Do you wish to invest in real estate? But confused about finding one of the best flats in Pune that can be profitable? Do not worry! Hinjewadi in Pune is proving to be an ideal destination for investors. It is popular among investors, homebuyers, and corporate occupiers.
What makes Hinjewadi so popular? Its connectivity to central areas of Pune and Mumbai, infrastructure development, and promising growth potential in the future sets it apart from other destinations in Pune.
The development of Rajiv Gandhi Infotech Park has developed Hinjewadi into a commercial district. The corporate development has led to residential growth in the area. Flats in Hinjewadi have comfortable spaces with almost all modern amenities.
The IT companies have created great job opportunities in Hinjewadi. So, a huge number of people are relocating to the area. You will find schools, hospitals, restaurants, malls nearby with all luxurious amenities. It makes the real estate in Hinjewadi profitable from the investment point of view.
Undoubtedly, Hinjewadi is no less than a blessing for investors. Here’s why Hinjewadi is a boon for investors.
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Incredible Connectivity
The biggest advantage of Hinjewadi is the proximity to the Expressway which is connected with Mumbai’s corporate districts. Not only this, Hinjewadi is well-connected with other regions in the state increasing demand for flats in Pune.
You save time on the commute as well as money owing to the limitless transport facilities available in and around Hinjewadi. You can enjoy strong connectivity through BTR, Rajiv Gandhi MIDC road, and the Hinjewadi-Shivaji Nagar Metro corridor.
Hinjewadi is merely 25 kilometers away from Lohegaon Airport while the Pune railway station is at a distance of approximately 21.5 kilometers. The proximity to industrial areas like Chakan, Talegaon, and Pimpri-Chinchwad makes properties in Hinjewadi ideal for residents and corporations.
Shopping complexes, malls, bus stands, railway stations, and airports are conveniently approachable from Hinjewadi.
Affordable Price Sections
Hinjewadi’s residential township is in demand owing to the success of corporate offices. The growth of IT hubs has increased middle-aged working professionals looking for comfortable housing options. And nothing is better than Hinjewadi.
So, the builders offer housing segments starting from affordable, middle, and upper-middle income to the luxury premium. Affordable and mid-income category flats in Pune are in high demand. The apartments have the luxury and comfort that one dreams of.
You get homes with comfortable spaces and a luxurious lifestyle at one of the prime locations. The prices of apartments remain almost fixed for over two years considering the amenities, cost, and time it saves for the residents.
Strong Infrastructure
Hinjewadi is one of the greatest attractions for investors; thanks to the giant IT parks, high standards of living, and a great social life. People residing in flats in Hinjewadi will enjoy living in large spaces with all modern amenities at a key location.
The increasing number of educational institutes, hospitals, malls, sports complexes, and restaurants make Hinjewadi a favorite hub for investors. Hospitals like Medpoint and Anudh Chest Hospital are close to Hinjewadi. The area now has several educational institutes including national and international elite colleges.
The road infrastructure around Hinjewadi is convenient to manage huge traffic as compared to other city parts. Hinjewadi’s overall infrastructure has resulted in a sound social life for the residents and corporates who are searching for good flats in Pune.
Potential Growth Opportunity
Hinjewadi is a well-established area with sound infrastructure with many multinationals that belong to the ITES and IT sector. Foreign nationals investing in the properties in Hinjewadi have fueled economic and infrastructure development here.
The IT Park houses software giants like Wipro, Infosys, TCS, and Cognizant employing a huge number of professionals. Their presence has led to a rise in residential space exponentially. Several corporates are planning to expand their services through corporate offices in Hinjewadi.
It will add more job opportunities leading to more demand for residential space. It has led to an increase for flats in Pune.
Several projects are emerging in the sector with the concept of work to walk that will reduce the dependency on transport. So, along with career growth options, Hinjewadi promises an enhanced lifestyle and a blessing to investors.
Rental Income
Many areas show a high demand for residential and commercial property in Pune but Hinjewadi leads among all. A continuous rise in corporate offices in the area has increased the demand for flats in Hinjewadi. This has attracted investors to invest in Hinjewadi property.
High demand will result in the rise of the rental value of both commercial and residential spaces in Hinjewadi. Factors like easy connectivity, infrastructure, and IT companies have contributed to its increasing popularity and demand.
The future of property in Hinjewadi is bright where investors have the opportunity to earn high returns on buying flats in Pune. It is an attractive location for investors looking for passive or rental income. Investing in both residential and commercial real estate will earn you income.
Promising Deal
The incredible infrastructure, high-class amenities, and a stable real estate market has made Hinjewadi stand apart from other investment properties. Capital appreciation in the future is likely in Hinjewadi which is an asset for investors.
You can expect access to a premium lifestyle for flats in Hinjewadi owing to optimum development in the area. Its speedy urban and economic growth will lead to an increase in real estate prices. It will prove to be a fair deal for the investors.
The increasing IT hubs have attracted working professionals to Hinjewadi. The housing projects here serve the best place for them in terms of affordability, lifestyle, and infrastructure. The future of the property is, no doubt, bright in Hinjewadi. It will yield higher results on investing in flats in Pune in the future.
Conclusion
The above factors will help you in deciding on an investment in Hinjewadi. It is a place with ample opportunities and exposure. The unlimited facilities like hospitals, schools, and colleges along with amenities like sports clubs, malls, and shopping complexes make it a favorite destination for living. So, investment by buying flats in Hinjewadi will be the right choice for you in the future.
