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A review of Wakad Property Market

February 20, 2018 | 360 Realtors

A review of Wakad Property Market

Pune is a beautiful city in the state of Maharashtra that is well-known for its low-air pollution, greenery, top education institutes, IT parks, MNCs, harmonious atmosphere, historical landmarks and more. Life in Pune is not too fast or too slow, it is just perfect! Today, Pune is one of the most loved cities in the country. There are a number of suburbs in Pune that have gained popularity over the years, but none like Wakad.

Located in the western suburbs of Pune, Wakad was a rural area used for cultivation and today, it is a premier residential area that goes through rapid development each day. Located close to IT hubs and industrial zones like Dapodi, Pimple Gaurav and Hinjawadi. The onset of IT parks and MNCs in its surrounding areas has pulled-in a number of working individuals to this suburb and has also increased the property demand. Wakad has gained the attention of a number of real estate companies today and the prices of residential properties keeps growing as apartments are being sold like hot cakes. Real estate giant Kolte-Patil Developers Ltd. has come up with its latest luxurious residential projects like Vaastu Viva Wakad and Kolte Patil Western Avenue in Wakad that offer premium luxury and comfort of the highest order for a modern-day lifestyle.

Wakad is a brilliant suburb for individuals looking out for home homes and investors as well. High-end returns is something you can surely expect as this suburb has a bring future ahead. No matter what your budget may be, investing in Property in Wakad is the way to go and here are the most prominent reasons why.

  1. With major roads like Wakad Road, Kalewadi Main Road and Mumbai-Pune Expressway running through Wakad, this suburb offers fast and easy connectivity to other locations in Mumbai. The large number of bus services and close proximity to the railway station and airport make commuting simple and hassle-free.
  2. The number of IT parks surrounding Wakad are plenty, giving rise to job opportunities and a steady growth in population. It is an obvious fact that every IT professional will not purchase a new home, but will look for rental apartments instead. You can give your investment on lease and double your profits with ease! Some of the IT parks located close to Wakad include Rajiv Gandhi InfoTech, International Tech Park, DLF Akruti IT Park and Panchshil Teck Park.
  3. Constant development of Wakad has brought about a massive change in its social infrastructure. You can find and access all of your daily and emergency landmarks without the need of long-distance travels. Home to some of the most reputed schools, hospitals, healthcare centres, malls, shopping centres, restaurants, cinemas, etc., Wakad offers ample convenience that is pretty hard to find elsewhere.

 

Keeping the rise in property prices, property demand, social infrastructure, IT/ITeS and several ther factors in mind, Wakad is one of the best investment locations that will generate good profits and raise the value of your investment in the days to come.

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