By Raghu Iyer on Mar 14, 2023 11:27:00 AM
Hinjewadi is one of Pune’s most renowned IT corridors. From large corporate MNCs to swanky hotels, great connectivity, Hinjewadi has it all. And one of the most loved residential pockets near Hinjewadi is Wakad - a rapidly developing suburb located close to Hinjewadi IT Park. Read on below to know why living and investing in residential projects in Wakad will be one of the smartest decisions ever.
Why Living Near Hinjewadi Is a Smart Investment Decision
Wakad is located in close proximity to the Rajiv Gandhi Infotech Park in Hinjewadi, which is the largest IT hub in Pune. Many IT professionals prefer to live in Wakad due to its convenient location, shorter commute times, and access to better job opportunities. Multiple projects in this vicinity offer a premium 2 BHK flat in Pune Wakad. But amongst these, Kohinoor Courtyard One and Kohinoor Westview Reserve are two of the most sought after.
Advantages of Infrastructure and Amenities for Residential Projects in Wakad
Wakad has witnessed tremendous growth in infrastructure and amenities in recent years. There are several reputed world-class schools, top-notch hospitals, swanky shopping malls, fine-dine restaurants, and entertainment centres in the area. The presence of such amazing social infrastructure ensures that residents of residential projects in Wakad have access to all needs within a short distance.
The Booming Real Estate Market
The real estate boom has hit Pune West in a big way. And Wakad, with its geographical proximity to Hinjewadi IT Park has benefitted tremendously from this. The development of infrastructure, civic amenities, and smart-city aspects has seen exponential rise in Wakad. Due to this, the demand for residential projects in Wakad is high, and property values of 3 BHK for sale in Wakad have been steadily increasing over the years. Investing in upcoming projects like Kohinoor Courtyard One and Kohinoor Westview Reserve is a smart decision. Because the ROI value from these residential projects in Wakad will be robust in the times to come.
Connectivity Is the Lifeline of Progress
Steady progress is based on a solid foundation of connectivity. Being located close to Hinjewadi, Wakad is well-connected to all parts of Pune and Mumbai via the Mumbai-Pune Expressway and the Pune-Bangalore Highway. For people who stay in residential projects in Wakad, the Pune International Airport is approximately 20 km. away, making it easy for residents to travel domestically and internationally. So, if you’re planning to invest in Kohinoor Westview Reserve in new Wakad, gear up for lesser work commute and more travel plans.
Explore Greenscapes Around Home
Pune West has been historically blessed with greenery. And Wakad sits at the exact cusp where nature shakes hands with urban life. As a resident of a 2 BHK flat in Pune Wakad, think of open green spaces that provide you with an escape from the hustle and bustle of city chaos. There are several parks and gardens in the area, including the Wakad Central Park, which is a popular spot for joggers and walkers. Additionally, the Mulshi Dam and the Western Ghats are a breezy drive away, giving families and friends the opportunities for outdoor activities such as trekking, camping, and picnics.
Experience a Vibrant Global Vibe and Culture
Due to its global recognition, Hinjewadi IT Park attracts talent from all over India. Being a melting pot of varied cultures, Wakad has residents from different cities of India and the world living in the area. The presence of several multinational companies has led to a diverse workforce, creating a vibrant and cosmopolitan culture. Living in residential projects in new Wakad, like Kohinoor Westview Reserve will provide residents with the opportunity to interact with people from different backgrounds and experience different cultures.
Planned to Be a Smartly Developed Suburb
In coming years, Wakad is expected to witness further development as Hinjewadi IT Park blooms further. Several real estate developers are investing in the area, building new residential projects in Wakad, and commercial projects. This development will further increase the demand for 3 BHK for sale in Wakad and offer residents more amenities and facilities.
To summarise, investing in residential projects in new Wakad is a smart decision due to its proximity to the IT hub, the development of infrastructure and amenities, the high demand for real estate investment, connectivity, green spaces, vibrant culture, and the expected future development. Wakad offers a comfortable and convenient lifestyle to residents, making it an ideal location to live in Pune.