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.
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