Pune: Proximity to IT Park Boosts Real Estate of Wakad

About Wakad

Wakad is a splendid location in East of Pune. Though it is situated in the outskirts of the city, but provides a crucial location advantage to Pune’s East IT park, Hinjewadi. This IT Park has been developed into two phases and world’s renowned IT and BPO companies reside in.

Property Types in Wakad

Wakad presents a mixed type of residency options: multi-storey apartments, independent house/villa, independent floors and residential plots. The configuration for housing ranges between 1 to 5 BHK.

Price Trends for Property

Over half a decade, infrastructure and property prices have seen a noticeable increase in Wakad. For buyers and investors the property value ranges from 5,600 to 6000 sq ft.

Future Growth

• By 2018, Wakad would see metro links for connecting to central and western part of Pune.
• BRTS (Bus Rapid Transit System) is on the way.
• Many institutions and colleges and hospitals have come up.
• Easy connectivity to Lonavala and Khandala, favourite tourist spots during monsoon.
• Young population of students and IT and BPO prefer the lifestyle available.
• Housing at Wakad supports straight connectivity to Mumbai-Pune expressway and Pune-Bangalore highway.
• Fully developed PCMC (Pimpri Chinchwad Municipal Corporation) administers Wakad, so provision of electricity and water supply is optimized.
• Waked is providing large growth opportunities to adjoining areas like Baner and Aundh from where people are looking for investment and staying options in Wakad.

Courtesy by :- > WeHomify.com / Pune: Proximity to IT Park Boosts Real Estate of Wakad