Real Estate Renaissance: Ayodhya Witnesses a Surge in Land Deals Post-Temple Approval | Oneindia

Video Credit: Oneindia

Published on December 27, 2023 - Duration: 09:39s

Real Estate Renaissance: Ayodhya Witnesses a Surge in Land Deals Post-Temple Approval | Oneindia

Ayodhya's real estate experiences a surprising surge, with 30,000 sale deeds, 80% related to land, registered between April and November 2023.

House of Abhinandan Lodha, a Mumbai-based developer, plans a 25-acre project near the temple.

Investors nationwide, including non-resident Indians, are drawn to the area.

Land prices within 5-10 km of the temple skyrocket, ranging from ₹2,000 to ₹18,000 per sq ft.

Commercial plots begin at ₹4,000 per sq ft, showcasing substantial growth post-2019 Supreme Court approval for temple construction.

Oneindia's Pankaj Mishra speaks to Yogendra Pratap Singh, assistant commissioner, Stamp and Registration department, Ayodhya.

#Ayodhya #RamJanmabhoomi #PropertyRates #RamLalla #ShriRamJanmabhoomi #AyodhyaRamTemple #RamTempleMap #RamTempleInauguration #OneindiaNews ~HT.99~PR.282~PR.100~

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