New Ayodhya project to be launched in next 2 months by UP government

29 Mar 2023 CW Team

According to a top official, the Uttar Pradesh government plans to begin construction on the 1,400- acre New Ayodhya project within the next two months, in order to transform the temple town of Ayodhya into a popular destination for modern religious travellers. In two phases, the UP Housing Board would purchase large portions of land in the Ayodhya district. For the required approvals, coordination with the state's real estate regulator, the UP Real Estate Regulatory Authority (RERA), has already started.

The development of new urban centres with the aid of private investment is urgently required, according to Nitin Ramesh Gokarn, Principal Secretary for UP Housing and Urban Development. He declared that the government will set up a cooperation system for a model of sustainable development. In addition to plots for commercial activity, the New Ayodhya township will include homes, guest rooms, hotels, warehouses, religious, and cultural centres.

The Yogi Adityanath administration is moving forward with the infrastructure and development projects in the temple town as the Ayodhya international airport project is swiftly approaching completion and the Lord Ram temple is anticipated to be finished by September. A number of infrastructure and development projects totalling Rs 4.65 billion for Ayodhya were recently approved by the Yogi Cabinet. As the flagship projects are completed, the temple town is projected to experience a significant increase in visitor numbers. More than 20 million tourists visited Ayodhya in the first half of 2022.

According to the Ayodhya Vision 2047 theme, the anticipated cost to the exchequer of modernising Ayodhya is Rs 300 billion. The state and federal governments would invest the money in roughly 260 projects in the fields of tourism, aviation, infrastructure, housing, medicine, energy, culture, urban development, transportation, etc.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..