Overview of Parao, Varanasi in Real Estate

Parao in Varanasi holds a thriving real estate market, becoming ever more attractive for both buyers and renters.

Connections and Amenities: Parao is conveniently connected, benefiting residents. This area is known for its good infrastructure, and it's part of many emerging and established projects, boosting its livability and ease.

Types of Properties and Prices: This area includes several types of properties like plots, apartments, and standalone houses. Here are a few specifics:

• Plots: Prices hover around ₹32.7 Lac on average, with median prices of ₹20.6 Lac. Plot sizes vary, and per square foot prices range from ₹1,650 to ₹4,197.
• Apartments: They range in price from ₹46.71 Lac to ₹64 Lac, in 2 BHK, 3 BHK, and 4 BHK configurations. The cost per square foot is generally ₹4,322 to ₹4,406.
• Standalone Houses: At least one 4 BHK home is available, priced at ₹65 Lac with an average price per square foot of ₹4,321.

Budget-Friendly Options: Parao has properties catering to multiple budgets:

• For less than ₹20 Lakhs: Many plots and smaller units are available.
• For less than ₹50 Lakhs: Though options are fewer, there's availability.
• Under ₹75 Lakhs: A vast selection includes both apartments and larger plots.

Communities and Developments: Key residential areas in this zone include Ganpati Estate and Rudra Ganges. Properties in Ganpati Estate range from ₹15 Lac to ₹19 Lac, while Rudra Ganges offers properties at around ₹60 Lac. Projects like Mayur Vihar also exist here, offering move-in ready options.

PropertyWala’s Last Thoughts

When exploring property purchases or rentals in Parao, Varanasi, the range provides a good mix of affordability, transport links, and lifestyle choices. Whether you’re looking to buy a plot to build, settle in an apartment, or find a standalone house, Parao has offerings to meet diverse needs and budgets. Its ongoing development and solid existing framework make it a smart real estate bet in Varanasi.