
Ayodhya municipal limits to widen with 343 more villages
In a significant move, the development authority has widened the scope of Ayodhya Municipal Corporation to Bhadarsa town municipality and Nawabganj Municipal Council. The expanded area will be reflected in the
Ayodhya Master Plan 2031
.
The master plan was drafted for the planned development of the city, covering an area of 873 square kilometres. The aim of this master plan is to realize the investments coming into Ayodhya and to establish the city on the global tourism map.
Under the AMRUT scheme, the first phase included a master plan for an area of 133 square kilometers, combining Ayodhya Municipal Corporation and 65 nearby villages, which was approved by the Yogi Adityanath govt.
This plan was designed considering a population of approximately 1.1 million. Now, in the expanded Master Plan 2031, under phase two, 189 villages from the neighbouring districts of Basti and Gonda have been included, increasing the area to 873 square kilometers.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Giao dịch Bitcoin và Ethereum - Không cần ví!
IC Markets
BẮT ĐẦU NGAY
Undo
"The authority has outlined a blueprint to transform Ayodhya into a modern tourist city equipped with world-class infrastructure, improved connectivity, and the development of hotels, resorts, and cultural centres," said Satyendra Singh, secretary, Ayodhya Development Authority.
The govt has asked authorities to prepare the new GIS-based Ayodhya Master Plan-2031 for the expanded area. The population projection work for the expanded area has now been completed, estimating a population of approximately 1.4 million by 2031.
Also, the current land use survey has also been completed. Based on the estimated population for 2031, projections for residential, commercial, industrial, public, and semi-governmental facilities, along with other land uses, have been made according to planning standards and govt guidelines.
After obtaining approval from the board, the Ayodhya Master Plan 2031 was presented to the govt-appointed committee.
Following the committee's approval, an exhibition has been set up until May 24 at the Ayodhya Development Authority office, Bhadarsa Nagar Panchayat, and Nawabganj Municipal Council (Gonda) to invite objections and suggestions from the public and other stakeholders.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
21 minutes ago
- Time of India
India's residential rents cool to 7–9% in H1 2025, but infrastructure-driven micro-markets see sharp hikes
India's rental housing market is witnessing a phase of moderation after nearly four years of steep inflation. According to a new report tracking trends across six major metros—Bengaluru, Mumbai, Delhi-NCR, Hyderabad, Pune, and Chennai—average rental inflation in the first half of 2025 stood between 7% and 9%. This is a significant decline from the aggressive 12–24% annual hikes seen between 2021 and 2024, a period shaped by post-pandemic disruptions, return-to-office mandates, and limited housing supply, mentioned NoBroker in its latest report. The report noted that the slowdown in rent growth is being driven primarily by the gradual release of new housing inventory, particularly in peripheral and emerging corridors. However, despite this cooling trend, rental inflation continues to outpace key economic indicators such as the Consumer Price Index (CPI), which hovered between 2.8% and 3.3% during March to May 2025. Wage growth has also remained largely flat in comparison, leading to rents consuming a larger share of household budgets in urban India. 'India's rental housing market is entering a more mature and opportunity-rich phase after years of sharp, supply-driven inflation. Rental growth is now moderating to 7–9% across metros, driven by infrastructure-led demand rather than broad-based spikes,' said Saurabh Garg, Cofounder and Chief Business Officer of NoBroker. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 Most Expensive Cars In The World Undo The gap between renting and home ownership has widened once again, after narrowing in 2022–23. While rents have moderated, property prices have continued to climb steadily. This divergence has made monthly EMIs significantly more expensive than rents for equivalent properties. For example, a standard 2BHK apartment in key city locations now rents for ?35,000–?45,000, whereas the EMI on a comparable home ranges from ?90,000 to ?1.2 lakh. Even with repo rate cuts in 2025 aimed at easing borrowing costs, high property valuations have kept homeownership financially out of reach for many urban families. This has pushed more households to continue renting rather than buying, especially in employment-dense areas. 'Despite rising rents, renting remains strong as property prices have surged even faster. The rent vs. EMI gap which had narrowed briefly has widened again, making renting a more practical choice for many,' Garg said. Live Events Tenant preferences are also shifting. There is a growing demand for larger units, especially 3BHK homes, across metros. This is driven by changing lifestyles and hybrid work models that require additional space. In Bengaluru, nearly 50% of tenants are now seeking 3BHK homes, while Delhi-NCR and Hyderabad report similar trends. Gated communities have also gained traction, offering security, on-site amenities, and community living—features that are now increasingly non-negotiable for urban renters. Cities such as Pune, Hyderabad, and Bengaluru report that over 80% of tenants prefer gated societies over standalone homes. 'Infrastructure continues to be the key driver. Micro-markets with new metro lines and tech parks are seeing sustained demand, while tenant expectations have evolved. Gated communities, spacious homes, and hybrid work setups are no longer luxury but the new norm,' said Garg. Despite the overall cooling in rental inflation, several infrastructure-led micro-markets continue to see double-digit rent hikes. In Bengaluru, areas such as KR Puram, Bellandur, and Electronic City recorded increases of up to 12%, driven by new metro connectivity, tech parks, and strong demand from professionals. Hyderabad's western corridor remains a high-demand belt, with localities like Hafeezpet, Nizampet, and Uppal reporting rental spikes of 10–13% due to proximity to IT hubs and an expanding Global Capability Centre (GCC) ecosystem, the report mentioned. According to the report, Mumbai's rental market showed 7–9% average growth, but some localities bucked the trend. Andheri East saw rents climb by 13%, while Kharghar recorded an 11% rise, influenced by metro projects and redevelopment-led supply. Eastern Mumbai and Navi Mumbai are increasingly viewed as high-growth corridors due to improved access and job migration. Pune's rental landscape is also evolving. While the average rent increase remained within 7–8%, neighbourhoods such as Baner (13%) and Hadapsar (12%) outperformed the rest, supported by commercial expansion and new residential launches. East Pune, in particular, is emerging as a rental growth zone owing to connectivity improvements and IT sector hiring. In Chennai, rent increases have settled at around 9%, but southern localities like Valasaravakkam and Kolathur saw hikes of 11–12%. The Outer Ring Road and Chennai Peripheral Ring Road are expected to further lift rental values in the coming months. Demand in South and West Chennai remains strong, supported by a growing presence of tech firms and infrastructure investments. Delhi-NCR remains the most fragmented market in the country. While average inflation stands at 9%, premium micro-markets in Gurgaon—such as Golf Course Extension Road—saw rents rise by as much as 15%. Sector 94 in Noida recorded a 12% increase, driven by its location near expressways and new luxury housing. Sector 137 and parts of Faridabad also reported sharp jumps, driven by metro expansion and proximity to tech corridors. Looking ahead, while the broader market may continue to cool as more supply enters, micro-markets tied to infrastructure upgrades—such as metro corridors, new tech parks, and airport zones—are expected to witness further appreciation in rents. For tenants, this presents a narrow window to secure affordable housing in areas poised for future growth. For developers and investors, the shift from yield-driven rental strategies to long-term capital appreciation is likely to shape real estate decisions in the coming quarters.


Time of India
27 minutes ago
- Time of India
Why hundreds of US MBAs are leaving high-paying jobs to clean air ducts and fix plumbing
The US MBA shift: From corporate careers to cleaning ducts and fixing plumbing. (AI Image) A growing number of MBA graduates in the United States are choosing to leave traditional corporate careers to purchase and operate small, often unglamorous, businesses in sectors such as HVAC, plumbing, and car washing. This trend is part of a model known as Entrepreneurship Through Acquisition (ETA), more commonly referred to as "search funds". It offers young professionals a pathway to business ownership without having to start from scratch. Search funds have gained significant momentum, especially since the Covid-19 pandemic, as thousands of MBA students have increasingly opted to acquire existing businesses rather than launch new start-ups. According to Stanford research cited by Business Insider , from 1984 to 2019, investors deployed a total of at least $1.4 billion into search funds and the companies acquired through them. In just the four years since, an additional $1.5 billion has been invested. Many of these MBAs are turning to industries traditionally overlooked by elite professionals, including duct cleaning, grease trap maintenance, and septic tank services. Dan Schweber's shift from consultancy to ownership Dan Schweber, a former healthcare consultant and startup employee, enrolled in Columbia's Executive MBA programme in search of a more autonomous and rewarding career path. After exploring multiple business ideas, he discovered Columbia's elective course on search funds. As reported by Business Insider , Schweber decided to pursue the ETA model, drawn to the concept of acquiring a business with existing revenue, staff, and customers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giá vàng đang tăng mạnh trong năm 2025 — Các nhà giao dịch thông minh đã tham gia IC Markets Tìm hiểu thêm Undo To finance his search, Schweber raised $480,000 from 18 investors, which covered a two-year period of outreach, due diligence, and personal living expenses. He estimated that he would need to send 4,800 outreach emails per year to generate 500 introductory calls, leading to 50 in-person meetings and two signed letters of intent. His first attempt to acquire a fire safety business fell through after months of negotiation. From failed deals to air duct cleaning With nearly two years into his search and no acquisition completed, Schweber shifted his focus from the healthcare industry to home and commercial services. He searched for HVAC-related businesses around Washington, DC, eventually identifying Atlantic Duct Cleaning. After 11 unanswered emails, he received a response to his 12th attempt. The owner, Tom Keys, had founded the company in 1995 and built it into a profitable enterprise generating $4 million annually. While private equity firms had made offers, Keys preferred to sell to someone who would maintain the business's integrity and staff. Following a three-month due diligence process, Schweber secured financing from 15 of his original 18 investors, along with a loan from a private lender. The transaction was finalised on May 31, 2022, although the purchase price was not disclosed. Business Insider noted that the median price for companies bought by investor-backed searchers in 2022 and 2023 was $14.4 million. High returns drive investor interest Search funds have become attractive to investors, largely due to the historically high returns. As per data reported by Business Insider , searchers have delivered an average return of 4.5x on capital, with an annual internal rate of return of 35%. This compares favourably with traditional asset classes such as the S&P 500, which typically yields 10% annually. The funding model allows investors to gain preferential access to deals once the searcher acquires a business. Challenges after acquisition Despite the potential for high returns, 31% of searcher-led acquisitions result in losses for investors. Risks include undetected operational issues, macroeconomic downturns, or poor performance by first-time CEOs. Business Insider reported several cases where new owners faced financial strain, emotional stress, and the possibility of bankruptcy within the first year. Growth and future plans Schweber now serves as CEO of Atlantic Duct Cleaning, overseeing over 60 employees and a fleet of 30 trucks. As reported by Business Insider, his goal is to grow the company to $25 million in annual revenue by 2028, aiming to become the largest air duct cleaning firm on the East Coast, if not in the entire country. The rise in search funds reflects a broader shift in US business education and entrepreneurship, where owning a plumbing or duct cleaning business is now viewed as a viable—and potentially lucrative—career path for elite MBA graduates. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!


Time of India
31 minutes ago
- Time of India
Silver jumps Rs 5,000 to hit fresh peak of Rs 1.15 lakh/kg
Silver prices skyrocketed Rs 5,000 to hit a fresh peak of Rs 1,15,000 per kg in the national capital on Monday as investors rushed to safe-haven assets following weakness in the US Dollar amid uncertainties over US tariff threats. According to the All India Sarafa Association, the white metal rallied by Rs 4,500 to hit a lifetime high of Rs 1,10,000 per kilogram (inclusive of all taxes) on Saturday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What Is a Family Trust, and How Do You Set One Up? SmartAsset Learn More Undo As per the Association, gold of 99.9 per cent and 99.5 per cent purity appreciated by Rs 200 each to Rs 99,570 and Rs 99,000 per 10 grams (inclusive of all taxes), respectively. "Silver prices are surging, reaching a new record high in the domestic market and hitting the highest level in almost 14 years in the international market. This rally is driven by a change in investor interest toward alternatives to gold," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said. Additionally, silver futures rallied by Rs 2,135 or 1.88 per cent to hit a record high of Rs 1,15,136 per kilogram on the commodities exchange. Live Events Meanwhile, the most traded gold contracts for August delivery climbed by Rs 518 or 0.53 per cent to Rs 98,336 per 10 grams on the Multi Commodity Exchange (MCX). "Gold prices saw a positive trend as renewed global tariff tensions kept the outlook firm. With the US imposing additional tariffs on trade partners, including the EU, Canada, and Mexico and broad weakness in the dollar index making bullion a preferred safe-haven," Jateen Trivedi, VP Research Analyst - Commodity and Currency , LKP Securities, said. In the international markets, spot silver rose 1.71 per cent to USD 39.02 per ounce. Spot gold went up marginally to USD 3,371.14 per ounce in the global markets. "Gold has again resumed upside movement with prices poised to again move towards their all-time high, supported by rising tariff related uncertainty, possibility of escalation in the Russia-Ukraine war, and rising demand from ETF investors and central banks for diversification," Pranav Mer, Vice President, EBG - Commodity & Currency Research at JM Financial Services Ltd, said. During the week, market participants will closely monitor the inflation data from major economies, including the US, UK/ Euro zone, retail sales and consumer sentiments from the US, which in turn will provide more direction for the bullion prices, Mer added.