The Uttar Pradesh government plans to build a 1,000-acre metropolis near Ayodhya with traditional and modern architecture. Nitin Gokarn, the state's Additional Chief Secretary for Housing and Urban Development, said the government had bought land for 'New Ayodhya', a groundbreaking project.

Ayodhya's real estate market is booming as the Ram Mandir's grand opening draws the elite of Indian politics and commerce. The city's property and land values have quadrupled, rivalling Uttar Pradesh's major cities. Local and national investors are drawn to this upturn.