Inside Jagan Reddy’s Lavish Yet Abandoned Palace Worth ₹500 Cr!
Автор: Business Today
Загружено: 2025-03-12
Просмотров: 46352
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Explore the opulence and controversy surrounding the Rushikonda Palace. Originally intended as a dual-purpose office and residence for Jagan Mohan Reddy in Vizag, this sprawling tourism resort now sits unused amidst allegations of environmental violations. Costing nearly 500 crore rupees to construct across 10 acres, it features seven blocks, in-built infrastructure like roads and drainage, and even a dedicated power sub-station. Adorned with Italian marble, gold accents in bathrooms, spas, jacuzzis, and imported furniture, the interiors alone are valued at over 33 crore rupees. Landscaping alone cost 50 crore rupees, while luxurious details like 40 lakh rupee bathtubs and 10-12 lakh rupee commodes underscore its extravagance. Yet, controversy looms as the palace faces accusations of breaching Coastal Regulation Zone norms, with significant excavation impacting Rushikonda's scenic beach-front hill.
#BusinessToday #JaganMohanReddy #RishikondaPalace #AndhraPoltics #PublicFunds #Visakhapatnam #AndhraPradesh #BayOfBengal #RishikondaHills
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