Solapur Pin Codes: 5 Most Expensive Areas in Solapur

Solapur, a city located in the southwestern region of Maharashtra, is known for its historical importance and rich culture. It has been experiencing rapid development in recent years, making it one of the fastest-growing cities in the state. Solapur is home to several prestigious educational institutions, and it has also emerged as a significant industrial hub. As a result, the city has seen an influx of people from all walks of life, leading to a surge in the demand for real estate.

In this article, we will look at the five most expensive pin codes in Solapur city to live in. We will provide the names of the areas, the cost of living, the average property rates, and the average cost of renting a 2BHK for each pin code.

Pin Code 413001:MG Road

MG Road is one of the most prominent areas in Solapur city. It is home to a bustling commercial center, with several high-end retail stores, restaurants, and cafes. The cost of living in this area is quite high, primarily due to its strategic location. The average property rate here is around Rs. 9,500 per square foot. The average cost of renting a 2BHK apartment in MG Road is approximately Rs. 15,000 per month.

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Pin Code 413002:Akluj

Akluj is a well-known residential area in Solapur city. It is located on the outskirts of the city, offering residents a serene and peaceful living environment. The cost of living in Akluj is relatively high due to its excellent connectivity and proximity to the city's major commercial centers. The average property rate in Akluj is around Rs. 7,000 per square foot. The average cost of renting a 2BHK apartment in this area is approximately Rs. 12,000 per month.

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Pin Code 413003:South Sadar Bazar

South Sadar Bazar is one of the busiest areas in Solapur city, with several markets and commercial establishments. The cost of living in this area is relatively high, given its central location. The average property rate in South Sadar Bazar is around Rs. 6,500 per square foot. The average cost of renting a 2BHK apartment in this area is approximately Rs. 10,000 per month.

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Pin Code 413004:Kumbhari

Kumbhari is a posh residential area in Solapur city, known for its luxury homes and upscale lifestyle. The cost of living in Kumbhari is quite high, owing to its excellent infrastructure and proximity to the city's major commercial centers. The average property rate in Kumbhari is around Rs. 12,000 per square foot. The average cost of renting a 2BHK apartment in this area is approximately Rs. 20,000 per month.

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Pin Code 413005:Shukrawar Peth

Shukrawar Peth is a vibrant and bustling area in Solapur city, with several shops, restaurants, and entertainment venues. The cost of living in this area is relatively high, given its central location. The average property rate in Shukrawar Peth is around Rs. 8,000 per square foot. The average cost of renting a 2BHK apartment in this area is approximately Rs. 14,000 per month.

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Conclusion

Solapur city is witnessing rapid development, leading to a surge in the demand for real estate. The above article highlights the five most expensive pin codes in Solapur city to live in, based on their average property rates and cost of living. These areas offer residents a luxurious lifestyle with excellent connectivity, infrastructure, and proximity to the city's major commercial centers. However, it's important to note that the cost of living in these areas may not be affordable for everyone, and individuals must assess their financial situation before considering a move to any of these pin codes.