Hyderabad: Just months after it was commissioned, Chief Minister K Chandrasekhar Rao aka KCR moved into his palatial new home early this morning after a traditional house-warming ritual.
The complex covers nine acres area in Begumpet in the heart of Hyderabad and has a theatre that can accommodate 250 people and double up as an auditorium, homes for some senior government officials, a massive conference hall, and a mini-secretariat which will include some government offices and windows fitted with bullet-proof glass.
It has been built by the Shapoorji Pallonji, the real estate major that’s owned by the family of Cyrus Mistry, currently locked in an epic feud with Ratan Tata.
The house was originally meant to cost 35 crores, but the final bill reportedly stands close to 50 crores. So far, KCR, 62, has been living right behind the new building, in a much smaller home. Every aspect of the palatial new house has been determined by experts in Vaastu or feng shui. He decided to build the new complex because the existing headquarters for the government and his home were reportedly poor on Vaastu.