything was allotted.

The arithmetic in the quoted claim also needs the file: five acres is about 21,780 square yards. At ₹3,700 a square yard, that’s roughly ₹8 crore, not ₹200 crore. If there’s a different market rate behind the ₹200-crore line, the valuation document would show it. Until then, it’s a campaign charge, not a ledger entry.

The industry minister was earlier cited saying Kondal Reddy had no link to Tesseract; the public listing says otherwise and the Congress government now owes a straight answer. If the allotment exists, the BJP loves a probe when it suits them — they can ask for the GO and table it. If it doesn’t, the Congress chief minister can publish the record and close it. Silence is the choice that keeps this alive.