Located in Little India, it's a cheap area that's still quite central. Ladies may not feel safe walking around at night, as locals there have a tendency to stare at foreigners.
First thing you notice when you arrive is a police billboard that warns of a series of thefts in Bunc Hostel. I forget the exact number, however it left an impression on me.
Rooms are quite fine for the price. Beds are okay. Downside is that cubicles don't have curtains to offer an illusion of privacy. There's air conditioning (not turned on until after midnight) and a fan on the roof (which started making a squeaky noise on my fourth night, so it was turned off)
Breakfast supposedly starts at 5:30am. On the day of my flight (9am) I hung around until about 6am, even checking the time with some of the staff, but they failed to deliver on time. Breakfast is just instant coffee, a sash of oatmeal, and bread with jam/butter. Upside is that you can eat as much bread as you want.
Shower room is quite humid. Most shower stalls are to be closed with a curtain, which will fly around and flash everyone with your nudity thanks to a quite unhelpful couple of fans that are installed on the ceiling. The administration should really consider investing in some actual doors for the showers.
Listen, you get what you pay for. The hostel lands somewhere between 2 and 3 stars. I still spent a tolerable couple of nights there. If you're looking for a slightly more comfortable experience though, keep looking.