- Pune is a fast-growing city and an educational hub
- Look for a flat based on your family’s requirements
- Consider the benefits the particular locality offers
- Get rental costs under control with a rental deposit loan
Known for its pleasant weather, rich culture, and wealth of educational institutions, Pune is one of the fastest-growing cities in India. Further, if you are looking to rent a house in Pune, you’ll be able to do so easily. In fact, you can get a flat for rent in Pune at a much more affordable rate as compared to properties in Mumbai and Bangalore, without compromising. However, to ensure that you make the right choice, here’s a 3-step guide to finding the perfect house in this vibrant city.
Amenities: Look for houses for rent based on your requirements
When looking for flats to rent in Pune, one of the first aspects you want to get right is the apartment configuration. For instance, while a studio apartment or 1BHK apartment would suffice for an individual or a small family, a 2-3BHK would be better in case 4 to 6 persons are relocating. Zeroing in on the configuration helps you streamline your search from the word goes.
Once you know what you want, a 1, 2, or 3BHK, make note of the facilities available with the home. For instance, if you need to settle in quickly, it’s best that you choose a fully furnished apartment. Similarly, as you search for a flat for rent in Pune, look into amenities such as swimming pools and recreational areas such as gardens, as these make your stay more comfortable and enjoyable, especially if you’re relocating with your children.
Locality: Consider location-specific advantages and access to institutions
You’d probably want a house for rent in Pune at a location that’s close to your workplace. While this is a good starting point, picking a location requires you to evaluate other factors as well. Look into connectivity to educational institutions, hospitals, banks, government offices and also check whether public transport is easily accessible.
As a starting point, consider apartments at MG Road or FC Road if you want easy access to markets and shopping areas, and apartments at Hadapsar if you want to stay close to work while also having easy access to amenities. On the other hand, Boat Club Road is a good pick if you travel frequently as it offers quick access to the airport and railway station.
Budget: Get the best house for rent in Pune as per your budget
Once you shortlist locations and identify the amenities you want, bring it all within the budget you have for the purpose. Remember that when seeking to rent a house in Pune, the amount you need varies depending on the specifics of the property in question. For instance, Hadapsar, Wakad, and Kharadi are among the top localities and you’ll need to spend anything Rs.15,000-Rs.20,000, Rs.7,000-Rs.12,000 and Rs.3,500-Rs.15,000, respectively, for a 1BHK apartment. While these rates are indicative of how much a 1 BHK flat for rent in Pune costs, the amount can be higher depending on the unique features on offer.
Apart from the cost of the apartment itself, you will also have to factor in expenses such as brokerage fees, a rent deposit in Pune, and the cost of moving itself. While this can amount to a significant sum, you can move into the apartment of your choice with ease. Instead of throwing your budget off track, simply avail Rental Deposit Loan from Bajaj Finserv to get a sanction of up to Rs.5 lakh.
From brokerage and security deposit to ancillary costs such as buying furniture and paying packers and movers, you can take care of all the expenses that you are likely to incur with ease. Moreover, with a flexible tenor of up to 36 months, you can repay the loan comfortably, as per your financial capacity. When you opt for this loan from Bajaj Finserv, you can also choose the Flexi Hybrid facility to withdraw finances from your sanction on the go, in parts. You only have to pay interest on the total that you use, and you can also pay interest-only EMIs should you wish to. Additionally, you have the option to make part-prepayments at zero extra charges.
The above 3 tips are sure to help you find a suitable flat for rent in Pune and you can utilize Bajaj Finserv’s Rental Deposit Loan to finance all expenses that come your way, both planned and unplanned. The lender also offers doorstep services for drafting and registering your agreement so that you don’t have to step out of your home to do so. Best of all, you get the funds disbursed to your bank account within 24 hours of successful document verification. To get started, fill the online application form. To expedite the process further, check your pre-approved offer from Bajaj Finserv and apply using a customized deal.