Property Rates in Varanasi, Bangalore 2026

Property rates in the areas surrounding Varanasi show significant variation, reflecting diverse market demand. As of Jun 2026, Mahadevpura commands a premium at ₹18,150 per sq ft (depreciating by 0.12% compared to the previous period), while Ramamurthy Nagar and Horamavu offer more accessible entry points at ₹7,700 per sq ft and ₹8,750 per sq ft, respectively. Notably, Horamavu has seen strong growth, appreciating by 31.92% over the observed period, while KR Puram currently averages ₹11,450 per sq ft, having experienced a minor depreciation of 0.61%.

As of Jun 2026, the average asking price for a villa in Varanasi is ₹9,150 per sq ft. This segment has shown robust performance, having appreciated by 13.34% over the comparison period, indicating that luxury or independent housing options are seeing increased buyer interest in this locality.

Ready-to-move properties in Varanasi are currently priced at an average of ₹5,900 per sq ft as of Jun 2026. This segment has seen a slight market correction, depreciating by 0.73% over the observed period. For homebuyers prioritizing immediate possession, this price point offers a stable entry into the local residential market.

Among the prominent projects in Varanasi as of Jun 2026, Samhitha Residency leads with a listing rate of ₹6,200 per sq ft, though it has seen a depreciation of 2.9% over the comparison period. Other notable projects include Sai Anugraha at ₹5,950 per sq ft (which appreciated by 3.89%) and SVR Icon Heights, also at ₹5,950 per sq ft (depreciating by 1.16%). These projects highlight the range of premium residential options available for those looking at established developments in the area.

The rental market across the neighbourhoods around Varanasi is remarkably uniform, with most areas, including NRI Layout, K Channasandra, Ramamurthy Nagar, and Mahadevpura, currently commanding an average rental rate of ₹50 per sq ft as of Jun 2026. While many areas have seen stable rental trends, some have experienced fluctuations; for instance, Mahadevpura has seen a significant appreciation of 17.5%, whereas KR Puram has seen a depreciation of 7.89% in rental rates over the same period.

Investors should note that the rental market in the Varanasi vicinity is currently anchored at ₹50 per sq ft across most key localities as of Jun 2026. While the rental rate remains consistent, the varying appreciation and depreciation percentages—such as the 17.5% growth in Mahadevpura versus the 7.41% depreciation in Aavalahalli—suggest that rental income potential is highly sensitive to the specific sub-market. Investors should balance these rental trends against the local sale prices to determine the most viable areas for long-term rental yield.