Ayodhya Property: The date of inauguration of Ram temple in Ayodhya is getting closer. Prime Minister Narendra Modi is going to inaugurate this grand temple on 22 January. Ram devotees from across the country and abroad are eagerly waiting for this auspicious occasion. The construction of Ram temple has had a positive impact on the entire Ayodhya city. There has been a boom in all types of businesses here. The real estate sector of the city has also become a partner in this journey of progress. Property prices in Ayodhya have increased much faster than other cities of Uttar Pradesh. Here the prices of land have increased almost four times.
More than four times jump in property prices
According to property market experts, this boom in the real estate sector is not going to stop right now. People of Ayodhya are getting offers to buy property not only from local people but also from outsiders. Due to Ram Temple, many types of hotels and restaurants have also moved to the city. These also include big hotel chains like Taj and Radisson. It is because of these big buyers that there has been a tremendous rise in property prices.
Construction going on around Ayodhya
According to Enrock Research, the prices around Ram Temple have increased manifold. Now even in the outer areas, cheap land is not available anywhere. According to the report, in areas where land prices were Rs 1000 to Rs 2000 per square foot in 2019, land is now available at the rate of Rs 4000 to Rs 6000 per square foot. A large amount of construction is going on on Faizabad Road on the outskirts of the city. The land prices here were Rs 400 to Rs 700 per square feet in 2019, which have now increased to Rs 1500 to Rs 3000 per square feet.
Big builders are also launching housing projects
According to experts, apart from the Ram temple in Ayodhya, a new station and airport have been completed. Inaugurated by PM Narendra Modi on December 30, 2023. There has been a huge rise in prices even in areas near stations and airports. Abhinandan Lodha has launched a 25-acre residential scheme in Ayodhya in January itself.
Government is also spending on infrastructure
Along with Ram Temple, the government is working on many big infrastructure projects in Ayodhya. His effort is to make Ayodhya a big center of religious tourism. The construction of Ram Temple has attracted the whole world. Because of this, investors are considering it as a good investment option.
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