
Investment in Varanasi's Infrastructure: Building Tomorrow
Gone are the days when major cities like Delhi, Bengaluru or Mumbai were preferred for real estate investments. This was mainly due to the quality of life and opportunities these cities had to offer.
However as the times are changing, so are the developments that are making other cities like Varanasi, Lucknow, Agra etc grow rapidly.
As the income levels of people are rising, and new developments are coming up, many cities in the country are witnessing huge demand for real estate. Varanasi is one such city.
The spiritual city of India, Varanasi, also called Banaras is known for its holy ghats, ancient temples and flowing Ganga river. This makes the city one of the most visited cities for pilgrimage.
The city’s tourism sector is growing and that is making the real estate sector grow rapidly. The demand for residential properties in Varanasi is increasing. There has been a huge surge in demand for flats and apartments in Varanasi.
Top 5 reasons to invest in Varanasi
Varanasi makes up for the best living locations, food joints, temples and religious beliefs. The top 5 reasons that make this city an emerging real estate hotspot are-
1- Affordability- Varanasi has lower land rates as compared to metropolitan cities. It has premium residential spaces that are available on a budget and are easy on pockets.
2- Smooth Connectivity- Varanasi is growing. The city ensures smooth connectivity to major cities through a good network of highways, expressways and rail networks.
The connectivity is improving from well-known areas in the city such as Ashapur, Chunar, Bhagwanpur etc to other areas in the city.
This is being made possible through the upcoming Varanasi Bypass Ring Road project which is valued at approximately Rs 260 crores.
With a rise in growth opportunities, the demand for residential properties in Varanasi is also increasing. New projects like Awadh Ambrosia, Rudra Saubhagyam, Harahua, Uma Nilayam are seeing a huge demand owing to their prime location and high-end amenities.
3- Future Developments- If we talk about future developments, a metro project from Banaras Hindu University, a major landmark in the city to Sarnath, from Babatpur, Cantt, Lanka and Shivpur is planned.
To make commuting easy and also reduce travel time, the second phase is planned to stretch to Ramnagar and Mughalsarai. Moreover, new sewage and drainage systems are also in line to improve the city's natural surroundings.
Additionally, the city is also planning to introduce a new mode of transportation, i.e. waterways. This has enabled the opening of small ports and nearby developments along the regions.
If you are looking for apartments in Varanasi , consider areas such as Harahua, Badagaon and Pindra as these are close to the international airport in Babatpur.
4- Future Projects- The major future developments that are shaping the demand for residential properties in Varanasi are the four-lane Ghaghra Bridge- Varanasi section of NH233 and the six-lane Varanasi-Aurangabad section of NH2
Additionally, the ongoing Kyoto-Varanasi collaboration agreement will also make sure that the solid and liquid waste management systems are improved which will further lead to an increase in demand for residential and commercial real estate.
5- Good Social Infrastructure- Varanasi or Banaras is home to the country's leading educational institutions, India's biggest trauma centre and also world-class hospitals.
It also has many reputed hotels as tourism is increasing, and well-known temples make it one of the best cities to live in India. The city's good social infrastructure makes it one of the most popular destinations for tourism, and education and also increases demand for residential apartment in Harahua, Varanasi.
There are many small-scale and medium-sized industries including textile and handicraft industries in the city. There are also heavy industries such as BHEL, Hindustan Unilever, Coca-Cola etc.
The presence of these leading companies has led to huge population growth in the city increasing overall real estate demand in the city.
Rudra Saubhagyam- A Perfect Residential Address
Rudra Saubhagyam, Harahua is a RERA-approved and VDA-approved project. It offers premium gated apartments with aesthetic elevations.
These premium residences offer Brick Coba treatment on the Terrace for heat reduction. This means the best amenities are here to make your living comfortable and convenient.
The list of other amenities includes-
- Lavish Clubhouse
- Party/ Activity Lawn
- Multipurpose Hall
- Dedicated kids' play area
- Open-air gymnasium & indoor game zone
- Multiple parking spaces- Stilt, open and basement
- Fountains & Badminton Court & Formal sitting area
- Fire-fighting systems & Rainwater harvesting
When it comes to location, Rudra Suabhagyam is located at a convenient location that is easily accessible.
The location advantages are-
- Easy connectivity to Varanasi Lucknow Road
- Only 2 minutes from Van Shakti Mata Mandir
- The proposed Allahabad Ring Road is only 7 minutes away
- Leading institutes such as SHEAT Engineering College and SAS School of Nursing in proximity
- DPS School and SS Public School are in proximity
- The airport is only 20 minutes away from the property
- The famous tourist spot Sarnath is about 30 minutes away only
Conclusion
Varanasi is witnessing recognisable growth in real estate. The city is witnessing high land rates and this is the right time to invest in a residential property in Varanasi.
If you are looking for a residential apartment in Harahua, Varanasi, Rudra Subhagyam is the right project for you.