20-01-2024 11:00 AM | Source: PR Agency
Expert Views on Real Estate Boom in Ayodhya by Mr. Aman Sarin, Director & Chief Executive Officer, Anant Raj Limited
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Below the Expert Views on the Real Estate Boom in Ayodhya Mr. Aman Sarin, Director & Chief Executive Officer, Anant Raj Limited
Cities with religious significance consistently attract home buyers, both local residents and outsiders, for various purposes including personal use and investment. These cities are often chosen not only for their spiritual appeal but also as potential retirement destinations.
Ayodha is set to experience great tourism due to the inauguration of the Shri Ram Lalla temple, Also other cities such as Haridwar, Varanasi, Tirupati, and Vrindavan are also experiencing a substantial demand in the real estate market.
Anant Raj, through its wholly-owned subsidiary, Jai Govinda Ghar Nirman Limited, has recently initiated an affordable housing project in Tirupati, Andhra Pradesh. Named Anant Raj Aashray-ll .The project is located in the Electronic Manufacturing Cluster 2 (EMC 2) in Tirupati developed by - The Andhra Pradesh Industrial Infrastructure Corporation (APIIC). The project spans a saleable area of approximately 10 lakh sq ft and has received all necessary approvals for construction from RERA, Andhra Pradesh and other authorities.
We will develop nearly 10 lakh sq ft of space, comprising around 1,900 apartments. Notably, the ticket size for these units is set at less than 20 lakhs. The project is slated for completion by 2027 and will feature a ground-plus-seven structure. This initiative aligns with our commitment to providing affordable housing solutions in regions with growing demand.
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