UP plans 1,000-acre township in Ayodhya
Real Estate

UP plans 1,000-acre township in Ayodhya

The Uttar Pradesh government has planned a 1,000-acre township in Ayodhya that will be a blend of contemporary and traditional architectural elements, Nitin Gokarn, the state's additional chief secretary for housing and urban development.

The 'New Ayodhya', for which the state government has already secured land, will be India's first vastu-based township, he said.

With the Ram Mandir's inauguration set for January 22, developers are lining up to acquire land in the region for commercial and residential development.

"New Ayodhya City is going to be a river-centric city with a focus on sustainability," said Gokarn. "It is going to be in one of the best cities in the county."

The senior official said they recently auctioned a plot for a hotel, where the reserve price was Rs 88,000 per sqm, and the successful bid was for Rs 108,000 sqm.

"We are witnessing significant demand. We have initiated registrations for the state guest house, and subsequently, the commercial development plots will be put up for auction," said Gokarn. "There is a shortage of clean properties, and the government is committed to assisting developers in acquiring such land."

Land prices and property-related transactions in the city have shot up by 50% since the groundbreaking ceremony for a grand temple to Ram was performed in August 2020.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Uttar Pradesh government has planned a 1,000-acre township in Ayodhya that will be a blend of contemporary and traditional architectural elements, Nitin Gokarn, the state's additional chief secretary for housing and urban development. The 'New Ayodhya', for which the state government has already secured land, will be India's first vastu-based township, he said. With the Ram Mandir's inauguration set for January 22, developers are lining up to acquire land in the region for commercial and residential development. New Ayodhya City is going to be a river-centric city with a focus on sustainability, said Gokarn. It is going to be in one of the best cities in the county. The senior official said they recently auctioned a plot for a hotel, where the reserve price was Rs 88,000 per sqm, and the successful bid was for Rs 108,000 sqm. We are witnessing significant demand. We have initiated registrations for the state guest house, and subsequently, the commercial development plots will be put up for auction, said Gokarn. There is a shortage of clean properties, and the government is committed to assisting developers in acquiring such land. Land prices and property-related transactions in the city have shot up by 50% since the groundbreaking ceremony for a grand temple to Ram was performed in August 2020.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000