October 04, 2022

Best Areas To Live In Pune For Every Budget

Curious about the best area to live in Pune? What are you, bro? A start-up founder that’s got a million bucks to spare? Ok, jokes apart, we get what you wanna know. The best possible area that you can afford under your budget, right? So you can achieve your dream of living in a swanky area without breaking your fixed deposit? Well, no worries. We’ve already compiled the list of the best residential areas in Pune for every budget.

And nope, we’re not doing you any favors. In fact, it’s our full-time job at our Stanza Living residences to help out young migrants like you who’re living away from your hometown. It’s why all of our 450+ residences across 24 cities are located in prime localities near top colleges and corporate areas. So if you don’t find a rental place in an area where you want to move, you can be sure to find at least one of our residences there for sure. Now, read on. So you can note down the best places in Pune to live and decide which ones will fit under your budget among them.

Best areas to live in Pune for every budget in 2022

Top contenders for the title ‘best place to live in Pune’ in decreasing average monthly rents.

Looking for a place with professional housekeeping and laundry facilities? Check out our residences in Pune.

Eran Dwane

Eran Dwane is, for sure, one of the poshest areas in Pune. The streets are clean. The surroundings are filled with greenery. And it’s home to luxurious villas and bungalows. So yeah, you have to spend quite a fortune to rent or own a place here. But your life would be pretty sorted, you know. Except people would be confused when you say you stay at Eran Dwane. Which basically sounds like a random character that’s gonna be killed off in House of the Dragons.

Koregaon Park

So what is it with every area that ends with the word ‘park’ also happens to be posh? Well, that might just be a coincidence, but the property prices in Koregaon park are most definitely not. And one of the reasons the rent is so high is because the neighborhoods are full of greenery. The kind of greenery that actually makes you want to take a walk on Sunday morning and drop by the nearest place to get waffles. Imagine.

Hinjewadi

If the IT hub of Pune is what made the Pune that we know of today, then Hinjewadi has been the center of all that action. And despite it being the hotspot for working professionals, it’s relatively cheaper to afford living here. Most of the IT folks live here by sharing apartments. So if your workplace is located in and around Hinjewadi, then look no further than hunting for rental accommodation here.

Kothrud

Kothrud is one of the most in-demand areas in Pune. And that’s no surprise given it’s got a place in the Guinness Book of World Records as Asia’s fastest developing suburb. Thanks to the top corporate hubs and colleges nearby. Also, Kothrud is not your typical residential area. In fact, there are loads of low-key touristy places too. Like the Cycle museum of Vikram Pendse. So you can only imagine how cool of a locality Kothrud is.

Dhankawadi

Another one of the best places to live in Pune is Dhankawadi. Especially for students. And for good reason. The apartment rents are reasonable. The area’s well-connected both by bus and auto rickshaws. And most of the good colleges are located pretty close to it. Plus, like every other student area, Dhankwadi’s got a lot of ‘adda’ spots too. The kind where you and your gang order plates upon plates of maggi and then sweet talk the owner uncle to pay it the next day.

FAQs on Best Areas to Live in Pune

Which are the Most Posh Areas to Live in Pune?

If your wallet’s not too tight, these are most posh areas in Pune to live:

  • Eran Dwane
  • Koregaon Park
  • Hinjewadi
  • Kothrud
  • Dhankawadi

Which are the Best Areas in Pune for Working Professionals to Stay?

Best areas in Pune for working professionals to stay in 2022:

  • Hinjewadi
  • Kothrud
  • Hadapsar

What is the Average Monthly Rent of Co-living Spaces in Pune?

Here are the average monthly rents of co-living spaces in Pune:

Type of occupancy

Managed apartments

Single room

Rs. 9,000/- to Rs.14,400/-

Double sharing

Rs. 6,000/- to Rs. 12,500/-

Triple sharing

Rs. 6,700/- to Rs. 12,000/-

Managed apartments

Rs. 11,299/- to Rs. 21,099/-

Can I Make My Own Rental Agreement Online?

To make your own rental agreement online, here are the steps you can follow:

  • Find a rental agreement online
  • Fill in the blanks
  • Pay the necessary charges
  • Download or get it delivered to your doorstep

Are Co-living Spaces the Best Option for Working Professionals?

Without beating around the bush, these are the reasons why co-living spaces are the best option for working professionals:

  • Saves time on commute
  • Personalised amenities
  • Being part of a community
  • Greater flexibility
  • Zero living hassles
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