The growing popularity of spiritual tourism across India while revitalising the travel industry has also turned out to be a driving force behind the transformation of the real estate sector. Among these, Ayodhya, Varanasi, Vrindavan, Haridwar, and Tirupati stand out and witnessing unprecedented growth.
Online searches for spiritual cities have increased substantially. For example, recent data released by a leading travel portal MakeMyTrip found a staggering 585 per cent increase in search for Ayodhya in recent years. The Uttar Pradesh government is also actively acquiring land in religious cities to develop theme-based townships.
Yash Miglani, managing director of Migsun Group, said, “Ayodhya, Varanasi, Vrindavan, Haridwar, and Tirupati are among the prominent cities where prominent developers are acquiring land and initiating residential projects. The charm of these cities is not only for their spirituality, but they are also emerging as potential retirement havens, attracting…