{"id":13163,"date":"2024-01-25T15:27:41","date_gmt":"2024-01-25T09:57:41","guid":{"rendered":"https:\/\/blog.bigproperty.in\/?p=13163"},"modified":"2024-01-25T17:51:10","modified_gmt":"2024-01-25T12:21:10","slug":"unearthing-wealth-%e2%82%b9100-crore-in-assets-discovered-at-telangana-official-shiva-balakrishnas-premises","status":"publish","type":"post","link":"https:\/\/bigproperty.in\/blog\/unearthing-wealth-%e2%82%b9100-crore-in-assets-discovered-at-telangana-official-shiva-balakrishnas-premises\/","title":{"rendered":"Unearthing Wealth: \u20b9100 Crore in Assets Discovered at Telangana Official Shiva Balakrishna&#8217;s Premises"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bigproperty.in\/blog\/unearthing-wealth-%e2%82%b9100-crore-in-assets-discovered-at-telangana-official-shiva-balakrishnas-premises\/#Delving_into_the_Shiva_Balakrishna_Scandal_A_Closer_Look_at_the_High-Value_Discoveries\" >Delving into the Shiva Balakrishna Scandal: A Closer Look at the High-Value Discoveries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bigproperty.in\/blog\/unearthing-wealth-%e2%82%b9100-crore-in-assets-discovered-at-telangana-official-shiva-balakrishnas-premises\/#Latest_Blogs\" >Latest Blogs<\/a><\/li><\/ul><\/nav><\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Delving_into_the_Shiva_Balakrishna_Scandal_A_Closer_Look_at_the_High-Value_Discoveries\"><\/span><strong>Delving into the Shiva Balakrishna Scandal: A Closer Look at the High-Value Discoveries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a startling revelation, the Telangana anti-corruption bureau (ACB) uncovered a significant stash of \u20b940 lakh in cash along with assets valued at \u20b9100 crore during a raid on the premises linked to Shiva Balakrishna, the Secretary of Telangana State Real Estate Regulatory Authority (TSRERA). This senior official, previously holding the position of Director at the <strong><em>Hyderabad Metropolitan Development Authority (HMDA)<\/em><\/strong>, is now under intense scrutiny.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The Raid: Unveiling Hidden Treasures<\/strong><\/h3>\n\n\n\n<p>On Wednesday, 14 teams from the anti-corruption bureau initiated a thorough search across Shiva Balakrishna&#8217;s residence, offices, and other crucial locations. The operation, commencing at 5 am, brought to light an astonishing array of ill-gotten gains.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-text-color has-background\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=bigproperty.in&amp;pcampaignid=web_share&amp;pli=1\" style=\"border-radius:2px;background-color:#ba0c49;color:#fffffa\"><strong>Download App<\/strong><\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link has-text-color\" href=\"https:\/\/www.whatsapp.com\/channel\/0029VaAUFkA9sBIBN\" style=\"border-radius:2px;color:#ba0c49\"><strong>Follow WhatsApp Channel<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Shiva Balakrishna&#8217;s Affiliations and Background<\/strong><\/h3>\n\n\n\n<p>Shiva Balakrishna&#8217;s pivotal roles as the Secretary of TSRERA and the former Director of HMDA add a layer of complexity to this investigation, raising questions about potential corruption in high-ranking positions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The Bounty: What Was Recovered<\/strong><\/h3>\n\n\n\n<p>During the raid, the anti-corruption bureau uncovered a trail of benami properties, shedding light on the extent of the official&#8217;s clandestine dealings. Among the discovered items were two kilograms of gold, 60 wristwatches, 14 mobile phones, 10 laptops, and various property documents, painting a vivid picture of opulence and corruption.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Ongoing Investigation<\/strong><\/h3>\n\n\n\n<p>As the searches continue into the following day, the anti-corruption bureau is leaving no stone unturned in its quest for more evidence. The magnitude of the discoveries hints at a web of corruption that spans beyond Shiva Balakrishna&#8217;s immediate surroundings.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Parallel Incidents: A Glimpse into Corruption Across India<\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Dhiraj Sahu&#8217;s Brother&#8217;s Distillery Company in Odisha<\/strong><\/h4>\n\n\n\n<p>In December of the preceding year, the Income Tax department stumbled upon a colossal \u20b9300 crore in cash during a raid on the premises of a distillery company owned by Congress leader Dhiraj Sahu&#8217;s brother in Odisha&#8217;s Balangir.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Bengaluru Raids: R Ambikapathy&#8217;s Fortunes Unveiled<\/strong><\/h4>\n\n\n\n<p>In a separate incident in October, the Income Tax department executed raids in Bengaluru, recovering approximately \u20b942 crore from a flat associated with R Ambikapathy. Known as the then president of BBMP Contractors\u2019 Association and vice-president of Karnataka State Contractors\u2019 Association, Ambikapathy&#8217;s hidden wealth came to light through meticulous search operations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Conclusion: A Persistent Battle Against Corruption<\/strong><\/h3>\n\n\n\n<p>These recent revelations of substantial wealth hidden in the premises of high-ranking officials underscore the pervasive nature of corruption. The ongoing investigations serve as a testament to the authorities&#8217; commitment to rooting out malpractices and bringing those responsible to justice.<\/p>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#cdcdcd\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"has-text-align-center wp-block-heading\"><span class=\"ez-toc-section\" id=\"Latest_Blogs\"><\/span><strong><span class=\"has-inline-color has-vivid-red-color\">Latest Blogs<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#e5e5e5\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\"><ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><a 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sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/rental-agreement-rules-india-notice-period-deposit-2026\/\">Rental Agreement Rules 2026: Notice Period, Security Deposits &amp; Tenant Rights<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/tellapur-vs-kollur-real-estate-investment-comparison-2026\/\" aria-label=\"Tellapur vs. Kollur: Which is the Best Real Estate Investment in 2026?\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"tellapur vs kollur real estate\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-300x168.jpg 300w, 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aria-label=\"15 Low-Budget Middle Class Indian Bedroom Design Ideas (2026)\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"low budget middle class indian bedroom design\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-300x168.jpg 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-768x429.jpg 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-752x420.jpg 752w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-150x84.jpg 150w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-696x389.jpg 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" 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[&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":13171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[4774,4775,4776],"class_list":{"0":"post-13163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news-update","8":"tag-acb-raid-on-officials-premises","9":"tag-hyderabad-town-planning-official-assets","10":"tag-telangana-corruption-scandal"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>100 Crore Assets Unearthed at TSRERA Secretary Shiva Balakrishna<\/title>\n<meta name=\"description\" content=\"Dive into the shocking corruption revelation as Telangana&#039;s anti-corruption bureau uncovers \u20b9100 crore in assets during a raid on TSRERA Secretary Shiva Balakrishna\" \/>\n<meta name=\"robots\" content=\"index, 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