Hyderabad, March 8 -- The Telangana High Court on Thursday, February 7, upheld the decision to cancel the allotment of 850 acres of land at Gachibowli and Mamidipalli to IMG Academies Bharata Pvt Ltd, ending a 21-year-old impasse.

The court dismissed a 2006 writ petition filed by IMG Bharata chairman Ahobila Rao challenging the cancellation of land allotment and the annulment of a 2003 MoU with the previous government for developing sports facilities in Hyderabad.

As a result of this judgment, the state government is expected to take possession of the land on an urgent basis.

After the Memorandum of Understanding (MoU) was signed between Rao's firm and the TDP government of united Andhra Pradesh in August 2003, a sale deed was executed...