Real Estate Overview of Hyderabad Gate, Varanasi

Hyderabad Gate in Varanasi is a popular spot for both those buying and renting properties due to its strategic positioning and the facilities available.

Location and Connectivity: Hyderabad Gate is positioned near the Banaras Hindu University (BHU), making it fascinating for students, faculty members, and workers in the university. The locality also lies close to other important areas such as Suswahi, Chitaipur, Mahamanapuri Colony, and Bhagwanpur, ensuring excellent connectivity and access to various social amenities.

Property Prices: For those buying, property prices in Hyderabad Gate differ widely. The prices fluctuate from ₹57 Lac to ₹1.24 Cr, depending on the place, size, and type of property. The average price per square foot here is around ₹4,571.

Rental Options: The area provides renters with many choices. Rental properties include 1 BHK, 2 BHK, and 3 BHK flats and houses. Monthly rents range from ₹3,000 to ₹30,000. Specifically, a 2 BHK flat can be rented for around ₹8,000 to ₹12,000 per month, and a 3 BHK flat for ₹25,000 per month.

Facilities and Infrastructure: The locality is loaded with essential amenities like schools, hospitals, shops, and public transportation. It’s also near landmarks like the Banaras Hindu University, Sankat Mochan Temple, and various hospitals, making it a convenient place to live. Many properties are in calm and serene surroundings with facilities such as CCTV security, large balconies, and open spaces like the ITI ground.

Desired Tenants: The landlords generally favor renting to bachelors or families with some properties noted as suitable for either or both types of tenants.

PropertyWala's Verdict

Hyderabad Gate, Varanasi, offers a compelling real estate option for both buyers and renters. Its closeness to BHU and other key spots, along with an array of property options and competitive rates, make it an attractive pick. The area's excellent connectivity, availability of amenities, and safe environment enhance its appeal. Whether looking to buy or rent, Hyderabad Gate provides a balance of ease, comfort, and worth.