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Ranchi Pin Codes: 5 Most Expensive Areas in Ranchi


Are you looking for a posh locality to live in Ranchi city? Do you have a budget that allows you to splurge on premium lifestyle amenities? If yes, then you are in the right place. In this article, we will be discussing the five most expensive pin codes in Ranchi city that you can consider for your dream home. From the cost of living to the average property rates and the cost of renting a 2BHK, we will cover all the aspects to help you make an informed decision.


Ranchi Pin Codes: 5 Most Expensive Areas in Ranchi


Pin Code 834001: Lalpur

Lalpur is the most expensive locality in Ranchi city with a pin code of 834001. The cost of living in this area is high, with a monthly expense of around INR 15,000. The average property rate in Lalpur is INR 8,000 per square feet. If you are looking to rent a 2BHK apartment in Lalpur, you can expect to pay an average rent of INR 20,000 per month.

Lalpur is a well-developed area with excellent connectivity, renowned hospitals, educational institutions, and shopping malls. The area has a mix of residential and commercial properties, making it a great option for those who want to live in a prime location with access to all the modern amenities.


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Pin Code 834002: Kantatoli

Kantatoli is another premium locality in Ranchi city with a pin code of 834002. The cost of living in this area is slightly lower than Lalpur, with a monthly expense of around INR 12,000. The average property rate in Kantatoli is INR 6,000 per square feet, and the average rent for a 2BHK apartment is around INR 15,000 per month.

Kantatoli is a residential area with a mix of independent houses, apartments, and duplexes. The area has good connectivity and is close to the main commercial centers of Ranchi city. The locality is also home to some of the best schools and hospitals in the city.


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Pin Code 834003: Harmu Housing Colony

Harmu Housing Colony is a posh locality in Ranchi city with a pin code of 834003. The cost of living in this area is moderate, with a monthly expense of around INR 10,000. The average property rate in Harmu Housing Colony is INR 5,500 per square feet, and the average rent for a 2BHK apartment is around INR 12,000 per month.

Harmu Housing Colony is a residential area with a mix of independent houses and apartments. The area has good connectivity and is close to the main commercial centers of Ranchi city. The locality is also home to some of the best schools and hospitals in the city.


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Pin Code 834004: Kokar

Kokar is a premium locality in Ranchi city with a pin code of 834004. The cost of living in this area is moderate, with a monthly expense of around INR 10,000. The average property rate in Kokar is INR 5,500 per square feet, and the average rent for a 2BHK apartment is around INR 12,000 per month.

Kokar is a residential area with a mix of independent houses and apartments. The area has good connectivity and is close to the main commercial centers of Ranchi city. The locality is also home to some of the best schools and hospitals in the city.


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Pin Code 834005: Morabadi

Morabadi is a premium locality in Ranchi city with a pin code of 834005. The cost of living in this area is moderate, with a monthly expense of around INR 10,000. The average property rate in Morabadi is INR 5,500 per square feet, and the average rent for a 2BHK apartment is around INR 12,000 per month.

Morabadi is a residential area with a mix of independent houses and apartments. The locality is well-connected and is close to the main commercial centers of Ranchi city. It is also home to some of the best schools, hospitals, and recreational facilities in the city, making it an ideal location for families.


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Conclusion

Ranchi city offers a variety of premium localities to choose from, depending on your budget and lifestyle preferences. From the posh Lalpur to the serene Morabadi, each locality has its unique features and benefits. While the cost of living and property rates may vary, all of these localities offer easy access to modern amenities and excellent connectivity.

FAQs

1. What are the factors that determine the cost of living in a locality?

The cost of living in a locality is determined by various factors such as rent, food, transportation, utilities, and entertainment expenses.

2. What are some of the best schools in Ranchi city?

Some of the best schools in Ranchi city are Delhi Public School, Sapphire International School, Jawahar Vidya Mandir, and DAV Public School.

3. Is it better to buy or rent a property in Ranchi city?

It depends on your financial situation and lifestyle preferences. If you are planning to stay in Ranchi city for a short period, renting might be a better option. However, if you are looking for a long-term investment, buying a property might be more beneficial.

4. Which is the most affordable locality in Ranchi city?

Kanke Road, Hatia, and Bariatu are some of the affordable localities in Ranchi city.

5. What are some of the recreational facilities in Ranchi city?

Ranchi city offers various recreational facilities such as parks, museums, art galleries, and sports complexes. Some of the popular recreational spots include Tagore Hill, Rock Garden, Pahari Mandir, and JSCA International Cricket Stadium.

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