Overview of Karaundi, Varanasi

Location and Connectivity

Karaundi lies in Varanasi, boasting a strategic spot connected to the city's main hubs. It's near major spots like Varanasi Cantt, Manduadih railway station, and the Varanasi corridor, appealing to both locals and investors.

Property Rates

• Properties in Karaundi average around Rs. 5,151 per square foot.
• Rates vary, from Rs. 4,117 to Rs. 6,190 per square foot.
• Property rates have seen a decrease of 13.6% year-over-year, hinting at a possible buying time.

Types of Properties

• Residential Plots: Sizes vary from 800 sq-ft to 11000 sq-ft. Prices range from 9.6 Lac to 1.20 Cr depending on location and size.
• Independent Houses and Villas: Starting at Rs. 5,000 and going up to Rs. 6,000 per square foot.
• Flats and Apartments: Example, a 2 BHK flat could be available for ₹ 85 L for 1,290 sq-ft.

Amenities and Infrastructure

• Nearby hospitals, banks, temples, markets.
• Road access includes various widths (5m, 10m, 20m).
• Some plots offer perks like garden/park views, increasing their worth.

Rental Options

• Renters can find 3 BHK flats for ₹20,000 monthly (plus ₹30,000 deposit) and 2-bedroom houses for ₹8,500 per month.

Investment Potential

• Karaundi is seen as a valuable investment due to its location and great connectivity.
• With prices down each year, it seems like a smart buy/invest time.

PropertyWala's Final Take

Karaundi in Varanasi provides a strong real estate option for those wanting to buy or invest. The town's mix of property kinds, from plots to villas and flats, serves different buyers well. Its excellent connectivity and close amenities make it enticing for people wanting to live or invest in Varanasi. However, before acting, it’s wise to look into current market trends.