The development on the land parcel, located in this strategic and high-potential area, is estimated to have a potential of over 4 million sq ft of saleable area with an estimated revenue potential of Rs 3,500 crore based on the current business assumptions.
Around 200 farmers have been served with notices for putting up illegal structures on their land, which is set to be acquired. This is generally done to claim higher compensation, as the government gives more money for land that has buildings or structures on it.
Bollywood icon Amitabh Bachchan has purchased a land parcel in Ayodhya s 7-star mixed-use development, The Sarayu, near the soon-to-be-inaugurated Shri Ram Janmabhoomi Temple. The project spans 51 acres and includes residential plots, villas, and luxury apartments. While details of the plot s size and value remain undisclosed, it is estimated to exceed 10,000 sq ft, valued at nearly Rs 15 crore. Bachchan expressed excitement about building his home in Ayodhya, emphasizing the city s blend of tradition and modernity. The House of Abhinandan Lodha aims to invest over Rs 11,000 crore in land parcels and developments, including Rs 1,200 crore in Ayodhya.