Moradabad Pin Codes: 5 Most Expensive Areas in Moradabad
If you are planning to move to Moradabad, it is important to know the cost of living in different areas. Moradabad is a rapidly developing city in the state of Uttar Pradesh, India. It is home to a variety of industries and has become a hub for manufacturing and trade. With the increasing demand for property, the cost of living in certain areas of the city has gone up significantly. In this article, we will discuss the 5 most expensive pin codes to live in Moradabad city, along with the average property rates and rental costs for 2BHK apartments.
Pin Code 244001: Civil Lines
Civil Lines is one of the most sought-after residential areas in Moradabad. It is known for its greenery, peaceful environment, and proximity to important locations such as the railway station and bus stand. The average property rate in this area is around INR 10,000 to 12,000 per square foot. The average cost of renting a 2BHK apartment is around INR 15,000 to 20,000 per month.
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Pin Code 244102: Kanth Road
Kanth Road is another popular residential area in Moradabad, located on the outskirts of the city. It is well-connected to other parts of the city and has good infrastructure. The average property rate in this area is around INR 8,000 to 10,000 per square foot. The average cost of renting a 2BHK apartment is around INR 12,000 to 15,000 per month.
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Pin Code 244001: Majhola
Majhola is a residential area located in the southern part of Moradabad. It is known for its peaceful surroundings and good connectivity to other parts of the city. The average property rate in this area is around INR 7,000 to 8,000 per square foot. The average cost of renting a 2BHK apartment is around INR 10,000 to 12,000 per month.
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Pin Code 244001: Buddhi Vihar
Buddhi Vihar is a residential area located in the eastern part of Moradabad. It is a well-planned locality with good infrastructure and amenities such as schools, hospitals, and parks. The average property rate in this area is around INR 6,000 to 7,000 per square foot. The average cost of renting a 2BHK apartment is around INR 8,000 to 10,000 per month.
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Pin Code 244001: Rampur Road
Rampur Road is a busy commercial and residential area in Moradabad. It is well-connected to other parts of the city and has a good mix of residential and commercial properties. The average property rate in this area is around INR 5,000 to 6,000 per square foot. The average cost of renting a 2BHK apartment is around INR 7,000 to 9,000 per month.
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Conclusion
The cost of living in Moradabad varies depending on the area. The 5 most expensive pin codes to live in the city are Civil Lines (244001), Kanth Road (244102), Majhola (244001), Buddhi Vihar (244001), and Rampur Road (244001). The average property rates in these areas range from INR 5,000 to 12,000 per square foot, and the average cost of renting a 2BHK apartment ranges from INR 7,000 to 20,000 per month.
FAQs
You can approach a real estate agent or search online for properties in Moradabad. It is important to do your research and visit the property in person before making any decisions.
Apart from the cost of living, you should also consider factors such as transportation, healthcare, education, and safety when moving to Moradabad. It is important to do your research and plan accordingly before making the move.
It depends on your personal circumstances and financial situation. If you plan to stay in Moradabad for a short period, renting might be a better option. However, if you plan to stay for a longer period, buying a property can be a good investment.
Yes, there are several areas in Moradabad where the cost of living is relatively lower compared to the ones mentioned in this article. Areas such as Moradabad Cantt, Moradabad Bypass, and Ram Ganga Vihar are some of the affordable options to consider.
The cost of living in Moradabad depends on several factors such as the location of the area, the availability of infrastructure and amenities, the demand for properties, and the overall development of the area.
