Archive · 25 Dec 2025
Andhra Pradesh Considers Leasing Rushikonda Buildings
The Andhra Pradesh government is thinking about renting out some old buildings near the beach in Visakhapatnam to a hotel company.
This is because the buildings are not being used well and cost a lot to maintain.
The government wants to make money from these buildings while also keeping some areas for the public to enjoy.
They have talked to big hotel companies like Taj and Leela Palace who are interested.
The government will follow rules to protect the beach and will decide soon on what to do with these buildings.
Andhra Pradesh government considers leasing Rushikonda buildings to a hospitality operator.
Leading hospitality players, including Taj and Leela Palace, have shown interest.
Government aims to generate revenue while retaining public access to some areas.
Current structures may require additional construction to be commercially viable.
Final decision to be made after a Group of Ministers meeting on December 28.
- Who
- Andhra Pradesh government, Finance Minister Payyavula Keshav, Tourism Minister Kandula Durgesh
- What
- Consideration to lease Rushikonda buildings to a hospitality operator
- When
- Next meeting on December 28
- Where
- Rushikonda, Visakhapatnam, Andhra Pradesh
- Why
- To monetise high-value beachfront assets and reduce fiscal burden
- Location
- Rushikonda, Visakhapatnam, Andhra Pradesh
- Proposed Use
- Hospitality and public facilities
- Interested Operators
- Taj, Leela Palace, Atmos Core, FEMA
- Land Available for Construction
- 2 acres out of 9
- Current Maintenance Cost
- Rs 25 lakh per month
- Previous Revenue from Resorts
- Rs 7 crore annually
- Next Meeting
- December 28 (Group of Ministers)