Top Localities Near Hinjewadi Offering High Returns

The rise of Pune’s Hinjewadi as a popular commercial hub has coincided with the shining of luck of several residential localities around this western suburban area. Office-goers find it only convenient to invest in these nearby localities that offer a perfect mix of affordable and luxury properties. Since demand is huge, some of these areas are just the place for you, in fact, if earning handsome rental income is on your mind. 

Interested? Let’s find out the best ones for you!

Tathawade: A locality with a livability score of 8.2, Tathawade lies in close proximity to the IT hubs in Hinjewadi and the city centre. It is a choice of destination for homebuyers and investors alike as the property prices here have gone up by over 10 per cent in the past year, data available with PropTiger.com show. One could buy a square foot of space here for Rs 5,335.

Also Read: All You Need To Know About Pune Metro Project

There are 50 ready-to-move-in and 56 under- construction projects here.

Wakad: Situated in the Pimpri-Chinchwad region, Wakad is one of the fastest growing residential markets in proximity to Hinjewadi. The locality lies close to the IT parks and enjoys a good connectivity through the Mumbai Expressway and the upcoming bus-transit system. In this locality that has a livability score of 9.4 one could buy a square foot of space for Rs 5,834.

There are over 282 ready-to-move-in and 88 under-construction projects here.

Baner: Baner is known for its spread of luxury properties, available at an average rate of Rs 7,128 psf. A livability score of 9.1 shows that the locality has everything a homeowner looks for. Its proximity to the IT parks and to educational institutions makes it an apt choice to buy as well as rent apartments.

There are over 420 ready-to-move-in and 70 under- construction projects here.

Bavdhan: Bavdhan, with a livability score of 8.1, is an affordable market in comparison to other localities around Hinjewadi. One could buy a property at an average Rs 5,764 psf here. Not only does this locality enjoy clones with IT parks and industries but also a robust connectivity with the Mumbai Expressway. It is also well connected to the other residential localities around and Pune city centre.

There are over 180 ready-to-move-in and 45 under- construction projects here.

Aundh: Aundh is among the most expensive markets around Hinjewadi. At present, one could buy a square foot of area for Rs 8,516. The livability score of 9.7 justifies why the property here comes at a premium. The locality is well developed with connectivity, infrastructure and wide variety of real estate options. Located just eight kilometres from main Pune city, Aundh is a choice for those looking for property a little away from the congested and expensive markets in the centre.

There are over 210 ready-to-move-in and six under- construction projects here.

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