The Holy City Ayodhya
Bhagwan Ram Temple is being developed in Ayodhya. Not only this, but a New Railway Station and New Airport are also major projects alongwith many other development projects in the city. In this scenario, The Real Estate Sector has been boosted up due to various projects parallel to construction of Bhagwan Ram Mandir. Shri Narendra Damodardas Modi, Hon’ble Prime Minister of India will inaugurate the grant temple of Bhagwan Shree Ram on 22 January 2024. Bhagwan Ram believers not only from India but also from across the world are eagerly waiting to attend this holy inauguration ceremony.
Real Estate position in Ayodhya
Bhagwan Ram Temple project is being constructed and the entire Ayodhya alongwith its nearby cities like Barabanki, Lucknow, Gorakhpur, Gonda, Balrampur, Basti. Sultanpur will get positively affected with not only Tours & Travels but also in real estate. All types of business alongwith the Real Estate Sector have been boosted up due to the development of the city Ayodhya. According to property market experts, demand of the property in the real estate business in Ayodhya city has also become valuable apart from the construction of the Holy Temple. And the Real Estate values in Ayodhya have increased rapidly rather than the other metro cities of the nation. The prices of land, flats, bunglows, row houses here have increased almost three to five times. According to property market experts, while property buying is becoming very populate in Ayodhya city, the real estate returns has also jumped up. And the popularity of buying property in Ayodhya is not going to stop in coming years. Due to construction of Bhagwan Ram Temple, many new hotels, restaurants, hospitals, smart villages, tents projects are being constructed to welcome the pilgrimage coming not only from across all over the India but also from all over the world.
Rate of Land in Ayodhya after Construction of Ram Mandir
The popular businessmen, national leaders and many people who has money are giving offers to local of Ayodhya to buy properties to establish a high demand in all over the city. Many types of hotels and restaurants are changing their regular menus to welcome the visitors. These hotels and restaurants are creating big chains like Mumbai and Other popular cities. According to a Research, the prices around Bhagwan Ram Temple have increased rapidly and become tough to buy any property for a common man. Besides this, the local people are happy to get this rapid changes in their city Ayodhya. According to the Real Estate Experts, in areas where land prices were Rs 800 to Rs 1800 per square foot in 2018, land is now available at the rate of Rs 5000 to Rs 7000 per square foot. Many large number of construction and development is going on Faizabad Road, Sultanpur, Gonda, Basti which are the around cities of Ayodhya. The land prices here were Rs 500 to Rs 800 per square feet in 2018, which has now increased to Rs 2000 to Rs 4000 per square feet.