Residential Projects in Wakad

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Luxurious 2 & 3 BHK Flats at Wakad

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3 Reasons to Invest in Wakad

Offering a wide range of real estate that can be suitable to every budget, Wakad is an intelligent buyer’s locality.

Wakad, one of the most sought-after investment destinations in Pune is located among the western suburbs of the city. A leading residential and commercial locality, Wakad possesses sound social infrastructure and a wide range of civic amenities. The appreciation of real estate in the are has proven to be steady and reliable, due to Wakad’s proximity to the IT hubs and industrial zones of Pune.

Proximity to Hinjewadi IT hub, PCMC industrial belt, Mumbai-Bangalore bypass, Balewadi National Sports Complex etc in the neighbourhood are working in Wakads favour. Wakad shares excellent connectivity with Pune’s major IT hubs and industrial zones. Rajiv Gandhi InfoTech Park, DLF Akruti IT Park, International Tech Park, and Panchshil Tech Park are in close proximity to the area, making Wakad a brilliant choice for investing in real estate in Pune.

Wakad enjoys some of the most well-developed and high-quality social infrastructure that ensures a convenient and superlative lifestyle for its residents. Dotted with reputed schools like Good Samaritan School, Wisdom World School and Mount Litera Zee School, and world-class hospitals including Jeevan Jyoti Hospital, Aditya Birla Memorial Hospital, and Polaris Health Care, no necessity is far from Wakad. A few popular shopping destinations in the area are Ozone Mall, MSM Mall, and Laxmi Road.

In recent years, real estate in Wakad has witnessed excellent appreciation. The scope for growth and upcoming development projects in the area make it a highly sought-after commercial and residential locality. From the excellent ROI to the increasing footfalls, Wakad is the finest investment destination in Pune. Whether you’re looking at rental income, resale value or residential purposes, Wakad makes for an excellent choice as the place for a home.


Location – the Convenience & Accessibility of Wakad

Wakad is well connected to the other parts of Pune, via major roads including Wakad Road, Kalewadi Main Road, and the Mumbai-Pune Expressway. The Wakad Bus Stand and Pimpri Bus Stand in the vicinity offer several bus services across the city. The Chinchwad Railway Station is about 8 kilometers from the locality, and the Pune Airport is a 45-minute drive. Localities like Aundh and Baner are also within mere kilometres of Wakad.
Wakad has unbeatable connectivity with the Mumbai-Pune Expressway, Wakad road, and Kalewadi main road going through it. Wakad bus stand and Pimpri bus stand are close by while Chinchwad railway station is approximately 10 kilometres away. The Nashik-Phata BRT corridor is in proximity and Pune airport lies about 45 minutes away. Wakad is also all set to experience the benefits of the much anticipated Pune-Mumbai Hyperloop that is expected to be finished by the end of 2021.


Why Wakad?

Wakad was once mostly known for its four-day Mhatoba Utsav, a traditional festival dating back over 450 years honouring Mhatoba the village deity. It’s hard to imagine that once, Wakad was mainly comprised of farmland where crops like groundnuts and sugarcane flourished.

But today Wakad is unrecognisable.

The changes that swept up the neighbouring village of Hinjewadi took Wakad in its wake as well. The huge maw that is the IT industry has gripped the otherwise sleepy village of Wakad, transforming it into a pulsing suburb, and a hotbed of property investment.

Wakad, along with other smaller areas like Pimple Saudagar, began to develop as a result of the meteoric demand for economical housing from the influx of migrants coming in for employment in IT and manufacturing companies. Located in scenic West Pune, Wakad offers these affordable alternatives to the now well-developed and upscale areas like Baner and Aundh.