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Ayodhya is undergoing an unprecedented transformation, driven by a substantial $6 billion investment in infrastructure, due to the inauguration of the Ram Mandir. This development has sparked a significant upswing in the real estate sector within the holy city, resulting in soaring property prices. Investors, both domestic and international, are actively pursuing valuable land parcels in close proximity to the temple site. The recent establishment of an airport has further intensified the real estate market in the surrounding areas. However, due to limited land availability and escalating demand, property prices in certain zones have reached almost unaffordable levels. As a well-connected city, Ayodhya holds substantial growth potential in the upcoming years, attracting the attention of prominent developers across the country. With various townships and private hotels slated to be constructed in Ayodhya, developers anticipate significant opportunities and substantial returns on investment. 

 

Investors seeking to capitalize on this burgeoning market can explore both commercial and residential projects, as both sectors exhibit high potential for price appreciation in the foreseeable future. Return potential on residential investments look impressive. With rental prices already touching decent levels, there is an excellent chance of getting good yields if the property is located within a few kilometers of the temple premises. Further, if one is looking to invest in commercial properties, the return potential would be consistent and one can also sell off the property after asset value appreciates.

 

Property prices in Ayodhya have risen by 5-10 times ever since the construction of Ram Mandir broke ground. Based on the type of property and proximity from the temple, price of land and properties have escalated, with rates fluctuating between Rs 2000 per sqft to almost Rs 20000 per sqft within 5-10 kms of the temple site. With lakhs of visitors expected to visit the temple city post inauguration, it is expected that the prices can go up by 12-20 times in the next decade. 

 

Chaudah Kosi Parikrama, Ring Road, Deokali, Nayaghat are some of the places that are best to invest in Ayodhya. These places are located within 5-15-kilometer radius of the temple. Also, land parcels across the Gorakhpur Faizabad Highway are also experiencing heightened investment activities.

 

When considering investments in Ayodhya, it is imperative for investors to meticulously verify the authenticity of title and ownership documents associated with the properties under consideration. Additionally, a thorough examination of local zoning laws and regulations governing land use is essential to ascertain the permitted use of the targeted property. Comprehensive due diligence is required concerning property-related regulations, encompassing aspects such as land usage, construction norms, and any associated restrictions. Furthermore, investors should assess the availability and sufficiency of basic utilities, including water supply, electricity, and sewage systems. Lastly, evaluating the connectivity and proximity of the property to major roads, railways, bus routes, and airports is vital. This assessment not only enhances the intrinsic value of the property but also contributes to improved business prospects.

 

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