Pune is the second-best city to live in India. Factors like pleasant weather, economic growth, education, employment opportunities, and economic growth are driving professionals and businesses to settle in Pune. As builders in Pune thrive to expand in the city, Hinjewadi has emerged as a shining star for new residential projects in Pune. Nestled in the western part of the city, Hinjewadi has earned its reputation as one of the most promising real estate markets in Pune.
In this blog, we will analyze its prime advantages.
Commercial Sectors:
Hinjewadi is home to the Rajiv Gandhi Infotech Park, which houses more than 400 IT and software companies, including global giants like Infosys, Wipro, and Tech Mahindra. This thriving IT hub has created a massive demand for housing and commercial spaces, making it an attractive destination for real estate investments. None of the builders in Pune want to miss this opportunity.
Excellent Connectivity:
Flats in Hinjewadi offer excellent connectivity to other parts of Pune and beyond. The Mumbai-Pune Expressway, Pune-Bengaluru Highway, and the Mumbai-Bengaluru National Highway pass through or are near Hinjewadi, providing seamless connectivity to major cities. Locations like Baner, Bavdhan, Wakad, Kothrud, and Balewadi are easily accessible from Hinjewadi.
The upcoming Hinjewadi-Shivajinagar Metro line will further enhance the connectivity and accessibility of this area, making it even more attractive for residents and investors of 2 BHK flats in Pune close to Hinjewadi.
Robust Infrastructure:
Infrastructure development plays a crucial role in the growth of any real estate market, and Hinjewadi excels in this aspect. Community projects are thriving in Hinjewadi due to the presence of international schools, shopping centers, and top-notch healthcare facilities. Reputed global schools like Elpro International School and Delhi Public School are opening their doors to the sprawling urban hub of Hinjewadi. Radisson Blue Pune and Phoenix Mall are some of the prime international brands coming up in Hinjewadi.
Recreational Amenities
Living in flats in Hinjewadi should ensure you have a vibrant social life as well. The area boasts a plethora of restaurants, cafes, pubs, and shopping centres, catering to the needs and preferences of a young and dynamic population. The presence of multiple recreational facilities, such as parks, sports complexes, and entertainment venues, adds to the allure of living in Hinjewadi.
Booming Residential Market
Hinjewadi boasts of one of the highest rental yields in Pune with a 17% growth in rental real estate. Access to IT parks and other industrial hubs makes Hinjewadi an ideal location for housing. These factors make Hinjewadi an ideal choice for investment for investors seeking rental returns or growth in their investments.
Considering the above factors, Hinjewadi can be considered as one of the top real estate markets of Pune offering the best opportunity for investors.