Hi Sonal, Hinjewadi is a developed IT hub in Pune. It has developed as a major IT centric locality in Pune. Rajiv Gandhi Info Tech Park, consisting more than 30 multinational IT companies, is located in Hinjewadi. The need for residential projects is rising primarily because the large, ever increasing pool of employed people are everlastingly in search of houses closer to office, just to avoid the peak-hour traffic. Western market has reached the point of Saturation where developing infrastructure and lifestyle has already takes place. Yet, there are some Investment Options in Pune’s developing IT hub Hinjewadi. So, investing in this locality with a time horizon of 5 years will surely get maximum appreciation.
HI Nitesh, Investment in a developing locality like Hinjewadi is bit difficult and not a good idea. As it has reached at highest point of saturation in terms of property price in that area. Its too hard to find a budget home in developing locality. So, better invest in other localities which are going through the developing phase.