Renting flat in Pune
The cost of living index of Pune is way lower than a high-tech city like Bengaluru. 

Last Updated on September 25, 2024 3: 36pm

Situated alongside beautiful hills and ample natural beauty all around, the city of Pune is known for its cultural diversity and pleasant weather conditions throughout the year. Being a major IT hub and educational hotspot, Pune witnesses the inflow of thousands of students and young working professionals from all parts of the country. Most of them search for affordable accommodations, including flats for rent in Pune.

Ready for a challenge? Click here to take our quiz and show off your knowledge!

Pune is one of the fastest-growing cities in India, witnessing immense growth and development across all realms. While it is bustling with culture and vibrance throughout, the city also boasts an extensive array of options when it comes to affordable, convenient accommodation, including PGs and flats for rent in Pune. Stanza Living is your one-stop destination when you are searching for flats for rent in Pune to co-live with others and save money. 

What is the Average Cost of Living in Pune?

As a vibrant city that serves as a major contributor to the nation’s per capita income, Pune is still considered cheaper than other mega-cities, like Mumbai and Delhi. The cost of living index of the city is way lower than a high-tech city like Bengaluru. 

When you are searching for reliable accommodation options, like a PG or a flat for rent in Pune, it is always suggested that you be mindful of how much you wish to spend and how much you are willing to save. Here is a breakdown of how much you need to spend to survive in a bustling city like Pune:

Ready for a challenge? Click here to take our quiz and show off your knowledge!

  • Security deposit: usually 3-4 months of rent
  • Broker’s commission: Around one month of rent
  • 1 BHK flat for rent in Central Pune: Around INR 15k per month
  • Groceries: INR 3,000 monthly
  • Utilities: Around INR 2k monthly
  • Purchasing basic furniture and appliances: Around INR 30k to INR 90k every month
  • Leisure Activities: Around INR 5k to INR 10k monthly

Where Should You Stay in Pune?

Every year, the city welcomes thousands of students and young professionals for an amazing metropolitan living experience. The city aims to achieve this by boasting its impressive history and the overall elegance of a historic place. 

When you wish to rent a flat in Pune or book a PG, here are some core considerations while deciding where to stay in the city:

  1. Daily Commute: Unlike any mega city’s extensive bus network and the convenience of an inter-connected rail system, Pune features only a single local rail network. The train network runs from Pune Station to Lonavala. Until now, there is no monorail network. However, the city is effectively connected through the metro lines. 

At the same time, you can also find excellent connectivity through expressways and highways across the city. For instance, you can try the PMPML or Pune Mahanagar Parivahan Mahamandal Limited and the BRTS or Bus Rapid Transit System. Irrespective of your mode of commute, you should look for accommodation that is within the 5-km radius of your educational institution or workplace to beat traffic and chaos. 

  1. Locality: As Pune is a booming metropolitan city, you will come across several PGs and even flats for rent to cater to your specific accommodation needs. As a city, Pune is slightly relaxed and laid-back in comparison to other metropolis like Mumbai. 

Some of the highly sought-after areas for rental accommodation by students and working professionals in Pune are Mohan Nagar, Gokhale Nagar, Viman Nagar, Park Town, and Ashoka Nagar. Additionally, Pune is also regarded as a safe city with minimal violence rates. Ideally, it is recommended to choose a locality that is close to your workplace or educational institution.

  1. Convenience Stores: It is suggested that you be acquainted with your surroundings by searching for convenience stores and important landmarks to obtain a better sense of the locality. In addition to being cheaper and safer throughout, Pune also boasts a number of shopping malls and complexes to cater to your diverse needs.

If you are fond of shopping, you can explore some of the famous shopping malls in Pune, including Inorbit, Central Mall, Seasons Mall, and Amanora Town. Moreover, if you like thrift shopping, you can explore areas like Laxmi Road, M. G. Road, and FC Road to leave you wanting for more.

  1. Leisure and Recreational Requirements: Pune is a complete platter offering something for everyone. There is a lot to be involved in when you are in Pune due to the ease of accessibility and overall convenience. From thrilling road trips to Lonavala to visiting historic sites like Shivneri Fort, the city boasts a number of breathtaking points for you to chill out.

Should You Rent an Unfurnished or a Fully Furnished Apartment in Pune?

There is no denying the overall convenience and ease of moving into a fully furnished apartment. However, you also need to consider the capital commitment and high rental prices in this case. Pune is not as crowded as other megacities. Still, it can be slightly challenging to come across the ideal fully furnished flat for rent in Pune.

Platforms like Stanza Living cater to your specific accommodation needs by providing a list of fully furnished apartments for rent in Pune. Whether you are a college student or a working professional in the city, you can browse through the extensive list of fully furnished flats for rent in Pune and select the one based on your location and amenities specifications. 

Conclusion 

It is time to start the entire house-hunting process. With a reliable platform lika Stanza Living by your side, you don’t have to worry anymore! Stanza Living puts forth an extensive list of the best PGs and flats for rent in Pune in different areas. Based on your specific accommodation requirements, you can choose the best option for you.