According to highly reliable sources, YS Jagan Mohan Reddy is all set to wind up YSR Congress party central office, located in Jubilee Hills. This move gains political significance amid reports that beleaguered YSRC chief’s bail term is coming to an end by this month. The party office would be shifted to Lotus Pond, Jagan’s residence, in Banjara Hills. The new party office would start its functioning from August and the new office would act as Central Office for both States of Telangana and Andhra Pradesh, say party authorities.

Although YSRCP top brass maintains that it is a “cost-cutting” measure as the expenditure of the present party office is costing about “Rs 10 Lakh” per month, rumour mill is abuzz that if Jagan’s bail is not extended, his mother-honourary president YS Vijayamma would take charge as the president and for her to run the party, it would be convenient if the party office is shifted to Lotus Pond which is high-security area with 24X7 surveillance.

Also another factor doing rounds in political circles is ‘Vasthu’ (Astrology). Buzz is that Jagan & Co are of the feeling that the present office is jinxed and misfortune that led to his recent poll debacle. Let’s see how far the new office would overturn Jagan’s fortune.