Hinjewadi located in Pune is considered as a micro-market in the field of real estate development in Pune. It is situated in the Pune-Mumbai-Bengaluru Expressway which makes it very important in terms of position and infrastructure. Hinjewadi is recently witnessing significant economic and industrial uprising due to economic saturation of many premium places in Pune. It is located at a close distance to Mumbai hence it is another rising sector for IT and ITES market in Pune. The total working population of Hinjewadi is around 80,000 which is another reason for the rise in the living conditions of the residents of this place. Hinjewadi is the current destination of real estate investment owing to these important changes.

The IT stretch

Hinjewadi is highly popular because of the enormous IT and ITES presence which took place in the last decade. This city was considered as an important industrial area from the start. With the development of Info Tech Parks sponsored by the government bodies and civil authorities, this area not only won laurels in terms of employment but also significant residential settlements. The huge IT park comprising of 3 phases with the fourth phase on the construction, is a major employment source for about 70,000-80,000 IT professionals in and around the place. This giant IT growth will result in considerable real estate settlement in the consecutive years.

Convenience in connecting

The location of Hinjewadi is a great advantage for it residents. It is about 18km away from the international airport of Pune. It is connected to the airport through few important roads like Ganesh Khind Road, Aundh Road and Kalewadi main Road. Each of these roads has their own importance of connectivity. This area can also be connected through Mumbai-Bangalore Highways. As a result of this transport convenience, many residents of Hinjewadi prefer to seek accommodation facilities around the Mumbai-Bangalore Highway. Important engineering colleges and the famous Symbiosis University are present in Hinjewadi along with a gamut of well-known schools to cater to the students in this area. It also provides a large number of banks to provide financial support to the residents.

A glimpse of properties available

This locality comprises of 1229 properties at present to be availed by real estate properties out of which 72 are new projects. Hinjewadi is primarily considered as an employment zone. It has exhibited fine residential qualities in recent times resulting in ample opportunity for property investors in Hinjewadi. The flats in Hinjewadi offered are mostly 1 and 2 BHK properties which are economically priced. Apart from that, residential plots are also available. Hence you have the privilege of building your own dream house. The properties are mostly multi-storeyed apartments which comprise of excellent housing amenities like automatic power back up, rain water harvesting, reserved parking, tennis courts, etc. The price rate is approximately Rs 4000 per Sq. Ft to Rs 6000 per Sq. Ft.

Civic issues are solved

Being known for its economic development and IT growth, Hinjewadi also displays issues as traffic congestion. The local authorities and the civil department have taken care of these issues by providing car-pool activities and prohibiting heavy automobiles in the surrounding roads.