New Delhi: Bollywood legend Amitabh Bachchan has acquired a 10,000 square feet plot for approximately Rs 14.5 crore in the ‘The Sarayu’ project in Ayodhya, developed by Mumbai-based realty firm House of Abhinandan Lodha, according to sources on Monday.
While House of Abhinandan Lodha confirmed the deal, financial details were not disclosed. The plot, part of a luxury project spanning 45 acres, was sold at Rs 14.5 crore and is set to be launched on January 22, 2024, coinciding with the consecration of the Ram temple.
Expressing excitement about the investment, Bachchan said, “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.”
Abhinandan Lodha, Chairman of The House of Abhinandan Lodha, noted that Bachchan’s investment signifies confidence in Ayodhya’s economic potential and appreciation for its spiritual heritage. The project will also feature a hotel on the banks of the Sarayu river, with an MoU signed with The Leela Palaces, Hotels and Resorts.
Last year, House of Abhinandan Lodha disclosed plans to invest Rs 3,000 crore in Uttar Pradesh for integrated townships, allocating Rs 1,000 crore to Ayodhya. The company, a part of Abhinandan Lodha-led Lodha Ventures, is set to launch housing projects in Ayodhya, Varanasi, and Gorakhpur.
