Ranbir Kapoor buys land in Ayodhya for Rs 3.31 crore
Mumbai, May 14
Bollywood actor Ranbir Kapoor has invested in Ayodhya's growing luxury real estate market by acquiring a land parcel at 'The Sarayu', a premium plotted development project by The House of Abhinandan Lodha.
According to the official announcement, the transaction is valued at Rs 3.31 crore for a total land area of 2,134 square feet. The investment marks another milestone in the rising demand for luxury branded land developments in Ayodhya, amid rapid infrastructure growth and increasing investor confidence in the city's evolving real estate ecosystem, as per the press release.
Ranbir Kapoor's purchase is part of 'The Sarayu', a 75-acre landmark plotted development situated on the banks of the Sarayu river in Ayodhya. The project features a grand clubhouse, over 35 curated lifestyle amenities and a five-acre fully vegetarian luxury hotel by The Leela Hotels.
Kapoor in a statement, "I believe Ayodhya has chosen me, and I have just answered this calling. Ayodhya is deep rooted in our history and is a critical part of our cultural fabric. This land at The Sarayu became my gateway to ensuring this becomes a part of my legacy for my family."
He further praised the seamless acquisition process facilitated by the company.
"HoABL made this journey seamless, transparent and easy with their fully digital process," the actor added.
Commenting on the development, Abhinandan Lodha, Chairman of The House of Abhinandan Lodha, said Ayodhya is witnessing a strong cultural and economic resurgence.
"Ayodhya stands at the centre of India's cultural and spiritual resurgence, with a clear long-term growth trajectory driven by infrastructure, tourism, and global attention. With The Sarayu, we are creating a benchmark for spiritually rooted, world-class land developments," he said.
He further added that Ranbir Kapoor's investment reflects growing confidence among buyers in Ayodhya's future.
"Ranbir Kapoor's investment reflects the growing conviction among discerning buyers who are looking at Ayodhya not just emotionally, but also as a strategic, future-forward destination," Lodha stated.
Ayodhya has witnessed a rapid transformation in recent years due to large-scale public investment, improved connectivity and major infrastructure projects, strengthening its position as a leading spiritual, cultural and real estate hub.
— ANI
Reader Comments
At least he's investing in India's spiritual capital rather than splurging on some foreign property. The Sarayu riverfront location does sound beautiful - but will the common man ever afford such plots? 🤔
Finally, a celebrity investment that makes sense beyond just Mumbai real estate! Ayodhya is indeed rising with the Ram Mandir and improved connectivity. But I hope this doesn't trigger a speculative bubble that prices out locals.
"Ayodhya has chosen me" - typical Bollywood dialogue 😄 But seriously, this is smart investing. With the new airport, railway station, and spiritual tourism boom, Ayodhya real estate is a goldmine. Just hope the development is sustainable and benefits locals too.
While Ranbir's investment is good for the brand value of Ayodhya, I wonder - when will we see similar investment in affordable housing for the city's growing population? Luxury plots are fine, but we need balanced development.
Love that he mentioned Ayodhya being part of our cultural fabric. This is more meaningful than just a real estate investment. The Sarayu riverfront project sounds lovely - a vegetarian Leela hotel is a classy touch! 🕉️
D Deepak U