I am currently in US and want to buy in flat in a IT area in pune. But i am confused between hinjewadi , waked, wagholi.

Q: Want to be near IT and want a area nearing or above then 1000 sqft. But which end to choose ? hinjewadi side or hadapsar side?

Neha Tiwari, Pune

18th January 2017

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Replies (5)

As per your requirements, I would suggest the Pimpri Chinchwad area. Primarily, because it is well developed locality with good infra structured properties. It is the leading residential area in Pune, and has proximity to IT sectors, entertainment and educational hubs. One of the good options to consider is Antheia, a project by Mahindra Lifespaces, offering 1 BHK flat ranging from 721-740 sqft and 2, 2.5 & 3 BHK flats ranging from 1090 sqft to 1789 sqft with some worldclass amenities with over 500 families residing at Antheia already. Also, there is an upcoming metro station in the area, making this a profitable deal for you. You should check this before you finalize.

jahanmong, Pune

17th March 2017

Comment

Hi Neha,
Wagholi is best destination for living. If you are looking for flats in IT area just go through Karia Developers best designed residential project just like Bella Vista for luxurious & affordable flats.

smith aggewal, Pune

21st January 2017

Comment

Hi Neha,
Hinjewadi is a popular residential real estate hotspot because of employment generating places like Hinjewadi IT Park, connectivity to Mumbai through the Mumbai-Pune Expressway and other localities of the city. Due to Hinjewadi IT hub that raised real estate prices in neighbouring areas by 35% in the past 10 quarters. Hinjewadi provides easy accessibility to the industrial areas of Pimpri- Chinchwad as well as the proposed airport at Chakan. This makes it an ideal location for investment. It is always better to go for a 2 bhk which is easy to rent as families always prefer only 2 bhk and as well great for self use and will be easy to sell in the future. .

Hamsika Iyer, Pune

18th January 2017

Comment

I think, you should go for Wagholi. It has been the best performing real estate markets in terms of home sales and new launches. The area is proximity to employment hubs of Kharadi, Hadapsar and Viman Nagar makes it a preferred locality for Pune’s working population. An area that offers you affordable real estate along with the promise of a good growth prospects. Average property rate in the locality is Rs.3800/sq-ft.

Gauri Shinde, Pune

18th January 2017

Comment

HI Neha,
If you are looking for properties to invest in, which will give you good capital appreciation in the future then go for Wagholi. The demand for residential real estate is driven by its proximity to the IT/ITeS hubs of Hadapsar and Kharadi coupled with sound physical and social infrastructure comprising of schools, hospitals, highways and upcoming flyovers. With a weighted average price of Rs 4000/sq-ft

Bhaskar Chandavarkar, Pune

18th January 2017

Hi Neha,
Both localities are good for investment as well as for end use purpose. Reason....Metro Rail and proximity to Mumbai and a thriving education, engineering, automobile and IT scene have boom real estate activity in this city. The Mumbai-Pune Expressway has made Pune a much sought-after location for out-of-town investors, while year-round good weather makes it a preferred destination for home buyers.

Saurav Mishra, Pune

18th January 2017

Comment

I am agree with Saurav,
Phase-1 alignment of Pune Metro Rail, connecting Pimpri-Chinchwad, Shivajinagar and Swargate, will enhance connectivity between north and south Pune, once ready. And the Phase-2 between Ramwadi , Pune station and Vanaz, will solve the heavy traffic issues on the east-west route. Both phases are expected to be completed by 2020. Once completed, it will create the demand and development of residential property in the locality.

Sunil Kulkarni, Pune

18th January 2017