Anjanadri Hill Hampi real estate surges post Ram Mandir development

The construction of the Ram Mandir in Ayodhya, Uttar Pradesh, is progressing rapidly, and simultaneously, plans are underway to transform Anjanadri Hill, the birthplace of Hanuman, into a significant religious tourism destination in the state. This surge in development has led to a remarkable surge in land prices in the area.

Even before Chief Minister Siddaramaiah announced a Rs 100 crore fund for the development of the Anjanadri hill temple and its surroundings, the real estate sector had already kicked off in this small village situated along the banks of the Tungabhadra river. Now, with both state and central governments expressing interest in developing the hill as a religious site, the region is witnessing unprecedented growth.

During his visit to Anjanadri Hill, Uttar Pradesh Chief Minister Yogi Adityanath proposed a plan to establish a direct train connection between Anjanadri and Ayodhya. The local trust managing the temple aims to model the area’s development on the lines of Ayodhya.

These initiatives are anticipated to bring about extensive development and job opportunities. Recognizing this potential, many landowners have increased land prices by up to 70%, according to local residents.

A local entrepreneur mentioned, “A few months ago, an acre of land in Anegundi village was priced at Rs 12 lakh. However, post the inauguration of the Ayodhya temple and the commencement of development activities in Anjanadri, landowners are now seeking an additional Rs 20 to 25 lakh per acre. Much of Anegundi boasts fertile land suitable for agriculture and horticulture.”

Anjanadri Hill is poised to become a prominent tourist destination, drawing interest from individuals in Mumbai and other parts of the country who have been scouting the area for potential land investments, as per panchayat officials.

“When outsiders display interest in purchasing large plots of land, local residents consider raising prices. The hill shrine attracts thousands of tourists from North Indian states every week,” noted a panchayat member.

The initial phase of development will involve the construction of a rest house for devotees, along with amenities such as extensive parking lots, public toilets, shade points, and boundary fences. The subsequent phase will witness the erection of a towering statue of Hanuman and the construction of a temple.

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