Legendary Bollywood actor Amitabh Bachchan has made headlines with the acquisition of a piece of land within The Sarayu, an upscale 7-star mixed-use development located in Ayodhya. His investment of an estimated ₹14.5 crore is anticipated to bring further attention to the ongoing transformation of Ayodhya, as it coincides with the historical inauguration of the Shri Ram Janmabhoomi Temple in Ayodhya.
Scheduled for an official launch on January 22, coinciding with Prime Minister Narendra Modi’s inauguration of the Shri Ram Janmabhoomi Temple, The Sarayu spans across 51 acres. Amitabh Bachchan expressed his excitement about commencing this venture, stating, “I am eagerly anticipating commencing this venture alongside The House of Abhinandan Lodha for The Sarayu in Ayodhya, a city that holds a special place in my heart.” Describing Ayodhya’s timeless spirituality and cultural richness as creating an emotional connection that transcends physical boundaries, Bachchan expressed enthusiasm about constructing his residence in the global spiritual capital.
The investment in The Sarayu represents a major achievement for the developer, The House of Abhinandan Lodha. The Chairman, Abhinandan Lodha, expressed his excitement at having Amitabh Bachchan join as the inaugural resident of The Sarayu, emphasizing that it reflects confidence in the city’s economic potential and deep appreciation for its spiritual heritage. The Sarayu is strategically located approximately 15 minutes away from the Ram Temple and about 30 minutes from the Ayodhya International Airport.
Amitabh Bachchan’s investment is a significant contribution to the development of The Sarayu, which is set to include a five-star palace hotel in partnership with Leela Palaces, Hotels and Resorts. The entire project is expected to be completed by March 2028, signaling a new era of development and growth for Ayodhya.
Since the Supreme Court’s decision to award the site previously occupied by the Babri Masjid to the Hindu community, Ayodhya has experienced substantial infrastructure development. An assessment conducted in October 2023 reported a surge of approximately 25-30% in property prices immediately after the verdict. The city has witnessed a notable increase in land prices, both within the city and its outskirts, reflecting a substantial uptick in average property prices between 2019 and 2023.
The development of The Sarayu is spearheaded by The House of Abhinandan Lodha, which has been recognized for its innovative approach to land purchasing and its ambitious plans for luxury hotels in various locations in India.
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➤# How big is the plot that Amitabh Bachchan purchased in The Sarayu?
Insiders from the real estate sector suggest that the plot, where Bachchan plans to construct his residence, spans approximately 10,000 square feet with an estimated value of ₹14.5 crore.
➤# Where is The Sarayu located, and why is it significant?
The Sarayu is an exclusive 7-star mixed-use development located in Ayodhya, a city that holds historical and spiritual significance. It is strategically situated approximately 15 minutes away from the Ram Temple and about 30 minutes from the Ayodhya International Airport.
➤# When is The Sarayu expected to be completed?
The entire project, which includes a five-star palace hotel in partnership with Leela Palaces, Hotels and Resorts, is slated for completion by March 2028.
➤# How has property prices in Ayodhya changed since the Supreme Court’s decision regarding the Babri Masjid site?
According to an assessment conducted in October 2023, property prices in Ayodhya experienced a surge of approximately 25-30% immediately after the verdict. Land prices within and outside the city have seen a notable increase, reflecting a substantial uptick in average property prices between 2019 and 2023.
Amitabh Bachchan’s investment in The Sarayu marks a significant milestone, contributing to the ongoing development and growth of Ayodhya. The city’s increasing economic potential and spiritual heritage have garnered attention from prominent figures and developers, reflecting a promising future for Ayodhya’s real estate landscape and overall expansion. As The Sarayu project progresses, it is anticipated to further enhance Ayodhya’s status as a global spiritual hub and a destination for luxury living.
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