By Team Homes | Thursday, 22 February 2024

Ramayu Estate soon to be built in Ram Janmabhoomi by Estatebull

With the Inauguration of Ram Mandir in Ayodhya, the city is witnessing reawakening of modern technology in architecture and real estate. Adding to its glory, a new upcoming project called ‘Ramayu Estate’ is coming up, which is located in the vicinity of the Ram mandir. With this launch the historical city will get the taste of a contemporary lifestyle with proper blending of traditional modernity living.

The residential project was undertaken by Estatebull, which is located just 4.5 kilometers away from the Ram Janmabhoomi, offering a direct connection to the spiritual epicenter of Ayodhya.

Right after the occasion of ‘Pran Pratishtha’ on 22nd January Ayodhya’s real estate is witnessing a boom. Property prices in and around the city have already risen significantly during the last 4-5 years and are likely to surge further in the years to come.

According to the chairman of Anarock Group, Anuj Puri, the property prices in Ayodhya were estimated to increase by nearly 25-30% in 2019 immediately after the Supreme Court verdict in 2019. Right after the verdict, the land prices had risen to nearly 400-700 per sq. ft. in the outskirts like at Faizabad Road. Within the city limits average prices stood between Rs. 1,000 and Rs. 2,000 per sq. ft. during this time.

The project is housed with prime plots with a combination of essential amenities including 24×7 security surveillance, a clubhouse, a gym, a community hall, and water connectivity among other facilities. This upcoming smart city project will be connected with the government’s smart city project. It assures state-of-the-art infrastructure, and advanced services, contributing to Ayodhya’s transition into a modernised urban landscape.

The project has already earned the final nod from the Real Estate Regulatory Authority (RERA). Surely, the slew of developmental projects will push the economy further and foster rapid holistic growth. Focusing on Religious tourism cultural heritage, and infrastructural progress, Ayodhya is rapidly transforming into an economic powerhouse.