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Al Jazeera
Al Jazeera
Business
Gurvinder Singh

In India’s Ayodhya, the Ram temple means ‘land is costlier than gold’

Investors are on a land buying spree to build commercial properties to cater to the millions of visitors expected in Ayodhya with the construction of the Ram temple [Gurvinder Singh/Al Jazeera]

Ayodhya, India: Ram Surat Verma regrets his decision to sell his land in 2019.

A farmer in Takpura village in the Ayodhya district of the north Indian state of Uttar Pradesh, about 155km (96 miles) from Lucknow, the state capital, he received 25 million rupees ($300,000) when he sold his 1.55 acre (0.6 hectares) patch of land to a local property dealer four years ago.

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