Overview of Pandeypur, Varanasi

Location and Accessibility

Pandeypur, which is in Varanasi, provides strong connectivity to major city parts. It's near key spots like Ghazipur Road, Rudra Tower, and the famous Buddhist site of Sarnath, found just 3.8 km away.

Property Prices and Trends

• Average Price per Sq.Ft.: Properties in Pandeypur average at ₹5,864 per sqft with prices varying from ₹3,880 to ₹7,563 per sqft.
• Year-over-Year Growth: Property rates here have jumped significantly by 23.37% in the previous year.

Types of Properties Available

• Apartments:
  • Prices range from ₹48 Lac to ₹55 Lac for 2 BHK flats and ₹65 Lac for 3 BHK apartments.
  • The average price per sqft usually falls at around ₹5,864.
• Independent Houses:
  • Flats range in price from ₹48 Lac to ₹55 Lac.
  • The average price per sqft averages around ₹6,424.
• Villas:
  • Starting prices at ₹65 Lac.
  • Average per sqft stands at around ₹6,842.
• Plots/Land:
  • Average price at ₹64.6 Lac with a median price of ₹55 Lac.
  • Plot sizes vary including dimensions like 60 X 17 allowing up to 4-5 floors.

Amenities and Infrastructure

• Road Connectivity: Many plots and homes have access to wide roads such as 12m, 20m, and 30m roads for good accessibility.
• Landmarks and Proximity:
  • Near schools, hospitals, and hotels.
  • Close to landmarks such as Golu Provision Store, Hanuman Temple, and world-renowned Sarnath.
• Infrastructure:
  • Has well-planned concrete roads.
  • Close to parks/gardens and other recreational zones.

Rental Options

• Houses/Villas:
  • Available for rent with prices starting from around ₹9,000 per month for a 2 BHK house with a plot size of 1400 sq ft.

Investment Potential

• Growth Prospects: The region has witnessed a major year-over-year growth in property rates, making it a good investment area.
• Demand: It’s appealing for both users and investors due to its location and improving infrastructure.

PropertyWala's Conclusion

Pandeypur in Varanasi is an enticing choice for buyers and renters alike, offering both affordable and luxurious homes. Its strong yearly growth in property values, connectivity, and proximity to essential landmarks make it a great real estate investment. Whether you want to buy an apartment, independent house, or plot, Pandeypur has various options for different budgets and needs.