Rents of IT-driven localities are affordable in Pune.

Q: Hi, if you are looking for a low budget rental accommodation in Pune, Kharadi and Bavdhan will be your ideal pick.

Kalki K,

24th February 2015

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Replies (7)

Hello Sunil,
A 1BHK unit sized from 600-1000 sq-ft. is available on rent for Rs 6000-20000/month, 2BHK apartment with an area of 1000-1200 sq-ft. is available on rent for Rs 10000-24000/month. On the other hand, rental values of a 3BHK unit with an area of 1000-1500 sq-ft. can be leased for Rs 13000-25000/month.

Monica, Bangalore

28th February 2015

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@Stephen,
I am a service person and wanted to relocate in Bavdhan. Can you tell me what is the rent of 2BHK in 1000 sq-ft in Bhavdhan?

Sunil Sharma, Noida

27th February 2015

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Hi Monica,
In terms of connectivity, Bhavdhan is well linked with Baner, Aundh, Kothrud, Pashan, Paud Road and the Pune University. Nearest railway station is at a distance of approximately 10 km and the airport at 15 km.

Alex Stephen, Chennai

26th February 2015

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Hi Mritunjoy & all,
You can not forget the contribution of Bavdhan in the realty market of Pune. Strategically located at the Mumbai Bangalore national highway, Bavdhan serves as a significant suburb to Pune. Today, Bavdhan is well known as one of the fastest growing peripheral locality near Pune. It boasts of the right mixture of planned residential, commercial development, connectivity and scenic surrounding.

Monica, Bangalore

25th February 2015

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Thanks for the information Mritunjoy,
What are the various sizes available for rent in kharadi and its approximate rent?

Supratim,

24th February 2015

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Okey...
You can find 1BHK units in sizes of 500-1000 sq-ft within the rental range of Rs 5000-20000/month, 2BHK units of 700-1500 sq-ft at rental values of Rs 9000-30000/month. A 3BHK unit of size 1500-2000 sq-ft in the area is available within a monthly rent of Rs 15000-40000.

Mritunjoy Deb,

24th February 2015

You are right Mritunjoy,
Presence of various renowned IT companies here such as Wipro, Reliance, Synechron, Honeywell, Zensar, Mphasis (EDS), Eclypsis, among others has perked up the advantages of investing in the area.

Supratim,

24th February 2015

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Well Supratim,
As far as localities is concerned, Kharadi is a very prime residential location in Pune and is well connected by trains, buses and public transportation modes. Schools, hospitals, banks, hotel, vegetable markets and all daily conveniences are available within this locality.

Mritunjoy Deb,

24th February 2015

Hi Kalki,
Areas such as Kharadi and Bavdhan in Pune registered maximum drop in rental values in the present quarter.
Kharadi, located on the eastern corridor of Pune is a rapidly developing locality. It is in close proximity to Pune Municipal Corporation. Developed social infrastructure has made Kharadi a preferred choice for residence among end-users mainly the software professionals. Many gated residential projects with luxury facilities can be found in the locality. The area is slum free and offers a good quality of life.

Mritunjoy Deb,

24th February 2015

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