By Soniya Gaonkar on Jun 27, 2022 3:26:54 PM
Emerged as a residential hub for the IT population in Hinjewadi IT Parks, Wakad has become one of the prime locations to live in. The neighborhood is equipped with premier commercial and residential projects, and a wide range of social infrastructure, and civic amenities. To supply the growing demand for residential properties from working professionals, builders and real estate developers started residential projects in Wakad.
As a result, new home buyers as well as investors looking to invest in residential property in Wakad, now have an impressive range of luxury residential projects to choose from. Moreover, the properties in Wakad and flats near Bhumkar Chowk are experiencing a steady rise in property rates due to its proximity to Hinjewadi IT Parks making it a prominent choice of neighborhood for investors to invest in.
Apart from the proximity to IT Parks and business centers, steady appreciation of property rates, and social and civic infrastructure, here are the compelling reasons why you should invest in 2 BHK and 3 BHK flats in Wakad.
1. Excellent Connectivity
Wakad has excellent road connectivity that makes for a smooth daily commute to the other parts of the city.
The neighborhood is well connected via major roads including Wakad Road and the Mumbai-Pune Expressway. Moreover, with a well-planned BRT route residents in Wakad enjoy smooth access to the central parts of Pune via Public Bus Transportation.
2. Social Infrastructure
Wakad has become a well-known suburb in Pune for its social infrastructure. The area is dotted with reputed schools, hospitals, malls, restaurants, and fast-food chains. Hospitals with world-class facilities like Aditya Birla Memorial Hospital and Polaris Health Care are minutes away from the locality.
3. Employment Hubs
One of the major reasons why Wakad has seen enormous growth in the past few years is its proximity to the Hinjewadi IT Park. The area also shares proximity to Pune’s major IT hubs and industrial zones including Rajiv Gandhi InfoTech Park, International Tech Park, DLF Akruti IT Park, and Panchshil Tech Park. This has made Wakad a highly lucrative commercial as well as a residential zone with high demand for 2 BHK flats in Wakad.
4. An Impressive Range of Projects
Due to the strong road connectivity, proximity to business centers, infrastructure, and social amenities the demand for residential properties in Wakad is constantly rising. As a result, builders and real estate developers have been constructing prime residential projects in Wakad keeping the new homebuyers and investors in mind.
With the promising appreciation of property rates and an impressive range of projects offered by the real estate tycoons and renowned builders, Wakad has become a place to be for prospective investments and dream home choices.
Looking to invest in 2 or 3 BHK flats in Wakad? Explore the finest 2 and 3 BHK flats at Kohinoor Courtyard One, Phase 2, a premium project in Wakad, Pune, offering spacious apartments and modern amenities at a prime location.