Many of us already know that Akkineni Nagarjuna, Manmadhudu of Tollywood is into several business ventures. Other than acting, he owns a couple of hotels, funcrtion halls and a television channel too.People in Hyderabad are quite familiar with his N-Convention centre, where a star function hall is built and being hired for high profile functions of popular political and cine celebs.
Nagarjuna’s N-Convention Centre is built in a staggering 10 acres of land that is valued almost 400 crores at current market rate. It is heard that GHMC officials have got orders from Telangana CM K Chandrasekhar Rao to demolish all illegal constructions in Madhapur’s Ayyappa Society under which this function-hall too falls. Already GHMC officials started demolish illegal constructions and everyone is tight lipped about what might happen to Nag’s posh place.
Earlier both TDP and Congress men accused that Nagarjuna has encroached land belonging to a lake to construct that Convention Centre. Surely this place is under threat, but we can never predict how political tie-ups will finally help celebs.
Nagarjuna is capable of managing the Govt. officials with his sound influence in political circles. But will Nag do that? Or he looses his N-Convention centre. Let us wait and see.