It is safe to say that Pune has claimed its fair share in the real estate market of India and is now one of the major contributors to India’s economic growth. Some of the major locations in this city offer great residential property options for everyone. Starting with mid-sized apartments surrounded by all social amenities, modern infrastructure to luxury apartments at the heart of the city, these locations have something to offer to all; young couples, working professionals, families, and the migrant population. Hinjewadi is one of the few locations in Pune that offers housing options for all types of people.
Believed to be an IT hub, Hinjewadi has evolved into a suburban place that has everything needed to live a peaceful and smart life. In this blog, we are going to help you understand what makes Hinjewadi an ideal choice for investing in real estate.
Hinjewadi has become one of the major IT hubs in Pune. It has companies like Wipro, Infosys, Tech Mahindra, Tata Technologies, etc. The IT and ITes companies occupy 85% of office space in Hinjewadi. Hinjewadi is responsible for 60% of Maharashtra’s total IT exports and currently employs more than 400,000 professionals. The IT sector has given a huge boost to the real estate market which will only grow in the future.
Hinjewadi is well connected with well-developed physical infrastructure. It has accessible public transport and well-made roads. After the introduction of the IT-ITes policy by the Maharashtra government in the 2000s, Hinjewadi saw a massive shift in development. It grew by leaps and bounds as companies began to invest in the area and today has great infrastructure which is improving daily. This in turn increased the real estate value as well. The demand for houses increased which led to the growth of various housing projects in Hinjewadi.
It is a known fact that every single day, thousands of new people come to Pune. These people are mostly working individuals who have moved to Pune for work and will eventually settle down here. This is why it is important for people to live close to their workplace. Pune’s traffic struggles are known to all and because of this, people prefer homes near to their office to decrease commute time.
One of the biggest perks of living in any one of the homes in Hinjewadi is that you can balance work and life easier. Of all the new areas that are coming up in Pune’s real estate scenario, Hinjewadi takes the spotlight. The reason for this is the ease with which one is able to balance work and life
Goes without saying that all the residential projects in Hinjewadi have amazing connectivity. In order to have easy access to everything, public transport is always available here. There are also various schools, colleges, hospitals as well as recreational centers, malls, and cafes here. This makes it a favorite location for young people when they actually want to let their hair down.
Hinjewadi IT hubs have attracted the best professionals to the city of Pune. This working-class community consists of both young and middle-aged individuals, who are looking for housing projects that would complement their life and also offer a work-life balance. Hence, their quality of life expectations in Hinjewadi has also seen a remarkable improvement in the real estate sector, especially in construction and designs.
Furthermore, Hinjewadi already has 3 Phases in the IT sector with a proposed Phase 4 as well. As the IT sector will grow, it will generate more employment opportunities which will lead to more migration and demand for homes. Thus, this is the right time to invest in Hinjewadi since the future is bright and will surely give you good returns.
At Hinjewadi, one can always gain a lot of exposure with the terms that there is a great possibility of meeting like-minded people. The optimum development of this area will give anyone premium lifestyle amenities.