In reply to e.ms355:
https://www.deccanherald.com/state/demolish-illegal-structures-at-hampis-vi...
Goan Corner & all the nearby guesthouses were right by all the climbing on the "island" - Virupapura Gaddi.
Most of the guesthouses at Hampi Bazaar around the monuments & the ancient market on the other side of the river were knocked down a few years ago. There is a lot of climbing around there too but as it became difficult to get to from the island (the boats only started late and finished early) most people didn't bother anymore with that side.
You can stay in a nearby village, Anegundi which is nice but a very different vibe. There are some nice guesthouses there. It's a 15 min moped ride to the boulders, but who knows what the access will be like as you had to drive through Hippy Island to get to them!