{
  "id": 939611,
  "title": "Atmosphere Core, AVNG Developers sign pact for luxury eco-resort",
  "url": "https://urgent.news/2026/08/15/atmosphere-core-avng-developers-sign-pact-for-luxury-eco-resort",
  "topic": "world",
  "section": "World",
  "published": "2026-08-15T03:05:58.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/andhra-pradesh/atmosphere-core-avng-developers-sign-pact-for-luxury-eco-resort/article71346611.ece"
  },
  "original_language": "en",
  "account": "On Friday, the hospitality company Atmosphere Core signed a deal with Indian developer AVNG Developers LLP to construct and manage a five-star eco-resort called Atmosphere Hillora Eco Resort Visakhapatnam. The ₹180-crore project, located in the Eastern Ghats overlooking Visakhapatnam, is set to open in phases starting in the first quarter of 2029.\n\nState Minister for Micro, Small and Medium Enterprises and NRI Empowerment Kondapalli Srinivas hailed the investment as a \"proud moment\" for the state, attributing it to Visakhapatnam's tourism policy. He added that the resort would be ideal for high-end weddings and corporate events. Palla Srinivasa Rao, MLA and Telugu Desam Party State president, expressed confidence that the resort could become the \"number one resort\" in the region, while Visakhapatnam South MLA Vamsi Krishna Srinivas thanked the developers for creating jobs in the area.\n\nThe resort, part of Atmosphere Hotels & Resorts, will be situated amidst nature and lakes near S. Kota, approximately an hour from the forthcoming Bhogapuram International Airport. A.V.N Govinda Rao, chairman of AVNG Developers LLP, said the partnership would enhance Southern India's premium tourism sector, while Souvagya Mohapatra, managing director of Atmosphere Core, stated that the resort would cater to weddings, meetings, and leisure travelers.",
  "summary": "Minister for Micro, Small and Medium Enterprises and NRI Empowerment, Kondapalli Srinivas, described the ₹180-crore investment by a home-grown developer as ‘definitely a proud moment for us’",
  "key_points": [
    "Atmosphere Core partners with AVNG Developers for ₹180-crore eco-resort.",
    "Five-star resort to open in phases starting Q1 2029 in Eastern Ghats.",
    "Designed for high-end events, nature retreat, and job creation."
  ],
  "editors_take": "The deal cements Atmosphere Core's presence in Southern India's premium tourism sector, set to create jobs and offer high-end hospitality options in Visakhapatnam, boosting the region's appeal for luxury events and travel.",
  "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."
}