Reasons Why Hinjewadi is The Best Place To Invest in Pune

The improved infrastructure backed by the expanding IT sector has made Hinjewadi a commercial and residential real estate hub. The increased foray of reputed developers into Hinjewadi makes it an ideal investment hub. The main reasons for investment in real estate are returns on investment. This can be via rentals, price appreciation, or both. The rentals and prices must keep appreciating for the investment to be lucrative. This can happen if the demand for the properties keeps increasing. Demand is driven by several factors which can have positive or negative impacts.

This blog discusses the reasons why demand for properties in HInjewadi is expected to be high so that investors can expect good returns.

1. Tech Hub

The government developed Hinjewadi as an IT hub. One of the biggest IT parks of Pune  - Rajiv Gandhi Infotech is in Hinjewadi along with several others. The region employs lakhs of IT professionals as it is home to large IT MNCs like Tech Mahindra, Infosys, Wipro etc. This is a prime location for IT professionals who are seeking employment as well as those working in it. The region is also known for a thriving entrepreneurship culture, as a result, the demand for housing, like 2 BHK flats in Hinjewadi, is high. Investing in 2 BHK apartments in Hinjewadi is profitable as professionals working here seek residence close to their offices.

2. Infrastructure

The Mumbai-Pune Expressway, Pune-Bengaluru Highway, and the Mumbai-Bengaluru National Highway pass through or are near Hinjewadi, providing seamless connectivity to major cities. Locations like Baner, Bavdhan, Wakad, Kothrud, and Balewadi are easily accessible from Hinjewadi.  These regions are major tech hubs employing many professionals. The upcoming Hinjewadi-Shivajinagar Metro line will further enhance the connectivity and accessibility of this area, making it even more attractive for residents and investors. There is potential for commercial and residential projects following these developments to meet the growing demand for real estate.

3. Quality of Life

The emergence of IT parks, a large young working population, and growth of real estate have converted Hinjewadi into a thriving hub of urban lifestyle. A wide range of lifestyle amenities like malls, shopping centers, cafes, and restaurants in Hinjewadi have become a major attraction. These allow the young folk to socialize and unwind after a hectic day and on holidays.

The presence of good social infrastructure like good schools, colleges, hospitals, and convenience stores makes it favorable for families. The region is safe and secure letting families live a stress-free and comfortable lifestyle.

All these factors make Hinjewadi an attractive location for professionals to settle down here. This in turn boosts the demand for residential and commercial real estate.