Why Should You Consider Investing in Wakad, Pune?
- punepropertyinfo
- 0
- on Dec 21, 2023
Wakad, situated in the northwest of Pune, has transformed from a quiet agricultural village into a thriving residential hub. This transformation is driven by several compelling factors that make it a promising investment destination. Its strategic location, near the bustling Hinjewadi IT hub and key industrial zones in Chakan and Talegaon, has catalyzed the development of infrastructure and heightened demand for residential properties in the area. Here, we delve into the investment potential of Wakad, Pune.
Factors Fueling Realty Investment in Wakad
Seamless Connectivity to Employment Hubs: Connectivity plays a pivotal role in a location’s growth, and Wakad excels in this regard. Its proximity to National Highway 4 and the Pune-Mumbai Highway provides exceptional access to key areas within the city, including Aundh, Baner, Pashan, and Shivaji Nagar. Furthermore, Wakad is surrounded by a multitude of employment opportunities, with commercial options like TeerthTechnospace, Prabhavee Tech Park, Rajiv Gandhi Infotech Park, Embassy Tech Zone, and Hinjewadi IT Park located within a 10 km radius.
An Impressive Range of Housing Options
Wakad offers a diverse spectrum of housing choices, from affordable homes to ultra-luxurious residences. Multi-Storey apartment projects with 2 BHK and 3 BHK units are abundant, and renowned developers like Kolte-Patil Developers, Kasturi Builders, Kalpataru Group, and Pride Purple Group have a strong presence in the area.
Real Estate Potential of Wakad
The surging demand for homes in Wakad, especially among IT professionals, is a testament to its real estate potential. This trend has gained momentum as companies embrace hybrid work models in the wake of the COVID-19 pandemic, prompting individuals to seek more spacious and comfortable residences. Furthermore, the area’s industrial growth has led to the expansion of retail and hospitality sectors. Notably, Wakad is slated to be home to the second Phoenix Market City Mall in Pune, spanning a colossal one million sq ft. Home values in Wakad have appreciated by around 20 percent in the past five years.
Unveiling the Luxury Lifestyle: Treasure Troves in Pune
Experience the epitome of luxury living at Treasure Wakad most livable project. This 3.5-acre haven offers a staggering 2.5+ acres of indulgent amenities, including Pune’s first Amenity Pods in the Sky. With a prime location just 2 minutes from Phoenix Mall of the Millennium and the upcoming World Trade Center, it’s Wakad’s most anticipated project launch. Choose from superbly planned 2 & 3 RHK residences, with prices starting at Rs. 86.00 Lac*. Enjoy 5 levels of 40+ amenities, including green views, a clubhouse, indoor games, a swimming pool, and much more. Don’t miss the chance to elevate your lifestyle at Treasure Troves.