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.