The time has come for this city to rise from its slumber and experience an all-round development
Varanasi, also called Banaras, was in limelight during the General Elections 2014. Varanasi is on the latest list of Smart Cities Project. PM Narendra Modi launched seven new projects worth `5,000 crore on his last visit. Hence, the developers and the investors have high hopes from this city rising from its state of slumber.
Booming regions
The main concern is to improve the connectivity with suburbs like Bhagwanpur, Ashapur, Chunar, etc. The Varanasi Bypass Ring Road project worth `261 crore will further improve the infrastructure thereby boosting the growth opportunities. With a rapid increase in the number of residential projects launched in and around Varanasi, areas such as Sigra, Mahmurganj, Maldhiya, etc., have seen tremendous growth in the property value.
This story is from the December 2016 edition of Outlook Money.
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This story is from the December 2016 edition of Outlook Money.
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