Hyderabad: Income Tax (IT) officials are conducting multiple raids at over 30 locations in and around Hyderabad. The searches are happening in areas such as Kollur and Rayadurg. Major real estate companies like Googi Properties and Developers, as well as Anvitha Builders, are being investigated.
The raids are also extending to other districts, including Hyderabad, Ranga Reddy, Medak, and Sangareddy. IT officials are inspecting the homes of well-known individuals such as Bopparaju Srinivas and Achyuta Rao.
The purpose of these searches is to find any hidden assets and financial irregularities. This is part of a larger investigation into real estate activities in the region.
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