Average property rates in Ayodhya, where the Ram Mandir was opened to the general public on January 23, have gone up by 179 percent in the last three months, according to Magicbricks, an online real estate portal.
“According to Magicbricks Research, average prices in Ayodhya have increased from Rs 3,174 per sq ft in October 2023 to Rs 8,877 per sq ft in January 2024,” the portal said in a statement issued to Moneycontrol. Alongside, searches for residential properties in Ayodhya have risen 6.25 times, Magicbricks claimed.
During the same three-month period, the platform has seen a whopping 6.25x jump in searches for residential properties in Ayodhya, indicating growing interest from prospective home buyers and increasing residential demand in the city,” the statement added.
