Pune Pin Codes: 5 Most Affordable Areas in Pune
If you're looking for a place to live in Pune city that won't break the bank, you're in luck. Pune has many affordable pin codes where you can find a comfortable place to live at a reasonable price. In this article, we will discuss the top 5 most affordable pin codes in Pune city to live in. We will provide you with the name of the area, cost of living, average property rate, and average cost of renting a 2BHK apartment for each pin code.
Pin Code 411062: Kothrud
Kothrud is a suburban area in the western part of Pune city. It is one of the fastest-growing areas in the city and has many residential complexes, schools, hospitals, and shopping malls. Kothrud is known for its peaceful and green surroundings, making it an ideal place to live in. The cost of living in Kothrud is moderate and affordable, with a range of options for food, entertainment, and transportation. The average property rate in Kothrud is INR 7,500 per square feet, and the average cost of renting a 2BHK apartment is INR 15,000 to INR 20,000 per month.
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Pin Code 411019: Bavdhan
Bavdhan is another suburban area located in the western part of Pune city. It is a rapidly developing area that offers a blend of urban and rural living. Bavdhan is known for its picturesque surroundings, greenery, and tranquil atmosphere. The cost of living in Bavdhan is relatively lower than other areas in Pune, making it an affordable place to live. The average property rate in Bavdhan is INR 6,000 to INR 7,000 per square feet, and the average cost of renting a 2BHK apartment is INR 12,000 to INR 18,000 per month.
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Pin Code 411027: Sinhagad Road
Sinhagad Road is an upcoming suburban area in the southwestern part of Pune city. It is a rapidly developing area that offers a mix of residential and commercial properties. Sinhagad Road is known for its scenic beauty, good connectivity, and affordable living. The cost of living in Sinhagad Road is reasonable and affordable, with a range of options for food, entertainment, and transportation. The average property rate in Sinhagad Road is INR 4,500 to INR 5,500 per square feet, and the average cost of renting a 2BHK apartment is INR 10,000 to INR 15,000 per month.
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Pin Code 411044: Ambegaon
Ambegaon is a suburban area located in the southern part of Pune city. It is an upcoming residential area that offers a mix of affordable housing and commercial properties. Ambegaon is known for its scenic beauty, good connectivity, and affordable living. The cost of living in Ambegaon is reasonable and affordable, with a range of options for food, entertainment, and transportation. The average property rate in Ambegaon is INR 3,500 to INR 4,500 per square feet, and the average cost of renting a 2BHK apartment is INR 8,000 to INR 12,000 per month.
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Pin Code 411039: Hadapsar
Hadapsar is an eastern suburb of Pune city that has seen significant growth in recent years. It is a bustling area with many residential and commercial properties, including IT parks, shopping malls, and hospitals. Hadapsar is known for its good connectivity and affordable living. The cost of living in Hadapsar is reasonable and affordable, with a range of options for food, entertainment, and transportation. The average property rate in Hadapsar is INR 4,000 to INR 5,000 per square feet, and the average cost of renting a 2BHK apartment is INR 10,000 to INR 15,000 per month.
Conclusion
Pune city has many affordable areas where you can live comfortably without spending a fortune. The top 5 most affordable pin codes in Pune city to live in are Kothrud, Bavdhan, Sinhagad Road, Ambegaon, and Hadapsar. These areas offer a range of options for affordable housing, food, entertainment, and transportation, making them ideal for students, working professionals, and families. By choosing one of these pin codes, you can save money and enjoy a good quality of life in Pune city.
FAQs
The cost of living, property rates, and rental prices are the main factors that determine the affordability of an area in Pune city.
Yes, many affordable areas in Pune city have good connectivity, such as Hadapsar, Kothrud, and Sinhagad Road.
While it may be challenging to find a 2BHK apartment for rent under INR 10,000 in some areas of Pune city, Ambegaon is an affordable area where you may be able to find a rental within that budget.
Some other affordable areas in Pune city include Warje, Dhankawadi, and Katraj.
The decision to buy or rent a property in Pune city depends on your personal circumstances and financial goals. Buying a property may be a better long-term investment, but renting may be more flexible and affordable in the short term. It's important to consider factors such as your budget, lifestyle, and future plans when making this decision.
