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

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

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement