Positioned in the vicinity of Hinjewadi IT Park in West Pune, Wakad has become the best investment destination today, especially for those who wish to live closer to both Mumbai and Pune. The area features great connectivity to Mumbai and several major landmarks of the city with internal roads and Mumbai-Pune Expressway. Those who commute to Pune from Mumbai have to come via Wakad. This place enjoys around 30% of total real estate investment through investors as well as buyers looking for second homes in Pune. Such buyers want residential spaces near Expressway and Wakad is the best bet for them, according to Purple Realtors proprietor Gaurav Nahta.
With the construction of Navi Mumbai airport, it would be the ideal place to live in. The civic infrastructure of Wakad is at par in this region. It features excellent drainage, water and power supply under PCMC (Pimpri-Chinchwad Municipal Corporation). In addition to that, good roads are also the major factors. In addition to that, Wakad features great connectivity to places such as Baner, Aundh, and Balewadi. From Pimpri industrial area, this place is merely 3 km away and around 5 to 7 km from Baner and Aundh and 16 km from Pune Rly. Station.
In the radius of merely 8 km, Chinchwad Railway station is closest one. It is located around 8 km. According to Anand Chavan from Home Solutions, the airport is located just 20 km away through Aundh Ravet road. The area is enjoying continuous bus services through PMPML (Pune Mahanagar Parivahan Mahamandal Limited). It has the closeness to Hinjewadi IT Park which is also working in its favor. It is just 3 km away from IT parks like Biotech and Infotech. Several high-end IT companies are here like TCS, Infosys, Wipro, Tech Mahindra, IBM, Siemens, Cognizant and Mindtree.
In the real estate prices of Wakad and Hinjewadi, not much difference has been seen in real estate prices and the working professionals in Biotech and Infotech IT Parks still love to invest in Wakad because of the vicinity to the heart of the city. Hinjewadi IT Park is being developed in phases.
Keeping the importance of Wakad as a destination in mind, the Akshar group has launched a project in this location called :Akshar New Project Elementa Wakad Pune.
For bookings and more information on Akshar Elementa
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