Why Investing in Awadh Ambrosia is a Wise Choice in Varanasi
Varanasi, or Banaras, is the spiritual city of India. It is known for its temples, holy ghats and traditional values. It is one of the most famous cities in India, situated on the banks of the holy River Ganga.
Varanasi attracts tourists and religious followers from all over India all the year. It has been attracting investors lately because of growing infrastructure, affordable housing rates and improved connectivity.
The city is a tourist spot and has been known for its educational hubs since ancient times. It has been attracting scholars from all over India since earlier ages to present times.
This has led to the city's growing housing market and a modern lifestyle wrapped with traditions and values.
Many residential projects in the city are gaining popularity as job opportunities and the number of scholars are increasing.
Awadh Ambrosia is a well-designed property in Varanasi for homebuyers who want to experience a premium lifestyle.
The top reasons for investing in Varanasi's housing market are-
1- Growing Infrastructure developments- The city is undergoing rapid infrastructural developments. For instance, the Central Government is planning to develop the MCH wing in Banaras Hindu University with an investment of ₹1500 crores.
To improve connectivity between Varanasi and Ghazipur, a three-lane highway is also planned. Additionally, the Kashi- Vishwanath Corridor has been one of the major developments to make commuting easy from the sacred Kashi Vishwanath temple to the holy ghats of Varanasi.
Several other developments include the betterment of education systems, the installation of safety and security systems and children's welfare activities.
These pointers ensure that the city is a stable market for real estate investments due to the growing population and change in improving social infrastructure.
2- Economical Aspects- The city is attracting national and global investors. Varanasi is a tier 2 city, and as compared to tier 1 cities like Mumbai, Delhi and Bangalore, residential properties in Varanasi are more affordable, i.e. low living costs.
Properties here are suitable for those looking for a new home on a budget without compromising with luxury.
3- Growing Rental Market- The city is a popular tourist spot and an educational hub. Many top universities such as BHU, Ashoka Institute of Technology, KIT Varanasi, and IIT BHU are some of the well-known institutes.
As the number of scholars is increasing, so is the demand for more rented apartments and a place to stay. Thus, the rental market is growing in the city, making it a profitable opportunity to invest in residential property in Varanasi.
4- Family Friendly- Being a spiritual city, Varanasi is an ideal place for families to stay. Major events celebrated with full pomp and show are Ganga Mahotsav, Hanuman Jayanti, Diwali, and Dev Dipawali.
These celebrations make a perfect time for families to come together and celebrate.
Moreover, Varanasi has been consecutively recognised as the 'Best Ganga City' for 2 years in the Swachh Bharat Survey conducted by the Union Ministry of Housing and Urban Affairs.
5- Smooth Connectivity- Varanasi has a well-established road, rail and air transport network. It offers easy accessibility to many important areas in the city and other cities.
It is well-connected with some of the major highways, such as NH 7, 19, 35, 31 and 223. Adding to that, the city has an inland port covering approximately 1.26 million metric tons (approximately) of cargo annually.
These reasons make Varanasi a top choice for residential investments. Awadh Ambrosia in Varanasi is one of the best choices for those looking for a new home.
Let's read about Awadh Ambrosia in detail for specifications and features.
AWADH AMBROSIA- THE FINEST WORLD OF LUXURY LIVING
Awadh Ambrosia is located in the Harhua region in Varanasi. It's a RERA registered project spread over 6474.97 sq.m. With an earthquake-resistant structure that is approved by IIT BHU, this premium project offers spacious 2 and 3 BHK apartments.
Awadh Group is the developer of this project and has a successful track record. A few of their notable delivered projects include Awadh Ashoka, Awadh Homes, and Awadh Apartment.
The high-end amenities that make this project an attractive choice for investors are-
• Gym & Swimming Pool
• Yoga & meditation area
• Badminton Court & Jogging Track
• Landscaped gardens
• 80 ft wide road
• Common area for functions
• JKids play area
• Senior citizens garden
• Covered car parking area
• Proposed temple
The project is in demand due to its offerings and as more people are shifting due to recent developments. Our prime minister, Shri Narendra Modi, has also announced plans to turn the city into a heritage centre, boosting the city's real estate market.
This residential property in Harhua, Varanasi, is close to major other areas in the city. The location benefits are-
• Harahua Crossing- 250m
• St. Joseph Convent school- 6km
• Ring Road - 2 km
• Varanasi railway station - 12 km
• Shivpur railway station - 6 km
• International Airport- 8 km
• Proposed metro - 1 km
Final Words
Investing in real estate is more beneficial than other assets like bonds, stocks and gold. It is suitable for long-term investments and offers tax benefits as well.
In terms of ROI, residential real estate offers high returns. There are many residential projects in Varanasi where one can invest to get high returns on investment.
Consider investing in Awadh Ambrosia in Varanasi, as it makes an ideal place to stay with family and enjoy a premium lifestyle. For more information regarding the project, get in touch with us.