Tourism Minister Kandula Durgesh and Bheemunipatnam MLA Ganta Srinivasa Rao laid the foundation stone for a five-star Hyatt hotel near Sagar Nagar on the Yendada stretch in Visakhapatnam on Saturday, March 21, 2026. The hotel will be built on three acres with an investment of around ₹250 crore and is expected to be completed within two years.
On Saturday, March 21, 2026, Tourism Minister Kandula Durgesh and Bheemunipatnam MLA Ganta Srinivasa Rao laid the foundation stone for a five-star Hyatt hotel near Sagar Nagar on the Yendada stretch in Visakhapatnam. The hotel will be constructed on three acres of land with an investment of around ₹250 crore. The project is expected to be completed within two years. This development is set to boost tourism and create jobs in the region, according to reports.
