The ancient city of the historic Ram Mandir Pran Pratistha ceremony in Ayodhya is experiencing an unprecedented boom in its real estate market. The culmination of decades of litigation and fervent public sentiment, the construction and consecration of the Ram temple have sparked a wave of optimism and investment in Ayodhya's property sector.
Impact on Real Estate
The construction and inauguration of the Ram temple in Ayodhya have created a transformative wave in the city's real estate landscape. Real estate prices have risen by over 25–30% since the Supreme Court verdict. An investment of Rs 85,000 crore is expected to flow into and around Ayodhya. As per the input shared by local real estate experts, the prices of commercial properties have reached Rs 6,000–7,000 per square foot.
Land Rates Ayodhya
Residential Land Rate in Ayodhya: Area Range - 1000 Sq ft - 100000 Sq ft Price Range Rs 10 Lakh- Rs 11 crore Average Price Rs 2500 per sq ft Property in Ayodhya: Residential House: Area Range 700 sq ft -1800 sq ft Price Range Rs 65 Lakh - Rs 5.50 Crore Average Price Rs 5500 per sq ft
Infrastructure Developments in Ayodhya Ahead of Ram Mandir Inauguration
Given the impending inauguration of the Ayodhya Ram mandir, the Uttar Pradesh government has allocated over Rs 133 crore for the infrastructure development in Ayodhya city. According to a recent report, property prices in Ayodhya have risen by 4-10 times as compared to five years ago. The rate of One biswa land, which is approximately 1350 per sq ft, is Rs 60 lakh.
Ayodhya Airport
The Ayodhya Ram Mandir airport is set to become more than just a transport hub; it is poised to become a gateway to spiritual pilgrimage. Strategically located near the sacred grounds of the Ram temple, the airport promises seamless access for millions of devotees and tourists visiting Ayodhya to pay homage to Lord Ram.
Railway Stations in Ayodhya
Ayodhya, the holy birthplace of Lord Ram, has railway stations that serve as important modes of transport for pilgrims and tourists traveling to the holy Ram temple. These railway stations, strategically located within the city, facilitate seamless travel for devotees from different corners of the country, thereby increasing accessibility to this spiritual center.
Ayodhya Ram Mandir Features
· This temple is 360 feet long, 235 feet wide, and 161 feet high. · Iron will not be used in Ram Mandir construction. · Both Modern & traditional techniques are used · The Construction is done with 600 thousand cubic feet of mountains of Rajasthan