Big B Buys 10,000 Sq. Ft. Land In Ayodhya That Cost Him Rs. 14.5 Crore

Bollywood star Amitabh Bachchan has acquired a 10,000 square foot plot in an Ayodhya project being constructed by the Mumbai-based real estate company House of Abhinandan Lodha for approximately Rs 14.5 crore, according to sources on Monday.

The agreement was confirmed by the House of Abhinandan Lodha, but no financial information was disclosed. The sources claim that the approximately 10,000 square foot site in “The Sarayu” project was sold for Rs 14.5 crore.

Amitabh Bachchan: Ayodhya holds special place in my heart

“I am looking forward to embark on this journey with The House of Abhinandan Lodha for The Sarayu in Ayodhya, a city that holds a special place in my heart… I am looking forward to building my home in the global spiritual capital,” Bachchan said.

Bachchan’s involvement in the Ayodhya project, according to a statement from Abhinandan Lodha, Chairman of The House of Abhinandan Lodha, shows the actor’s great appreciation for the city’s spiritual legacy as well as his trust in the city’s economic potential.

Saryu Project to be inaugurated on January 22

On January 22, 2024, the day the Ram temple is being consecrated, the House of Abhinandan Lodha intends to begin construction on “The Sarayu” project. On the banks of the Sarayu river, there will be a hotel as part of the 45-acre luxury project.

An MOU has been inked by the firm and The Leela Palaces, Hotels and Resorts to construct a contemporary palace hotel in Ayodhya.

In January last year, House of Abhinandan Lodha revealed its ambitions to invest Rs 3,000 crore in Uttar Pradesh to create integrated townships. Ayodhya will receive Rs 1,000 crore of the entire planned investments. The company, which is a part of Lodha Ventures, run by Abhinandan Lodha, is going to start housing projects in Gorakhpur, Varanasi, and Ayodhya.