Wakad – a home to IT Professionals
Real estate in Wakad, a locality in Pimpri-Chinchwad, is growing at a fast pace. Aundh being fully occupied, the neighbouring Wakad is now Pune’s new most-sought location after Aundh and Baner.
The locality is a preferred choice of investment for most of the IT professionals as the IT park at Hinjewadi is in proximity. It is expected that the rate of appreciation is also high in this area.
Pimpri-Chinchwad Municipal Corporation (PCMC) has developed the roads, provided the area with proper water supply, efficient drainage system, good electricity and other civic infrastructure of the locality.
Wakad is located in proximity of the Express Highway to Mumbai, Pimpri-Chinchwad Industrial area, Infotech and Biotech Parks at Hinjewadi, Mumbai-Bangalore Bypass, and Balewadi National Sports complex which has made it a perfect place for investment.
There are many upcoming residential projects in Wakad including apartments, bungalows and row house projects and many builders at Wakad are offering high-end modern amenities.
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Source: The Economic Times
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