The “Hippy Island” is the unofficial name given to the island of Virupapur Gadde (or Gaddi). It gets its “Island” status as it is surrounded by the Tungabadra River on all sides. When you visit Hampi, this is the place to stay.
Hidden in the midst of the Vijayanagar Empire, Hippie Island is considered as another popular place for cliff jumpers. Take a jump into the Tungabhadra River only if you are experienced divers. There are no formal arrangements for cliff jumping here like in Rishikesh, but it is worth a try if you are not a first time diver.