{
  "id": 10113378,
  "title": "No bidders for Rushikonda palace project",
  "url": "https://urgent.news/2026/09/27/no-bidders-for-rushikonda-palace-project",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-27T02:16:00.000Z",
  "source": {
    "name": "Hindustan Times",
    "slug": "hindustan-times",
    "url": "https://www.hindustantimes.com/india-news/no-bidders-for-rushikonda-palace-project-101790450754580.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Andhra Pradesh government's proposal to convert the Rushikonda palace, a beach-front complex in Visakhapatnam, into an international-standard hospitality destination has not attracted any private bidders. State tourism minister Kandula Durgesh attributed this to the large room sizes not being suitable for standard hotel operations. The complex, built as a residence-cum-camp office for former chief minister Y S Jagan Mohan Reddy, has been vacant for two years and has been costing the state exchequer ₹7 crore annually for maintenance. Despite the lack of immediate interest, the government remains optimistic about the project's future, stating that they will find a way to utilize the complex for hospitality purposes or boost tourism. The Andhra Pradesh Tourism Development Corporation had invited expressions of interest from various stakeholders for the operation, maintenance, and commercial utilization of the Rushikonda building complex.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}