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Ayodhya – the city of Lord Rama has become a target of many investors who want an investment with a solid return on Investment. Since the inauguration of The Ram Mandir, the state economy has been on the rise and so is the real estate of the city. With a Ten Billion Dollars plan to transform the holy city into a global religious and spiritual tourist destination, there will be jobs created and not to mention the city will attract a plethora of tourism throughout the year.
Ayodhya is experiencing significant development in the recent years after the Supreme Court’s judgement in November 2019 to build the Ram Mandir. The prices of properties and land have been on a surge since then and this trend is only going to rise in the future.
There has also been increase in construction of residential and commercial properties as the people looking for jobs are going to immigrate. After moving in, they will search for residential properties to stay and commercial properties to work. Entrepreneurship opportunities are also showing up to cater the needs of the tourism sector and what not.
You can also read our blog - Why Invest in Ayodhya. It will give you a better understanding on why investing in a city like Ayodhya is a guaranteed big ROI reaping investment of your capital.
Now that you know why should you be the part of this development of Ayodhya; let’s talk about where can you invest your money in and what other options and approaches are available.
Ayodhya showcases attractive investment opportunities for the individual investors and companies alike. There are innumerable opportunities consisting Real Estate, Tourism, Tour and Travels, Logistics, Catering and hospitality etc.
Though Qubicc is an expert in the Real Estate, we will list down the opportunities to invest in Ayodhya.
Daily, Ayodhya greets around 1.25 Lakhs pilgrim visits in the Ram Madir. The holy city has numerous pilgrim spots like Hanuman Garhi, Kanak Bhawan and Sita ki Rasoi to name a few, spread across the area which brings an opportunity to cater those people by providing travel services. Most of the people come from metro cities on weekends by rented vehicles where you can tap in.
During the time of the Ram Mandir inauguration, IRCTC shares gained by 59 per cent on the NSE so far in the last year. A thousand new trains were announced to increase the frequency of tourism to the city.
Direct flights have been announced to increase the air connectivity of Ayodhya with the metro cities. For travelers and pilgrims; Starting from January 6 2024, direct flights have started from Delhi. Ayodhya has also been connected to Ahmedabad, creating a bridge between two culturally and historically rich cities. You can take a look for yourself by clicking here.
With the tourism sector on boom, there are going to be unprecedented amount of public who will be willing to pay for a place to live in. Hotels and resorts investment are a good opportunity you can take. Nothing can go wrong with investment in hotels and real estate, as property is only going to appreciate in the long run giving good return on investment.
Ayodhya is not only a city rich in its culture and heritage, but also has become potential investment for all those people who are willing to take a ride to the development of Ayodhya. There are many opportunities other than real estate one can invest in. Construction, Tourism, Horticulture, Hospitality, Aviation are some examples.
Qubicc can help you decide the best options for Investment in Ayodhya.