Nagarjuna Puts It For Sale With Sumanth

The recent news of Andhra Bank and Indian Bank jointly seizing the property of Annapurna 7 Acres was a shocker for many. Before we digest this news, here comes yet other jolt if the rumor of Anr Centre owned by Sumanth and Nagarjuna has been put for sale. Akkineni Nageswara Rao shared a close bond with grandson Sumanth and so, he offered a share in Banjara Hills’ property of Anr Centre. After the demise of Nageswara Rao, there is bad news coming up one by one.

Currently, Anr Centre is the landmark building in Banjara Hills main road area populated with a bank, famous pub, restaurant and few more shops. This is commercially a high valued bit which could be sold for Crores. Why are Nagarjuna and Sumanth selling it? What is the deep rooted problem bothering Akkineni family financial condition? A mystery for outsiders.