Hinjewadi is actually beyond the limitations associated with Pune along with Pimpri Chinchwad City and county regions. Their out of the area centre ( Pune station) by all-around 28 kms along with is home to numerous THE ITEM along with Biotech organizations -- wii non commercial place to date. Plenty of basic amenities nonetheless looking, school, higher education, medical center, medical property etc. Areas and be are Aundh, Baner, Sus Path, Pashan, Kothrud, Chinchwad, Nigdi, Thergaon, Kalewadi Phata, Wakad, Jagtap Dairy products. These types of regions will be in any 10-15km radius for you to Hinjewadi and have absolutely fairly large housing costs far too. however it is advisable in which to stay such localities because basic amenities have any stone's throw along with you wouldn't ought to take a trip a great deal to succeed in your office far too. Hinjewadi is the IT Park associated with Pune. However it's not necessarily a good idea to be right now there at this point.
The rapid development in Hinjewadi has resulted in serious traffic problems. More than 3 lakh people daily travel to and from the park. Heavy Motor Vehicles are not allowed in the area during peak hours (8.30 AM to 11:30 AM).
The property prices are expected to rise in near future. The area will continue to be the first choice for working professionals. The Hinjewadi IT park will generate more employment increasing demand of apartments.
The area has gained importance due to rapid developments in and around it. Increased IT activities have resulted in increased residential development across the area. There is also good demand for rented apartments.
Apartment projects are more preferred than plots, villas and individual houses. Working software professionals look for either 2 bhk or 3bhk apartment.
Some reputed schools are Lexicon International School, Spicer Higher Secondary School, Rewachand Bhojwani Foundation, Millennium National School, Delhi Public School, DAV Public School, Bishops School, Daffodil International School and many more.
Renowned hospitals include Hinjewadi Accident & General Hospital, Yogesh Hospital, Aditya Birla Memorial Hospital, Bora Hospital, Meera Hospital, Anjali Hospital etc
Hinjewadi is at affordable distance from the centre of the city. The Pune Airport is around 24 km while the Pune railway station is 19 km far from the locality. The Mumbai International Airport is about 3 to 3.5 hours drive away.
The Hinjewadi flyover connects Wakad to Hinjawadi. Since the flyover has been constructed incorrectly, it is hampering traffic flow.
MIDC has decided to work on the projects for infrastructural development, improvement of the water distribution network and improvement in power supply across Hinjewadi IT park and its surrounding areas. It is around Rs 500 crore project which is expected to get completed in next two or three years.
The ongoing property values in Hinjewadi range from Rs 4,800-5,900 per sq ft. The locality records maximum demand for properties in the budget of Rs 20-40 lakhs and Rs 40-60 lakhs. You can get a 1000 sqft property with Rs 50 to 60 lakhs.
Hinjewadi is fast developing because of its affordable property values and seamless connectivity. The locality has been excluded from the Pune Municipal Corporation has not held the investors back from eyeing this location for budget properties.
The real estate market is increasing because of the demand from IT professional in this area. But the area lacks civic infrastructure and well developed roads. The locality is tapped by middle income people.