The Cabinet sub-committee, which has been constituted to explore options to utilise the ‘Rushikonda palace’ built by the previous YSRCP government, has hinted at transforming the huge structure into a hotel.
According to the committee members, several hotel chains like IHCL and The Leela are showing interest in redeveloping it into a luxury hotel.
As a huge amount is being spent on its maintenance, the government is likely to make a decision keeping in view revenue generation and the public benefit.
The subcommittee will meet on 28 December to take the final decision on the controversial building.
Spending a huge amount, the previous government built the luxurious building using imported marble and high-quality furniture. It raked up a row leading to a war of words between the ruling and opposition parties.
Also read: Visakhapatnam Fraud Cases: Former SBI officials convicted among others
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This article is written by Senior Journalist Lakkoju Nagesh Babu
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