Investment Insights: Why Varanasi Apartments Are In Demand

In India, metropolitan cities such as Delhi, Bangalore or Mumbai have always been the first choice for real estate investments. There are many reasons, like better quality of life, more growth opportunities and good social infrastructure. 

However, in recent times, as the country is progressing and the income levels of people are also increasing, the new cities are also emerging as major investment spots due to many reasons. 

New city like Varanasi, a tier 2 city in Uttar Pradesh, is known for its spiritual environment and religious beliefs. It is also known as Banaras and is home to well-known temples and educational institutes. 

In our country, real estate investment promises higher returns in comparison to other investment categories like stocks, bonds or gold. It ensures higher returns and value appreciation if made at the right place and at the right time. 

Owing to its fast infrastructure growth, government policies, and high quality of life, Varanasi has been gaining investors' attention recently. There is a huge increase in demand for plots, commercial spaces and apartments in Varanasi. 

This is due to many reasons that have made the city a major attraction for real estate investors. Let's have a look at the reasons that have made this city so popular for real estate investments- 

1- Tourism- Being a spiritual city, Varanasi is famous for its temples and is a prominent city for followers of Hinduism and Jainism. It has major importance due to its rich traditions and religious values. 

Due to this, the city witnesses more people coming up for holy visits. As the number of tourists increases, so is the demand for commercial centres and residential areas to make a perfect staying experience, therefore rising in residential real estate. 

2- Infrastructural Developments- Varanasi is seeing rapid infrastructural growth, and there are many projects that are shaping the demand for real estate in the city. 

The Varanasi-Lucknow Highway is being widened into a four path street. The part of NH-2 i.e. the Varanasi-Aurangabad part is also being expanded into a six path street. 

This is going to enhance connectivity and also make commuting easy. 

Moreover, many developments are also coming up along the Varanasi Ring Road. 

These quick growth measures have led to increasing demand for residential properties in the city. 

In residential projects, Uma Nilayam, F Block in Varanasi is one of the most-in-demand properties due to its top-notch amenities and prime location. 

3- Upcoming Projects- The local authorities and Varanasi Development Authority are collectively planning a master plan- The Varanasi Mahayojna 2031, which is made to boost the city's growth and development. 

Many other initiatives like cleanliness drives and shopping centres have made the city attract more home buyers. 

4- Affordable Housing- In Varanasi, the housing market is more affordable. Whereas in Delhi, Mumbai, or Bangalore, the prices are very high, Varanasi offers premium living spaces on the same budget but with a high luxury quotient. 

Whereas in metropolitan cities, 1 BHK apartments are in crores, apartments in Varanasi  are available at lower rates, thus making them more economical to buy. 

Also, the areas near Banaras Hindu University and Mahmoorganj are in great demand due to their location and connectivity. 

5- Increasing Land Rates - The land rates in Varanasi have seen a hike over the years. The reports suggest that property rates have jumped from Rs 7000 sq. ft approx. to around Rs 13,000 sq. ft.

Regarding this, it is the right time to buy a residential property in Varanasi to get high returns with spacious and well-ventilated interiors. Thus, if you are looking for a space that's perfect to be called 'home', investing in an apartment in Ram Nagar, Varanasi, is a profitable option.

Let's read about the Uma Nilayam project in detail to know more about specifications and key highlights. 

UMA NILAYAM - HOME FOR THE CHOSEN FEW 

Uma Nilayam in Ramnagar, block F, Varanasi, offers 1/2/2 BHK luxurious apartments in a prime location at affordable prices. It has an earthquake-resistant RCC structure as per the regulations. The project is designed per the vastu compliances and eco-friendly layout to ensure the best living conditions. 

These premium residences are beautifully designed with all high-end amenities and a shopping plaza within the complex. This housing project is near to major highways, Banaras Hindu University and ring road with smooth connectivity. 

To pamper you and your family, it offers best-in-class amenities, which include- 

• Pool Table & Table Tennis
• Waterfall & Fountain
• Banquet/Multipurpose Hall
• Fire Fighting System
• Well-furnished waiting lounge for visitors
• Common Toilets for servants, guards, drivers
• Dedicated recreational zones with indoor TV room & table tennis
• Mini Water Park
• Beautifully landscaped Park with kid's play area
• Health Club/Gym
• Anti-termite Treatment at the foundation level
• For heat reduction it has Brick coba treatment at Terrace 
• Jogging Track
• Provisions for Rain Water Harvesting

Uma Nilayam, F Block in Varanasi, is not only premium because of its amenities but also because of its location. The location advantages of the project are- 

• Ramnagar Fort is only 1.2 km 
• NH-2 is just 2 km away 
• It is 2.5 km away from Vishwa Sundari Bypass 
• 4 km from BHU 
• 9 km from Cantt. Railway Station 
• It is just 34 km from Varanasi Airport

With premium connectivity, high-end facilities and modern interiors, Uma Nilayam is the best choice for those who are looking for a new home in this spiritual city. 

Final Words

Varanasi is an ideal destination for families due to the presence of temples and holy river Ganga. It offers a peaceful environment and green surroundings, making it a perfect living area. 

You should consider investing in apartments in Varanasi to make huge profits and stay comfortably for a long time .