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Farmer reaps IT harvest
Hyderabad, Oct. 29: As he sits on a wooden cot under a tamarind tree in front his two-room house, surrounded by his flock of buffaloes and cows, Koti Reddys placid life disguises the dilemma posed by a windfall.
The 62-year-old, who has Microsoft, Polaris, Kanbay, Infosys, Wipro and the Indian School of Business (ISB) as his neighbours, has been offered Rs 114 crore for his 5.3 acres in the heart of Cyberabad, the new-economy hub on the citys north- western fringe.
I have never seen money beyond one lakh in my life and this windfall is just unbelievable. I plan to donate one or two crores to the Balaji temple, says the farmer from Nanakramguda, in the middle of Cyberabad.
Posted by: john 2006-10-30 |
http://www.rantburg.com/poparticle.php?ID=170224 |
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