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Rohan Viti is a luxurious residential development built to maximize natural ligh...Read More
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Wakad, situated in Pune, Maharashtra, is a vibrant area known for its strategic location within the western region of the city. Geographically, spanning about 9.49 square kilometres, Wakad is bordered by key neighbourhoods such as Hinjewadi, Pimple Saudagar, and Baner.
With a population of 32,730 residents, Wakad boasts connectivity through major routes like Mumbai Highway (NH 48), Wakad-Bhosari BRTS Road, and Aundh-Ravet BRTS Road.
Renowned for its accessibility to the Rajiv Gandhi Infotech Park, a major IT hub situated 8 km away, Wakad serves as an appealing residential destination for IT professionals. Additionally, the area features popular recreational spots like Xion Mall (4 km), Westend Mall (8 km) and City One Mall (7 km), offering residents varied entertainment options.
Moreover, the location offers close proximity to tourist gems such as Pawana Lake, Mulshi Dam, and Khandala hill stations, making it an ideal living space for residents craving serene getaways and weekend escapes. The region also boasts attractions like Sant Savatamali Udyan, Shaniwar Wada, Lal Mahal, Raja Dinkar Kelkar Museum and Aga Khan Palace, further enhancing its appeal to tourists and residents alike.
Investing in Wakad promises substantial capital growth due to its thriving real estate market. The average property rates for flats in Wakad, Pune, currently hovers around Rs. 7350 per square foot. Over the past years, there has been a significant appreciation in property rates: a 3.3% rise in the last year and 12% in the last 5 years.
Renowned developers such as Kumar Properties, Goel Ganga Group, Kolte Patil Developers Limited, and Paranjape Builder have established a significant presence in the area, guaranteeing top-notch projects and consistent value appreciation.
Here is the statistical data to understand the price trends in Wakad, Pune:
Year | Price/Sq ft |
---|---|
2019 | Rs. 6,600 |
2020 | Rs. 6,700 |
2021 | Rs. 6,650 |
2022 | Rs. 7,050 |
2023 | Rs. 7,350 |
Disclaimer: All the above-mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.
Offering an array of residential and commercial spaces, Wakad promises a vibrant lifestyle with schools, hospitals, and shopping centres in close proximity. Here are some of the notable infrastructure in the area:
Schools | HealthCentres | Recreational Venues |
---|---|---|
Balseva High School | Medicare Hospital | Good Food Roll House & Tandoori House |
Wisdom World School | LifePoint Multispeciality Hospital | Bottoms Up Club |
Shanti Juniors Pre-School | Apex Hospital | Magnum Opus |
Pumpkin Patch School And Day Care | Bhakti Hospital | Pizza Hut |
Akshara International School | Global Multispeciality Hospital | Club 29 |
Wakad, Pune, has become a bustling business hub, attracting a diverse range of enterprises. The area features an ecosystem of startups, established businesses, and commercial establishments.
The PIN code of Wakad in Pune, Maharashtra, India is 411057.
Wakad, once known for the traditional Mhatoba Utsav festival celebrating its village deity for over 450 years, has undergone a significant transformation. Originally agricultural land, it has evolved into a developing area hosting prominent IT companies like TCS, Wipro, Cognizant and Capgemini, thus becoming a hub for real estate investments.
Wakad stands as a sought-after residential locality in Pune, offering a balanced lifestyle with excellent amenities and close proximity to schools, and recreational facilities. Its strategic location, well-planned infrastructure, and connectivity make it an appealing choice. Nearby healthcare centres include Polaris Health Care, NRS Hospital and Ankur Hospital Shivaji Nagar, while the locality benefits from the educational prowess of I2IT Engineering College. Residents also have easy access to popular entertainment destinations like E-Square Xion and INOX.
Wakad's future looks promising, driven by significant infrastructure and a thriving economy. With ongoing real estate initiatives such as Kohinoor Courtyard One, Divine Palm Springs and Kalpataru Exquisite, along with the emergence of tech hubs like TCS, Wipro and Capgemini, Wakad is gearing up for continuous growth. It's positioned to evolve into a crucial hub for businesses and residences, significantly contributing to Pune's overall development scenario.
1 BHK in Wakad costs in the range of Rs. 35 Lakh to Rs. 60 Lakh.
The average size of a 1 BHK in Wakad is 345 sqft.
The rent of 1 BHK in Wakad lies in the range from Rs. 5,000 to Rs. 18,000 per month.
2 BHK in Wakad costs in the range of Rs. 64 Lakh to Rs. 90 Lakh.
The average size of a 2 BHK in Wakad is 625 sqft.
The rent of 2 BHK in Wakad lies in the range of Rs. 20,000 to Rs. 28,000 per month.
3 BHK flats in Wakad cost in the range of Rs. 84.3 Lakh to Rs. 1.23 Crore.
The average size of a 3 BHK in Wakad is 1244 sqft.
The rent of 3 BHK in Wakad lies in the range of Rs. 25,000 to Rs. 40,000 per month.
4 BHK flats in Wakad cost in the range of Rs. 1.56 Crore to Rs. 2.96 Crore.
The average size of a 4 BHK in Wakad is 2084 sqft.
The rent of 4 BHK in Wakad lies in the range of Rs. 50,000 to Rs. 80,200 per month.
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