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Project Of The Month | 13th February, 2025
Once a remote suburb on the western side of Pune city, Hinjawadi gained prominence after the Rajiv Gandhi Infotech Park was established in the 1990s. The Maharashtra Industrial Development Corporation (MIDC) offered incentives like wavering stamp duty on properties built on MIDC land in Hinjawadi, encouraging major IT MNCs such as Infosys, Wipro, and TCS to set up their campuses. This attracted other players in the IT and related industries to follow, making Hinjawadi one of the prime residential regions in the city for locals and migrants working in these sectors.
Let us understand the advantages of living in Hinjawadi:
1. IT Hub
Hinjawadi is an important hub for IT professionals as it hosts large IT companies. The employment opportunities for IT and related professionals are high, making it well-suited for them to settle down here. It also provides an ecosystem for IT professionals to network and collaborate for many possibilities.
2. Infrastructure
Hinjawadi boasts of excellent infrastructure with the Mumbai-Pune Expressway, Pune-Bengaluru Highway, and the Mumbai-Bengaluru National Highway passing through or near Hinjawadi. The Hinjawadi-Shivajinagar Metro line is expected to improve the mobility of residents, further connecting them to other IT hubs in the city.
3. Connectivity
Hinjawadi is well connected to all the suburbs of Pune via road, rail and metro. Locations such as Baner, Bavdhan, Wakad, Kothrud, and Balewadi are easily accessible from Hinjawadi. These regions are major tech hubs employing many professionals.
4. Vibrant Social Life
The prevalence of IT parks and a large IT population in Hinjawadi resulted in a vibrant social life with numerous world-class shopping malls, cafes, restaurants, multiplexes, and recreational facilities. Young professionals have numerous avenues to unwind during weeknights and weekends, allowing for a balanced life.
5. Healthcare Facilities
Hinjawadi has state-of-the-art healthcare facilities available 24x7. Residents can easily reach out to these facilities during emergencies.
6. Educational Facilities
Pune is well known as an educational hub, and Hinjawadi too has some of the best schools, colleges and professional institutions like Symbiosis International University and Indira College, where residents can pursue their training and development.
7. Green Spaces
The residents of Hinjawadi can easily access green spaces, parks, and various ‘tekdis’ in the Sahyadri Hills for various activities like trekking and excursions. The greenery positively impacts the quality of life promoting a healthy lifestyle.
8. Community and Safety
Hinjawadi is ideal for the community living in Pune. Low crime rates, safe neighbourhoods and community activities foster a sense of belonging. The 2 BHK flats in Hinjawadi and 3 BHK flats in Hinjawadi community projects are most preferred by home buyers.
9. Booming Housing sector
The housing sector of Hinjawadi offers a wide range of housing options from affordable homes to luxury villas and apartments. Home buyers and investors with any budget can now find a property of their choice - by budget, space, and number of rooms - in Hinjawadi.
10. Investment Potential
Given the booming IT sector and demand for housing in the region, Hinjawadi is known as one of the premium Real Estate investment destinations. The rising Real Estate value, and excellent returns have attracted investor attention from all over.
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