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Thu, Nov 15, 2018 | Last Updated 4:07 pm IST

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IKEA showroom is said to open on August 9

IKEA showroom is said to open on August 9
IKEA showroom is said to open on August 9
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Hyderabad sources stated that Congress MLA Revanth Reddy on Tuesday filed a Public Interest Litigation (PIL) countering the Telangana government's decision to allot 16.27 acres of land at Raidurg village in Serilingampally mandal of Ranga Reddy district, to Swedish furniture retailer Ikea India Private Limited. Meanwhile in the PIL, Revanth said that the State government was biased towards the multinational company in allotting such valuable land free of cost.



He said “The government allotted the land without inviting for tenders and, by allotting the land free of cost and the government has suffered a loss to the tune of Rs 500 crore”. Earlier on Tuesday, a bench headed by Justice B Radhakrishnan will hear the petition in the court and the Kodangal MLA pleaded that the government broke the law by allotting land in the nomination process and that the government could have allotted the furniture store at any other location.

IKEA showroom is said to open on August 9

Furthermore Revanth mentioned that according to government orders, land should be allotted only to IT companies. He said “The public exchequer was benefited by just Rs 33 crore from the land allotment”. Moreover the Congress leader requested the court to stall the business until the issue is duly investigated and hyped launch event of Hyderabad IKEA is likely to be postponed further.

IKEA showroom is said to open on August 9

IKEA showroom is said to open on August 9
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