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Nagarjuna Akkineni-owned N-Convention centre in Madhapur was razed on Saturday morning by the HYDRA. The actor wrote on X that he’s ‘pained’ by the move.
Actor Nagarjuna convention centre – N-Convention – was razed by the Hyderabad Disaster Response and Assets Monitoring and Protection Agency (HYDRA) on Saturday morning, August 24. The actor called the knowing down ‘illegal’ in a statement on X (formerly Twitter) and processed towards as of High Court, which ordered a stay on it.
Nagarjuna has filed a petition in the High Court to prevent the demolition of N-Convention in Hyderabad.
He approaches court
In the opinion of the Nagarjuna’s team, the Telangana High Court has ordered a stay on the demolition of N-Convention. A statement released by his team reads, “High Court ordered by a stay on demolition of formation to owned by Nagarjuna, N-Convention. The actor approached the court for the stay order and was granted it. Justice T Vinod Kumar conducted the inquiry. High Court has issued an interim order to stop demolitions.”
Following the circulation of news about the demolition, the actor took to X to express his distress. He stated, “I am deeply troubled by the unlawful demolition of N Convention, which is happening despite existing court orders and ongoing legal disputes.” He added that he felt compelled to make this statement to safeguard his reputation and clarify that he has not breached any laws.
He also added that the agreement centre is on ‘patta land’ with none of it encroached on the tank near it. He further noted, “Regarding the building erected on private property, there is an existing stay order that prevents any prior illegal demolition notices. Today’s demolition clearly occurred based on incorrect information.
Nagarjuna also claimed that ‘no notice was issued’ earlier to the demolition. “As a well behaved citizen, if the Court before which the matter is pending, had decided against me, I would have carried out to the demolition of myself,” he wrote.
What happened
N-Convention is handled by N3 Enterprises and is jointly owned by akkineni and Nalla Preetham. On the report of to The Hindu, HYDRA razed most of the structure by 11 a.m. on Saturday. The power cited the structure’s location within the Full Tank Level of the Tummidikunta lake as the reason.
scheduled to that there has been recent flooding in 100-feet road, Ayyappa Colony and other areas, As maintained to authorities. The N-Convention centre had a main hall of 27,000 sq ft that could provide shelter for 3000 people and a 26,000 sq ft open-air venue called Banyan.
Overall about N-Convention of Nagarjuna
When established N- Convenhall?
Established in the year2010, N Convention in Khanamet-Madhapur, Hyderabad is a top player in the category Banquet Halls in the Hyderabad.
N Convention is a newly launched convention of destination in Hyderabad, offering as a range of venue options and state-of-the-art infrastructure. It categorizes safety and security, provides inconvenience-free parking, and serves the best of world cooking.
N Convention is a convention center in Hyderabad, India that offers banquet halls, conference halls, and other spaces for events. Some say it’s a good place for events, functions, and exhibitions, and others mention its great location, ambience, and valet service.
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N Convention has several venues, including:
Main Hall: A 27,000 sq ft big hall that can accommodate up to 3,000 people
The Garden: A 37,000 sq ft open-air venue with access to the main hall
Diamond Hall: A 5,000 sq ft small hall that can accommodate up to 500 people
Banyan: A 26,000 sq ft open-air venue
Annex Hall: A 7,000 sq ft space that provides access to the Diamond Hall and Banyan
N Convention is located in Khanamet-Madhapur, near Shilparamam, and is easily accessible by public transportation. It also has a wheelchair accessible entrance, parking lot, and in-car parking.
Ownerships, Endorsements, and Earnings
Since 2013, Nagarjuna has been actively involved in various ventures beyond his acting career. He is a co-owner of the Mumbai Masters in the Indian Badminton League, a position he shares with cricket legend Sunil Gavaskar. Additionally, he holds co-ownership in the Mahi Racing Team India, alongside Indian cricketer MS Dhoni.
Nagarjuna also lends his celebrity status to Kalyan Jewellers, endorsing their products in the regions of Telangana and Andhra Pradesh. His influence and popularity are reflected in his impressive rankings on Forbes India’s list of top celebrities, where he was positioned at No. 36 in 2012 and No. 43 in 2013.
Further expanding his business portfolio, Nagarjuna is a co-owner of the Kerala Blasters FC, a prominent team in the Indian Super League.
N3 Realty Enterprises
Nagarjuna is a founding partner of N3 Realty Enterprises, which manages several ventures, including the N-Convention Center. The company previously operated two other establishments, N-Grill and District N, although these are no longer in operation. In 2014, the Greater Hyderabad Municipal Corporation discovered that the N-Convention Center had encroached upon litigated land. This led to a legal review and subsequent administrative measures to rectify the land encroachment issues.