Pune, Mumbai’s affordable cousin, was placed first in the liveability index provided by the Union Housing and Urban Affairs ministry. Pune has outperformed all other 110 cities examined by the government in terms of liveability index, which is based on accessibility to various facilities. Pune came in second place in the categories of ‘guaranteed water supply and reduction in pollution,’ while ranking fourth in the categories of ‘health’ and ‘public open spaces.’
And one neighbourhood, which has become residents’ and investors’ favourite in Pune is Kharadi.
Kharadi, formerly known as an underdeveloped Pune border suburb, is now home to huge IT complexes, corporate buildings, residential neighbourhoods, and shopping malls. Leaving Magarpatta, Hadapsar, and other similar regions behind, Kharadi is now in charge of the city’s western corridor’s skyline.
Due to acres of barren terrain that is best suited for construction, the Pune Municipal Corporation and developers designated it as a ‘developable area.’ Kharadi is also adjacent to Koregaon Park and Kalyani Nagar, the heart of Pune’s nightlife.
But how is it to live in Kharadi? How much does it cost? Let’s find out.
Rent an Apartment in Kharadi
You could browse for rental homes in Kharadi if you have a budget of Rs 5,000 or more. The cost of such accommodations can reach Rs 1 lakh per month. However, a decent 2BHK flat may be had for Rs 12,000-18,200 per month on average. Other factors that influence the price of your rental property include the actual location of your rental home, accessibility, social and physical infrastructure in the area, and the facilities supplied to you. You will also need to set aside money for a security deposit.
Take a look at the table below for a better understanding.
| Locality Name | Rental Rates | |||||
| 1 BHK | 2 BHK | 3 BHK | ||||
| Rent Range | Avg Rent | Rent Range | Avg Rent | Rent Range | Avg Rent | |
| Kharadi | 5000 – 15000 | 9500 | 12000 – 18200 | 14240 | 25000 – 35000 | 30000 |
Buy an Apartment in Kharadi
Kharadi is an inexpensive alternative to Viman Nagar and Koregaon Park, which comes as no surprise. However, due to increased housing demand, property prices in Kharadi have recently risen, and isolated hamlets are being developed to meet the increased residential demand. If you want to buy a 2 BHK apartment, your possibilities start at Rs 60 lakh and go up to Rs 10 crore, depending on the type of property and the level of luxury you choose. The average price of a home in Kharadi is Rs 6000 per sq ft as of early 2021.
Related Post – 5 HURDLES IN HOME BUYING JOURNEY AND HOW WE FIX IT
Transport Cost in Kharadi
When it comes to public transportation, the city of Pune has a long way to go. Literally. The majority of the city is now without suitable public transportation infrastructure. Kharadi, on the other hand, is not like that. You can easily get from any area of the city to Kharadi using buses or a monthly train pass, which can cost anywhere from 500 to 2000 rupees.
Utilities Cost in Kharadi
In a bare flat, the most basic utilities such as water, electricity, rubbish collection, and so on will not cost you more than Rs. 5,000. A solid cell phone connection and wifi, which are not so basic but still important, will cost on average Rs.300 and Rs.700, respectively.
Leisure & Entertainment Cost in Kharadi
A delicious supper for two individuals in a typical Kharadi restaurant will set you back around 15,00. There are, of course, smaller establishments where you can obtain a 500-calorie dinner. There are also five-star restaurants were just looking at the menu can make you hungry (No kidding). In any case, going out for lunch once in a while in Kharadi will not be out of your budget.
Grocery Cost in Kharadi
Because it is beneficial not only to your financial well-being but also to your physical well-being. You’d have to pay around Rs.500 for a shopping haul of 1kg onions, potatoes, and tomatoes, plus wheat flour, milk, bread, and eggs, as well as some common vegetables. Your monthly bill will be well within your budget unless you eat like a hippopotamus. You can hire part-time help for Rs.1,500 to Rs.2,000 if you don’t want to spend time turning those groceries into food.
Childcare Cost in Kharadi
To calculate the cost of daycare in Kharadi, you must first determine what kind of tutoring and education you want your child to get. The base fee for a child who is ready for pre-school is Rs.2,500 per month unless you want your child to attend an international school or a posh private school, in which case the price might be much higher, up to Rs. 8,500 per month. After the formative grades, an International level school in Kharadi will cost you between Rs.60,000 and 2 lakh each year.
All in all, Kharadi appears to be quite affordable, doesn’t it? It is not inexpensive, but you get a lot of bang for your buck. So, even if the cost of living isn’t zero, neither will your bank account at the end of the month.
Conclusion
The cost of living in Kharadi is determined by a number of factors, including your current location, the facilities you seek, the features you require, and the neighbourhood you prefer. It also depends on whether you’re moving with or without your family. However, you can’t go wrong with the Kharadi neighbourhood, particularly Zen Estate.
Zen Estate is a new residential development in Kharadi, Pune, that will accelerate the area’s growth and development. Its location along the banks of the fabled Mula Mutha river elevates living experiences to a higher plane.
It’s a departure from the typical teeny-tiny apartments with little open space and basic facilities. It’s an extraordinary residential project set in a large stretch along Kharadi-Mundhwa road that offers spacious, sumptuous residences, world-class services, and acres of space for the imagination to wander. It’s a lush neighbourhood with equally decent amenities, and it meets the need for 2 BHK in Kharadi and 3 BHK in Kharadi.
If you ever had to find the perfect balance, here it is. Come, experience the Zenshine life.
