Jeevitha Rajasekhar owns an expensive property in Film Nagar, Hyderabad. This property has been given for development and they get rents out of it.
As per reports, Jeevitha has put 15,000 square feet of the property for sale. It is learned that her stake in the construction is worth up to Rs 200 crore.
Buzz is that Mega Powerstar Ram Charan's Upasana Konidela is evincing interest to buy it. The talks are currently on. The Phoenix Group, the planner of the construction, also wants to trade its stake.
However, the business cannot be done unless the tenants in that area vacate it. Seems like they have already made agreements with the owners. To resolve this issue, the developers are planning to shift the tenants into vacant homes in another building, which was constructed next to Jeevitha's property by the Phoenix group. More details are awaited.