Nagarjuna in Congress Ads to save his real estate
On the day of Yuva Garjana organized by TDP at Guntur, all Telugu TV news channels reported the proceedings live. The surprise element was that the live telecast of Telugu Desam Garjana was interspersed by Congress Ads. Further surprise was that actor Nagarjuna appeared in those Ads promoting the schemes of Dr YS Rajasekhara Reddy.
Interestingly, Nagarjuna and Chiranjeevi are business partners in real estate. They both have invested in MAA TV also. It is widely expected that Nagarjuna would sail with Chiranjeevi’s Praja Rajyam Party.
According to unconfirmed reports, Nagarjuna was persuaded by Congress leadership to act in that party’s Ads, after he approached the state government to get permission for construction of commercial complexes in Annapurna Studios.
Nagarjuna also owns lands near Hi-Tech City purchased from Gurukul Trust which have to be regularized by ULCC. According to reports, Dharmavarapu Subramanyam has negotiated the deal.