Pune is a sprawling city and since it has been nominated the best city to live in India, many people are willing to invest in property in Pune.
Pune also has a good education and employment opportunities. Investing in upcoming suburbs is always beneficial because of comparatively cheaper property pricing and higher returns on your investment.
One of the Pune’s upcoming suburbs, Wakad, is in great demand due to fastest growing localities of Pune Metropolitan Area. Wakad is located in Pimpri Chinchwad. It is one of the most sought-after locations in Pune. Wakad houses a lot of IT professionals working in MNC due to its proximity to Infotech and Biotechnology Park and Rajiv Gandhi IT Park at Hinjewadi. IT sector has played a significant role in the remarkable growth of Wakad. Pune-Mumbai Expressway makes Wakad a prominent location.
Wakad has renowned educational institutions, hospitals, multi-national companies, restaurants so that people investing in Wakad do not need to worry about convenience or comfort. Some prominent areas such as Baner, Hinjewadi, Balewadi, Aundh are in the vicinity of Wakad.
For the past four years, Wakad has seen remarkable growth in residential property projects. Wakad is also known as an investment hub for the people looking to invest in Pune.