Ayodhya is attracting NRI investors

Ayodhya has undergone a massive makeover because of infrastructure upgradation in view of Ram temple and state government’s commitment to make it a global destination

PRAVASISAMWAD.COM

Ayodhya has become a sought-after destination for Non Resident Indians (NRIs). The craze for an abode in the temple town has led three NRIs from Thailand to approach the Ayodhya Development Authority to buy 5-acre plots, according to officials, reported timesofindia.indiatimes.com.

Earlier, delegations from Mexico, South Korea and Sri Lanka had visited the city to explore the options of buying land in Ayodhya, which has undergone a massive makeover because of infrastructure upgradation in view of Ram temple and state government’s commitment to make it a global destination.

“Formal requests by any country are routed through the Union government and hence those posing as representatives of the countries have been asked to provide formal authorisation letters through the embassies.”

NRIs are visiting the city to explore property options in their personal capacity and no communication from any country seeking land has been received so far, said officials. “A group of three individuals from Thailand came to me seeking a land parcel measuring at least 5-acre. We have forwarded their letter to officials of the housing and development board,” said Ayodhya Development Authority Secretary Satyendra Singh.

As aggregating a big chunk of land within the city limits is difficult, those looking for large land parcels are being directed to Navya Ayodhya, a 1407-acre greenfield township being developed by Awas Vikas Parishad. “We are keeping a record of requests for land being made by interested companies, parties and individuals and have told them to wait till the time relevant schemes are floated. Our staff would get in touch with them and allotment would be done as per the rules and guidelines,” said PK Singh, Superintending Engineer, Awas Vikas Parishad, Ayodhya division.

Singh said request letters from the group from Sri Lanka and Thailand were received recently while those looking for limited land are being entertained by the development authority. “Private companies and real estate agents are also active. However, a maximum number of NRIs are showing interest only in the government schemes,” added Singh.

Both the officials clarified that formal requests by any country are routed through the Union government and hence those posing as representatives of the countries have been asked to provide formal authorisation letters through the embassies.

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