Lanka, Varanasi

About

Overview of Lanka, Varanasi

Location and Accessibility

Lanka, found in Varanasi, stands out as a sought-after place. Near are key spots such as the Banaras Hindu University (BHU), the Sankat Mochan Temple, and the NH-2 highway connecting Kolkata to Delhi. This spot is ideal for buyers and renters. It's well-connected with top schools and religious sites.

Property Types and Prices
  • Residential Plots: Prices range widely from Rs 1,600 to Rs 12,100 per sq ft, seeing considerable growth (9.8% last year, 36.6% in the past 3 years, and 51.4% in the last 5 years).
  • Apartments and Flats: Prices start around Rs 4,923 per sq ft, averaging Rs 7,096 per sq ft. The top range reaches up to Rs 10,714 per sq ft. Choices include 2 BHK, 3 BHK, and larger units.
  • Independent Houses and Villas: Options for these include semi-furnished or fully furnished homes. An example is a 5-10 year old house with 10 bedrooms and 6 bathrooms, costing around Rs 2.4 crores.
Amenities and Infrastructure
  • Educational Institutions: BHU and other schools like Sunbeam School are nearby.
  • Healthcare: Nearby are hospitals like the Trauma Centre and City Care Hospital.
  • Shopping and Leisure: Markets, V2 mall, and other centers are close by.
  • Transportation: Well-linked to major roads and public transport.
  • Security and Amenities: Properties include 24-hour power backup, water facilities, security, and covered parking.
Appreciation and Investment Potential
  • Price Trends: Strong price growth in the area points to its investment potential. Property rates risen by 3.98% last year, with land rates going up by 9.8% last year, and 51.4% over the last 5 years.
  • Demand: Due to its top location, the area is in high demand, making it great for buying or selling.
PropertyWala's Conclusion

Lanka, Varanasi, ticks all boxes for investment in real estate or residential purposes. Its prime spot, great connectivity, and strong infrastructure make it a blend of affordable and luxury choices. Property values have gone up significantly in past years, showing it's a smart choice. For buying, renting, or selling, Lanka's high demand and price trends make it great for joining a busy and lively area in Varanasi.

Nearby

  • Transport

    • Hindustan Petroleum (<1 km)
    • Kashi (<1 km)
    • Dasaswamedh Ghat (~4 km)
    • Chaudhari Charan Singh Bus Station (~5 km)
    • Lal Bahadur Shastri International Airport (~30 km)
    • Azamgarh Airport (~130 km)
  • Shopping & Dining

    • Pizza Hut | Namo Ghat (~1 km)
    • Blue Lassi Shop (~3 km)
    • Jyoti Electronic (~4 km)
    • Vinayak Plaza (~5 km)
    • Mohan lal And Sons (~8 km)
    • Jalalipatti Market (~13 km)
  • Healthcare

    • Birla Hospital (~1 km)
    • Zee Medicals (~2 km)
    • Zeelab Pharmacy (~3 km)
    • SSP Distric Hospital (~3 km)
    • Tandon Multispeciality Hospital and Ishita Modern Eye Care Centre (~3 km)
    • Chandra Nursing Home, Varanasi (~3 km)
  • Education

    • Queens College (~4 km)
    • Sampurnanand Sanskrit University (~4 km)
    • Mahatma Gandhi Kashi Vidyapeeth (~6 km)
    • Sunbeam School Varuna (~8 km)
    • Udai Pratap College (~9 km)
    • Shrinivas Despande IIT(BHU) Main Library (~12 km)
  • Leisure & Entertainment

    • Machodari Park (~1 km)
    • Dr. Sampurnanand Sports Stadium (~6 km)
    • Crocodiles (~8 km)
    • BLW Cinema Hall (~11 km)
    • BHU Swimming Pool (~11 km)
    • BLW Golf Course (~12 km)
  • Services

    • HDFC Bank ATM (~1 km)
    • Punjab National Bank (~2 km)
    • Water Police Varanasi (~4 km)
    • Varanasi Civil Court (~7 km)
    • Passport Seva Kendra (~9 km)
    • Telegraph Office (~9 km)
  • Religious Places

    • Lal Khans Mosque (~1 km)
    • Namo Ghat (~1 km)
    • Sri Aghoreshwar Bhagwan Ramji Samadhi (~2 km)
    • Kashi Vishwanath Dham, varanasi (~3 km)
    • Nepali Mandir (~3 km)
    • Gyanvapi Mosque (~4 km)
  • Business & Hospitality

    • Taj Nadesar Palace (~6 km)
    • Taj Ganges Varanasi (~6 km)
    • DoubleTree by Hilton Varanasi (~6 km)
    • Banaras Loco Works - DLW Varanasi (~11 km)
    • Ramnagar industrial area (~14 km)
    • Brickworks (~20 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Lanka

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News

Centre Approves ₹14,447 Crore Ganga Elevated Corridor in Varanasi

MagicBricks · · Infrastructure

The Centre approved a ₹14,447.64 crore, 46-km corridor linking NH-19 and Varanasi Ring Road, targeting faster journeys and reduced congestion.

Key facts

The 46-km Ganga Elevated Corridor will connect NH-19 with Varanasi Ring Road (NH-135B), with construction expected to take about five years from its start. Planned by the Cabinet Committee on Economic Affairs, it will be developed under the Hybrid Annuity Model. The overview lists civil costs of ₹6,037.85 crore and land costs of ₹541.11 crore; it also cites a ₹10,998.32 crore, 43.218-km Varuna River Elevated Corridor and a dedicated elevated spur between BHU/Lanka and Samne Ghat.

Travel from NH-19 to the Ring Road is expected to fall from 60 to 20 minutes, and travel to Kashi Railway Station from about 50 to 25 minutes. Together with the Varuna corridor, it is estimated to cut congestion on Varanasi’s existing roads by up to 40%.

Structures include a 910-metre cable-stayed bridge over the Ganga, a 1.32-km extradosed foot-over-bridge-cum-major bridge with travelators towards Kashi Vishwanath Temple, and a rail overbridge crossing the existing and proposed Malviya Bridge. The project also includes loops, ramps, service roads, emergency parking bays, noise barriers and architectural lighting, and is planned under the PM Gati Shakti National Master Plan.

It will improve access to Lal Bahadur Shastri International Airport, railway stations, Pt. Deen Dayal Upadhyay Junction, the Ramnagar IWAI Port, tourist destinations and religious sites. Stronger property demand and investor interest are anticipated around NH-19, the Ring Road, Ramnagar, Samne Ghat, Lanka and peripheral areas.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Price Trends

Locality ID
A111322831
PinCode
221001