News Karnataka
Sunday, December 10 2023

Adiyogi statue sparks land price surge in Chikkaballapura

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Bengaluru: The unveiling of 112 Adiyogi statues by the Isha Foundation, led by spiritual and yoga guru Jaggi Vasudev, has triggered a remarkable land price surge in Hanumanthapura village, within Avalagurki gram panchayat, Chikkaballapur taluk. The powerful presence of these statues has transformed the local real estate market, making the region a coveted investment opportunity.

The ripple effect of the Adiyogi statues has extended over a 5-6 kilometer radius, significantly increasing land values. Before the statues’ installation, an acre of land in this area was valued between 5 to 6 lakh rupees. Today, these same lands are fetching prices in the crores, as reported by locals.

The once ordinary route from National Highway-44 to Vadrepalya Gate, leading to the Isha Foundation, is now flanked by land that has become as precious as gold. Real estate developers are flocking to the area, eager to purchase land or form joint ventures with local farmers. These farmers, once in a less favorable position, now have the upper hand, often deciding to lease rather than sell their valuable land.

What was once a region reluctant to attract land buyers has transformed into a place where landowners are reluctant to part with their holdings, even when offered substantial sums reaching into crores of rupees. The land here is now considered as valuable as gold. Local farmers credit this phenomenal change to the divine blessings of Adiyogi.

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