The state government has 370 acres in Gandipet near Chaitanya Bharati Institute of Technology and Huda has been allowed to auction about 100 acres.
The government got a favourable judgment in October 2007 after a prolonged legal battle in the AP High Court. Huda is very keen on the auctions since it has to raise Rs 5,210 crore in the current financial year. It will have to provide around Rs 2,500 crore to the government but will be able to use the rest of the money to complete ongoing projects including the Outer Ring Road.
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