Exclusive: Inside Jagan Mohan Reddy's Rs 500 crore Rushikonda 'Sheeshmahal'

9 months ago

India Today has exclusively accessed visuals of former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy's Rs 500 crore Rushikonda 'Sheeshmahal'.

Transcript

00:00The new Sheesh Mahal controversy erupted and this is with regard to form of the CM Jaganmohan

00:15Reddy.

00:16India today brings you this exclusive about the Rishikunda Palace.

00:20It's literally called a palace because of clearly the kind of palatial splurge that

00:24we have seen.

00:25This is supposed to be a tourism resort in Vizag, was also to be Jaganmohan Reddy's office

00:30cum residence, but it's been unused because it got embroiled in alleged environment violation

00:35issue.

00:36Built at a cost of approximately 500 crore rupees, this resort cum palace is spread over

00:4210 acres, 7 blocks, fully equipped with even inbuilt roads that land up and reach towards

00:48this resort.

00:49There's a full on drainage system, a power substation also.

00:53Italian marbling, gold accents in bathrooms, spas and jacuzzis.

00:59Now this remember is not just conjecture, India today was on the ground, managed to

01:03go inside where nobody else is allowed and found out imported furniture are some of the

01:08key highlights.

01:09Why this has turned into a controversy?

01:12Interiors worth over 30 crore rupees, landscaping in itself outside this palace and resort,

01:1850 crore rupees spent on landscaping.

01:21The bathtubs reportedly cost 40 lakh rupees, even the commode I must add in the washroom

01:26is about 10 to 12 lakh rupees.

01:29Then there are chandeliers and more, all of that running into lakhs.

01:33The concern happened that this is allegedly built in violation of coastal regulation zone

01:37clearances, environment norms and half of the hill has been excavated for this resort

01:44area.

01:45What you can see behind me is the Rishikonda Palace and the question that remains to be

01:54answered is what happens to the Rishikonda Palace after its construction for almost over

02:01three years back sprawled across 9.8 acres and the construction alone worth over rupees

02:10500 crores.

02:11The TDP led India government after it had come to power in the recent victory in 2024.

02:18The question remains as to what happens to this palatial structure that had been built

02:24atop Rishikonda Hills here in Visakhapatnam by the Bay of Bengal and the seat.

02:31What the more important question that raises is that each of these buildings that have

02:36been standing remain idle, but the interiors and the exteriors likewise have been completely

02:44remodeled, refurbished and intricately designed to the likes of the YSRCP chief and former

02:53Andhra Pradesh Chief Minister YS Jaganmohan Reddy and his family as this was TDP allergies

03:01supposed to be the office come residents of Jaganmohan Reddy.

03:06Had he shifted to Vizag post his victory in 2024, the TDP led India government now has

03:13a mammoth task ahead as to see what happens to this palatial structure.

03:19Is it going to be just remaining idle or is the public's funds beat over rupees 500 crores

03:29that had been spent on this building?

03:31What goes off that money?

03:34All amenities spread across in worth over rupees 500 crores.

03:40This is going to be a huge toll for how the TDP led India government will go ahead and

03:48take forth a decision on this place.

03:51A over 500 crore worth of residential come office property at the sea facing view that

04:00you can see of the Rishikonda Hill.

04:02What is going to be the decision that will be taken?

04:06That's a question for Mr. Naidu, Italian, 10 acres of land that had been set for this

04:16Rishikonda Palace, which included imported granite, 210 acres costing rupees 15 lakhs

04:24each, cozy interiors designed at a cost of rupees 33 crores, imported furniture, spacious

04:31washrooms with commodes each costing rupees 15 lakhs, landscaping with exotic imported

04:38plants, an advanced sound system, a homogenous home occasion screen among several of the

04:46features.

04:47The design which has been spread across these four major blocks, see lavish chandeliers,

04:56conference rooms and several amenities that have been set up right from the corner of

05:02the CMO office.

05:03Basically, it is not a private property, it is a tourism property.

05:10That construction is all used by government purpose only, not for personal use.

05:15They are making all false allegations.

05:19But sir, the public funds has been used now, allegations of environmental violations are

05:25also there.

05:26But they are using lakhs of crores in Amaravati right.

05:31For Vizag, only beautiful tourism spots are there.

05:37So on the tourism land, the government constructed new buildings.

05:43They are making serious allegations that more than 500 crores rupees in around 10 acres

05:49land, a palace has been constructed for Jaganmohan Reddy, what do you have to say on that?

05:54No, that is not a private property, that is a public property.

06:01Buildings are only for public use only, not for private persons.

06:04Not for personal use of Jaganmohan Reddy?

06:06Yes, yes, yes.

06:07For improving governance, improving anything, it is all public money.

06:11It is not a Zamindar using his property.

06:15It is in a democracy and the people, the money belongs to the people.

06:19I was in Andhra Pradesh government, I worked with prime ministers, but they all wanted

06:25expenditures to be low.

06:27They all realized public money cannot be wasted.

06:31But unfortunately here, public money was plunged.

06:36And that kind of Italian marble waste of money is a crime against the people of Andhra Pradesh.

06:41We think probably Vishakhapatnam will be the biggest data center hub, obviously towards

06:47the east of the country.

06:49We need to give that confidence to all the investors who are coming down.

06:53Hopefully the foundations laid by the YSR Congress party government and the leadership

06:57of YSR Jaganmohan Reddy garu, hope this government takes it forward and hope the central government

07:02also will be a positive vibe to this issue.

Exclusive: Inside Jagan Mohan Reddy's Rs 500 crore Rushikonda 'Sheeshmahal'

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