Srinagar Pin Codes: 5 Most Affordable Areas in Srinagar
Srinagar, the summer capital of Jammu and Kashmir, is known for its scenic beauty and historical landmarks. The city has a rich culture and offers a vibrant lifestyle to its residents. However, finding affordable housing in the city can be a challenge. In this article, we will discuss the 5 most affordable pin codes in Srinagar city to live in, along with the cost of living, average property rate, and average cost of renting a 2BHK apartment.
Pin Code 190001 - Raj Bagh
Raj Bagh is a residential area located in the heart of Srinagar city. It is one of the most preferred areas to live in due to its proximity to commercial areas and educational institutions. The cost of living in Raj Bagh is moderate, and the average property rate is around INR 6,500 per square foot. The average cost of renting a 2BHK apartment in Raj Bagh is around INR 12,000 to INR 15,000 per month.
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Pin Code 190008 - Karan Nagar
Karan Nagar is a bustling residential area located in the western part of Srinagar city. The area is known for its markets, shopping centers, and healthcare facilities. The cost of living in Karan Nagar is relatively low, and the average property rate is around INR 5,500 per square foot. The average cost of renting a 2BHK apartment in Karan Nagar is around INR 10,000 to INR 12,000 per month.
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Pin Code 190009 - Batamaloo
Batamaloo is a commercial and residential area located in the central part of Srinagar city. The area is well-connected to other parts of the city and offers easy access to public transportation. The cost of living in Batamaloo is affordable, and the average property rate is around INR 5,000 per square foot. The average cost of renting a 2BHK apartment in Batamaloo is around INR 8,000 to INR 10,000 per month.
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Pin Code 190012 - Bemina
Bemina is a residential area located in the northwestern part of Srinagar city. The area is known for its peaceful environment and scenic beauty. The cost of living in Bemina is low, and the average property rate is around INR 4,500 per square foot. The average cost of renting a 2BHK apartment in Bemina is around INR 8,000 to INR 10,000 per month.
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Pin Code 190018 - Rawalpora
Rawalpora is a residential area located in the southwestern part of Srinagar city. The area is known for its parks and recreational facilities. The cost of living in Rawalpora is moderate, and the average property rate is around INR 5,500 per square foot. The average cost of renting a 2BHK apartment in Rawalpora is around INR 10,000 to INR 12,000 per month.
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Conclusion
Finding affordable housing in Srinagar city can be challenging, but the above-mentioned pin codes provide some of the most affordable options. The cost of living and the property rates are comparatively low in these areas, making them ideal for those looking for affordable housing options in Srinagar city.
FAQs
Other areas in Srinagar city that offer affordable housing options include Gogjibagh, Zakura, and Nishat.
Yes, tenants may be required to pay maintenance charges, electricity charges, and other fees as per the terms and conditions of the rental agreement.
Yes, some landlords offer fully-furnished apartments for rent in these pin codes, but they may come at a higher rental cost.
Yes, all of the above-mentioned pin codes have educational institutions located within their vicinity.
Yes, these pin codes are considered to be relatively safe to live in, but it is always advisable to take necessary precautions and follow safety guidelines to ensure personal safety and security.
