Lifestyle: From social to civic amenities, Hinjewadi is able to meet all the needs of the family. Closer to work, educational institutions, hospitals and recreational areas add to the appeal of the micro-market.
Demand for rent: Due to the steady increase in demand for commercial properties, the flow of people in the region has increased, which has led to an increase in the demand for rental property in Hinjwadi.
Possibility of growth: Hinjewadi already has three operational phases with the proposed Phase-4. As the office market grows and more employment opportunities are created, so does the demand for migration and housing. As a result, capital values of good properties are likely to be appreciated.
Overall, the saturation of the main parts of Pune for the demand for residential housing in Hinjewadi is a major factor along with the growing employment opportunities in the region.Residents of Hinjewadi are the main drivers for the demand for houses
Hinjewadi is close to National Highway 4 (NH4) in the western suburbs of Pune. Being the focal point of the IT / ITES revolution in Pune, it has a well-developed physical infrastructure, which provides excellent connectivity to other parts of the city as well as Mumbai. “In addition to the 300+ companies already operating in Hinjewadi, Hinjewadi and its environs will have 4.5 million square feet of office space available in the next few years. In this way, providing better employment opportunities for professionals, ”adds Maggu. Pune Airport is about 20 km away, while the nearest railway stations are Pimpri and Pune Junction at a distance of 11 km and 21 km respectively.
- Price appreciation- Around 20% in the last one year.
- Current property rates- Rs 4,860 – Rs 6,746 per sq ft.