Ayodhya is undergoing rapid development
Ayodhya is undergoing rapid development and a real estate boom driven by several factors:
- Investment Inflow: An estimated Rs 85,000 crore is expected to be invested in Ayodhya and its surroundings, indicating strong economic growth prospects.
- Infrastructure Development: Ayodhya’s infrastructure is being upgraded to cater to over 45 lakh tourists monthly. Projects like the Saryu Riverfront development are enhancing amenities such as parks, washrooms, and shopping areas. Roads, sewage networks, and utilities are also being improved.
- Impact of Ram Mandir: The inauguration of the Ram Mandir has significantly boosted tourism, leading to a surge in real estate prices. Property values have increased by 4-10 times compared to five years ago, with areas like Gorakhpur Faizabad Highway seeing heightened activity.
- Ayodhya Airport: The new Maharishi Valmiki International Airport, located 8 km from the Ram Mandir, is enhancing connectivity. This development is expected to further drive commercial and residential real estate growth.
- Tourism Growth: Tourism has nearly doubled post the Ram Mandir’s construction, demand for hotels, guesthouses, and other accommodations. This increase in visitor traffic is attracting investments in hospitality and related sectors.
In summary, Ayodhya’s transformation into a major religious and tourist destination, coupled with substantial infrastructure improvements and strategic investments, is driving a significant surge in its real estate market.
