16 Jan 2024

Ayodhya Ram Mandir: How prices of land, other commodities are skyrocketing amidst a frenzy of development

With the construction of Ram Mandir in Ayodhya, now big companies are also arriving. For this reason, land prices are skyrocketing and people are adopting new professions other than their old ones.

Over 100 five and seven star hotels to be built

Till a year ago, about four to five lakh pilgrims used to come to Ayodhya, now there is a possibility of fifty lakh pilgrims coming annually. Due to this, there is a proposal to build 110 five and seven star hotels. The work of building a Ramayana University is going on war footing.

Frenzy of development

With Ayodhya getting connected with airport, rail and highway, there has been a frenzy of development in the surrounding areas along with steep hike in prices. Shyamlal, resident of Tihura Majha village of Ayodhya district, has sold 6 biswa land to Lodha Group for Rs 24 lakh (1 biswa= 1350 square feet.) Shyamlal says that the land was sold under the supervision of the administration and he got the price as per the market rate.

Prices increased after Big B bought land 

Amitabh Bachchan has bought land in Tihura Majhan village, about eight km from Naya Ghat of Ayodhya. This village situated on the banks of Saryu river was unknown till a year ago. But ever since Amitabh Bachchan  bought the land here, the prices of land in the village have started skyrocketing.

Hundreds of acres of land belonging to the people of Tihura Majhan village has been purchased by a big builder from Mumbai. Villagers say that till two years ago the price of one Biswa i.e. 1350 square feet was 2 to 3 lakhs, which has now increased to 14 lakhs.

Construction of 5 star hotels, luxury flats to start

A big builder of Mumbai will now start building five star hotels and luxury flats here from January 22. This is the reason why the work of four lane road is going on at a fast pace here and next to it, a solar park is also being built on 40 acres for the power supply of Ram temple.

Sarvesh Kumar Singh used to run a sanitary shop in Keshav Puram, Ayodhya for years. But as soon as the announcement of construction of Ram temple in Ayodhya was made, instead of a sanitary shop, he became the owner of a luxury hotel. Now, along with serving local and foreign food in the hotel, he is also engaged in providing facilities to the pilgrims at par with the metropolitan cities.

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