Faridabad Pin Codes: 5 Most Affordable Areas in Faridabad
Are you looking for a place to call home in Faridabad city without breaking the bank? Look no further. In this article, we will be discussing the top 5 most affordable pin codes in Faridabad city to live in. We will be providing you with the names of the areas, the cost of living, the average property rate, and the average cost of renting a 2BHK apartment for each pin code.
Pin Code 121001: NIT Faridabad
NIT Faridabad is one of the oldest and most popular residential areas in Faridabad. The area is well-connected to the rest of the city and has plenty of amenities. The cost of living in NIT Faridabad is affordable, with a monthly expense of around INR 20,000 for a family of four. The average property rate in NIT Faridabad is INR 4,000 per square foot, while the average cost of renting a 2BHK apartment is INR 10,000 per month.
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Pin Code 121002: Sector 16
Sector 16 is a residential area located in the heart of Faridabad city. The area is known for its greenery and peaceful surroundings. The cost of living in Sector 16 is low, with a monthly expense of around INR 25,000 for a family of four. The average property rate in Sector 16 is INR 4,500 per square foot, while the average cost of renting a 2BHK apartment is INR 12,000 per month.
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Pin Code 121003: Ballabgarh
Ballabgarh is a historic town located in the southern part of Faridabad city. The town is well-connected to the rest of the city and has plenty of amenities. The cost of living in Ballabgarh is affordable, with a monthly expense of around INR 22,000 for a family of four. The average property rate in Ballabgarh is INR 3,500 per square foot, while the average cost of renting a 2BHK apartment is INR 9,000 per month.
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Pin Code 121004: Sector 28
Sector 28 is a residential area located in the eastern part of Faridabad city. The area is well-connected to the rest of the city and has plenty of amenities. The cost of living in Sector 28 is affordable, with a monthly expense of around INR 23,000 for a family of four. The average property rate in Sector 28 is INR 3,800 per square foot, while the average cost of renting a 2BHK apartment is INR 10,000 per month.
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Pin Code 121005: Sector 29
Sector 29 is a residential area located in the eastern part of Faridabad city. The area is known for its peaceful surroundings and is well-connected to the rest of the city. The cost of living in Sector 29 is low, with a monthly expense of around INR 24,000 for a family of four. The average property rate in Sector 29 is INR 4,000 per square foot, while the average cost of renting a 2BHK apartment is INR 11,000 per month.
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Conclusion
In this article, we have discussed the top 5 most affordable pin codes in Faridabad city to live in. These areas offer a low cost of living, affordable property rates, and reasonable rental prices. If you are looking for an affordable place to call home in Faridabad city, we recommend that you consider these areas.
FAQs
Apart from the 5 pin codes mentioned in this article, there are several other affordable areas in Faridabad city to live in. These include Sector 7, Sector 12, and Sector 29A.
These affordable areas offer basic amenities such as grocery stores, pharmacies, schools, hospitals, and parks. Some areas also have shopping malls and entertainment centers.
Yes, these affordable areas are safe to live in. However, it is always recommended to take basic safety precautions and to research the area before finalizing a place to live.
One of the main drawbacks of living in these affordable areas is that they may not offer the same level of luxury and amenities as more expensive areas. Additionally, some areas may be further away from the city center, which may result in longer commute times.
Yes, there are several other areas in Faridabad city that offer affordable housing options. It is recommended to do thorough research and visit the areas before finalizing a place to live.
