Amaravati: Andhra Pradesh chief minister Chandrababu Naidu's house in Jubilee Hills, Hyderabad, complete with designing, construction, doing up the plush interiors--all this work was entrusted to a Hyderabad-based firm, Genesis Planners. How did it all happen? Why did a firm working for CRDA end up doing this job related to the TDP supremo's house in Hyderabad? Here's the story....

....

  • The AP trumpeted that it had negotiated with Forster from Rs. 67.86 crores to Rs. 60.72 crores as fees to prepare the designs. This was later hiked to Rs. 112.58 crores and finally to Rs. 250 crores.
  • An advance of Rs. 210 crores was hastily paid and the CRDA Audit report reveals why this was done.
  • Rs. 130 crores was diverted through Genesis to work related to the AP chief minister's house, according to official sources.

....

  • Officials on the condition of anonymity say that from the Rs 210 Crore, Rs 40 Crore was given to Hafeez Contractors and Rs 90 Crores to Genesis Planners.
  • However, the Rs 130 Crores were diverted to Hyderabad through Genesis planners for the construction of his house.

The head of Genesis planners is reportedly close to Chandrababu and together with Hafeez Contractor the funds were used to build the Bungalow in Hyderabad.