Revanth Reddy accuses KCR family of amassing ₹1 lakh crore assets
Synopsis
Key Takeaways
Telangana Chief Minister A. Revanth Reddy on Wednesday, 30 September 2026, launched a sharp attack on former Chief Minister and Bharat Rashtra Samithi (BRS) President K. Chandrasekhar Rao (KCR) and his family, alleging they amassed massive wealth — reportedly worth thousands of crores — while occupying key positions of power in the state.
What Revanth Reddy Alleged
Addressing a public meeting in the Sircilla constituency — a BRS stronghold represented by BRS Working President K. T. Rama Rao (KTR) — Revanth Reddy claimed that KCR and his family 'cashed in on the Telangana movement' to build farmhouses on hundreds of acres and lead what he described as 'a lavish life.' The Chief Minister alleged that KTR won the Sircilla seat by a margin of just 172 votes in the 2009 elections and went on to accumulate assets allegedly worth ₹1 lakh crore.
Revanth Reddy's visit to Sircilla — his first as Chief Minister — was accompanied by a roadshow and described by observers as a significant show of strength by the ruling Indian National Congress (Congress) in BRS territory.
Key Allegations on Properties and Business Interests
The Chief Minister demanded that KTR release a white paper on properties owned by him and his family members, including KCR, Harish Rao, and Santosh Kumar. He named specific farmhouses: KTR's in Janwada, Kavitha's in Shankarpally, Harish Rao's in Moinabad, and KCR's in Erravalli.
Revanth Reddy also alleged that KTR owned commercial properties including Deccan Serai, 'At Home' service apartments, and hotels with nearly 400 rooms in the vicinity of Hitech City in Hyderabad. He added that he would also disclose properties allegedly owned by KTR in America and Singapore.
Attack on KCR's Governance Record
The Chief Minister questioned whether the KCR family had delivered any meaningful benefit to the people of Sircilla during the 10 years of BRS rule. 'From 2009 to 2026, people of Sircilla have elected KTR six times, but why have the suicides of weavers and workers in this region not stopped? Why has the migration of workers to the Gulf in search of a livelihood not stopped?' he asked the gathering.
Revanth Reddy also accused KCR of skipping Assembly sessions and alleged that KCR was 'not ready to address the Dalit Speaker as Sir.' He claimed KCR's arrogance was on display when his farmhouse was reportedly cleaned with turmeric water after Dalits staged a dharna there.
Political Stakes and Congress's 2034 Ambition
Revanth Reddy appealed to voters to 'wipe out BRS from Sircilla,' promising that a Congress candidate winning from the constituency in the next elections would be made a minister. He also pledged to personally take responsibility for bringing change to the region's residents.
'BRS, KCR, and KTR will be the past in state politics and the Congress will remain in power till 2034,' he declared. The BRS is yet to formally respond to the specific allegations made at the Sircilla rally.