Mumbai: Bollywood actor Ranbir Kapoor has acquired a land parcel in Ayodhya for Rs 3.31 crore, amid rising investor interest in the temple town’s real estate market.

The transaction involves a 2,134 sq ft land parcel in the 75-acre plotted development project located on the banks of the Sarayu river in Ayodhya.

Kapoor’s investment comes as Ayodhya witnesses increased real estate activity following large-scale infrastructure development and a surge in tourism after the Ram temple inauguration. The project includes a 5-acre vegetarian luxury hotel to be operated by The Leela.

He has bought the land parcel directly from the project’s developer The House of Abhinandan Lodha.

“I believe Ayodhya has chosen me, and I have just answered this calling. Ayodhya is deep rooted in our history and is a critical part of our cultural fabric. This land at The Sarayu became my gateway to ensuring this becomes a part of my legacy for my family,” Kapoor said.

Abhinandan Lodha, chairman of the House of Abhinandan Lodha, said Ayodhya is witnessing long-term growth driven by infrastructure, tourism and increasing investor attention.

According to the company, Ayodhya has received public and allied investments of more than Rs 85,000 crore over the last few years across roads, railways, airport connectivity and urban infrastructure.

The city attracted around 16 crore visitors in 2024 and is projected to receive up to 28 crore annual visitors by 2030.

Founded in 2020, the House of Abhinandan Lodha said it has sold over 13 million sq ft of developed land and currently has around 25 million sq ft under active development across five states.