The Ayodhya district administration has revised circle rates for the first time in eight years, with property values rising by 30% to 200% across various localities. The sharpest hikes are seen within a 10-km radius of the Ram Janmabhoomi Temple, where rates have increased over 150%, reflecting growing demand driven by religious tourism and infrastructure projects. Localities like Rakaabganj, Devkali, and Avadh Vihar now rank among the most expensive in the district. The revised rates-ranging from INR 26,600 to INR 27,900 per sq. metre in temple zones-are based on land usage and transaction history. Officials say the update improves transparency and aligns with market trends. The change also affects stamp duty, loan appraisals, and compensation in land acquisition cases. With ongoing developments including roads, hotels, and an international airport, Ayodhya is emerging as a key real estate and pilgrimage hub.Read more
Bollywood legend Amitabh Bachchan has acquired a 25,000 sq. ft. plot near 'The Sarayu,'an ultra-luxury project by The House of Abhinandan Lodha (HoABL), for nearly INR 40 crore. This marks his third major investment in Ayodhya's booming real estate sector. Earlier purchases include a 10,000 sq. ft. plot within The Sarayu township (INR 14.5 crore), a 54,454 sq. ft. parcel near the Ram Mandir (for a proposed memorial), and a 5,372 sq. ft. plot in Haveli Avadh township (approx. INR 4.54 crore). HoABL is marketing The Sarayu as a premium gated community with spiritual and modern appeal. Following the Ram Mandir inauguration, Ayodhya has witnessed a surge in luxury real estate demand, supported by new infrastructure like the Ayodhya International Airport and improved road networks. Bachchan's investments are expected to further boost Ayodhya's status as a rising luxury destination.Read more
Amitabh Bachchan has made another major real estate investment in Ayodhya, acquiring a 54,454 sq. ft. plot through the Harivansh Rai Bachchan Trust. This follows his earlier INR 4.54 crore purchase in Haveli Avadh. While the first property near the Ram Mandir is speculated to be residential, the latest acquisition may serve a charitable purpose. Ayodhya has become a prime investment destination, attracting big names like The House of Abhinandan Lodha (HoABL), which has invested INR 1,200 crore. Bachchan's growing real estate portfolio, including recent high-value acquisitions in Mumbai, highlights a trend of celebrity investments in prime locations.Read more
The District Collector in Ayodhya, the temple town, has proposed a significant 200% increase in the circle rates for key locations. The circle rates, set by the state government, serve as a benchmark to determine property values for stamp duty calculations. The current rates were last revised in 2017, but the administration has observed that actual market rates have been much higher. To generate more revenue for the state, the proposed new circle rate list will soon be made public, allowing residents and stakeholders to provide feedback before a final decision is taken.Read more
The Maharashtra state cabinet approved acquiring a 9,420.55 sq meter plot in Ayodhya for Maharashtra Bhavan at INR 67 crore. This aims to provide devotees comfortable accommodation near the Ram Temple. Additionally, INR 67.14 crore was sanctioned for a state guesthouse in Ayodhya. The proposed plot is strategically located near NH 27 and the airport and is 7.5 km away from the Ram Janmabhoomi Temple. This move, coinciding with the Ram Temple's opening, signifies a political endeavor by the state to capitalize on the temple's significance.Read more
The Uttar Pradesh government plans a 1,000-acre 'New Ayodhya' township, blending contemporary and traditional architecture, making it India's first vastu-based township. Set to be river-centric and sustainable, it has already secured land and is attracting developers due to the upcoming inauguration of Ram Mandir. Land prices in Ayodhya have surged 50%, and the township aims to address demand for commercial and residential spaces. Hotel chains like IHCL, Marriott, Sarovar, and Wyndham have future hotel plans for Ayodhya. The 'New Ayodhya City' aligns with PM Modi's vision for holistic development and socio-economic growth in the region.Read more
Bollywood icon Amitabh Bachchan has made a real estate investment by acquiring a 10,000-square-foot plot in The Sarayu, a luxurious 7-star mixed-use development in Ayodhya. Valued at Rs 14.5 crore, the move aligns with the development's official launch on January 22, coinciding with the inauguration of the Shri Ram Janmabhoomi Temple. Scheduled for completion by March 2028, The Sarayu, crafted by The House of Abhinandan Lodha, symbolizes Bachchan's confidence in Ayodhya's economic potential. Additionally, Bachchan has leased commercial units in Mumbai and generously gifted his Juhu bungalow to his daughter. These strategic real estate moves highlight a transformative period in India's cultural and economic landscape.Read more
House of Abhinandan Lodha (HOABL), a prominent real estate developer specializing in plotted development, is set to launch an ambitious 25-acre residential plotted development project in Uttar Pradesh's Ayodhya district in January 2024, just a short drive from the forthcoming Ram Temple. This project entails a substantial investment of around Rs 300 crore and is part of HOABL's larger commitment of Rs 1,200 crore to Ayodhya. The development will offer 200 to 220 units, with prices starting at Rs 1.50 crore for a 1,250 sq ft plot, featuring luxurious amenities like a seven-star hotel, clubhouses, and gyms. With Ayodhya's growing prominence and the impending Ram Temple inauguration, HOABL anticipates strong demand from both domestic and international buyers, bolstering its expansion plans across India.Read more
The House of Abhinandan Lodha (HoABL) announces a monumental investment of Rs 1,200 crore dedicated to the development of Ayodhya, aligning with the government's vision of establishing it as a global spiritual capital. This investment signifies HoABL's belief in Ayodhya's potential as a cultural and economic powerhouse. With the inauguration of their state-of-the-art office in Ayodhya, HoABL solidifies its commitment to the city's growth and prosperity. The investment extends beyond Ayodhya, as HoABL pledges an additional Rs 3,000 crore investment in the state, aiming to create lasting impacts. Esteemed guests and dignitaries graced the inauguration, emphasizing the significance of the investment and affirming Ayodhya's prominence on the global stage.Read more