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Hinjewadi, situated on the outskirts of Pune along the Dehu-Katraj Bypass, stands as an upscale suburb. Positioned along the Mumbai Highway (NH-48), it enjoys close proximity to Wakad, Baner, Tathawade, and Balewadi. It hosts the Rajiv Gandhi Infotech Park, a hub for numerous IT companies.
With a population of 38,858 residents, Hinjewadi spans around 33.91 square kilometres, blending residential, commercial, and industrial spaces. It boasts connectivity to key Pune areas through Hinjewadi-Aundh Road, Mumbai Highway (NH-48) and Dange Chowk Road. The locality showcases gated communities, high-end restaurants, vibrant pubs, excellent road networks, and commendable healthcare facilities alongside an array of eateries encompassing delectable street food and chic cafes.
Beyond its corporate prominence, Hinjewadi offers enchanting tourist attractions. The Shri Shiv Chhatrapati Sports Complex, Bhatghar Dam, Chaturshringi Mata Temple, Mhatoba Hill and Mulshi Dam stand as notable landmarks in its vicinity, adding to its allure.
Investing in Hinjewadi presents a compelling opportunity owing to its consistent and rapid appreciation of property values. As Pune's thriving IT hub, Hinjewadi continues to witness substantial growth, driving a persistent demand for real estate. Its strategic location near the Mumbai-Bangalore highway via NH-4 and its proximity to the city centre further enhance its investment appeal. Notably, Hinjewadi offers an impressive average monthly rental range spanning from Rs. 7,700 and Rs. 1,10,00 per square foot for flats, accompanied by a commendable net rental yield of approximately 46.5%.
Furthermore, Hinjewadi stands out due to the prominent presence of well-known developers such as Godrej Properties, MJ Group, Pride Purple Group, VTP Realty, Rajluckxmi Realcon and Mittal Brothers. Their active involvement signifies a strong foundation and credibility in the area, instilling confidence in potential investors.
Here is a statistical data to understand the price trend in Hinjewadi, Pune:
Year | Price/Sq ft |
---|---|
2019 | Rs. 5,900 |
2020 | Rs. 5,900 |
2021 | Rs. 5,150 |
2022 | Rs. 6,150 |
2023 | Rs. 6,700 |
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.
Hinjewadi features a well-planned and modern infrastructure, with leading schools, renowned health centres, efficient recreational spaces, and a network of amenities.
Leading Schools | Renowned Health Centres | Entertainment Venues |
---|---|---|
Mercedes Benz International School | Lifetree Hospital | Ghar Ka Khana |
VIBGYOR High School | Shree Swami Samarth Hospital | Mughal Mahal |
Orchids The International School | Shatayu Hospital Hinjewadi | Mezza9 |
Mahindra International School | CityCare Medical Center | Indian In A Box |
Blue Ridge Public School | Golden Care Hospital | Hyderabad House |
Hinjewadi is renowned as Pune's IT hub, housing numerous IT parks and tech companies, leading to a surge in job opportunities, attracting a skilled workforce and creating a thriving economic ecosystem.
Hinjewadi is located towards western Pune offering smooth connectivity to the Mumbai-Bangalore highway via NH-4. Some nearby localities include Bavdhan, Pirangut, Baner, Balewadi and Mahalunge. The table below provides a quick overview of the distances from Hinjewadi to nearby localities and the estimated commute times:
Locality | Distance from Hinjewadi | Commute Time |
---|---|---|
Bavdhan | 14 km | 18 minutes |
Pirangut | 13 km | 26 minutes |
Baner | 11 km | 12 minutes |
Balewadi | 9 km | 12 minutes |
Mahalunge | 9 km | 13 minutes |
The PIN code of Hinjewadi is 411057. It is situated in the Western part of Pune, in the state of Maharashtra.
Hinjewadi is renowned for housing the Rajiv Gandhi Infotech Park, a huge tech and business park spanning 2,800 acres. Developed by the Maharashtra Industrial Development Corporation, this park serves as a prominent IT hub, hosting numerous multinational corporations like TCS, Infosys, and Wipro and contributing significantly to Pune's status as a major IT destination in India. The area also hosts luxury hotel chains such as Vivanta, Holiday INN, Hyatt and Lemon Tree.
Hinjewadi is considered a desirable place to live for several reasons. It boasts a thriving IT sector, offering ample job opportunities, and is well-connected with smooth road networks. The area features modern amenities, upscale residential options, and a vibrant lifestyle with restaurants and recreational facilities. Retail avenues nearby are Xion Mall, Fountain Market, Vision One Mall, and DMart Hinjewadi. Additionally, the presence of educational institutions and healthcare facilities contributes to the overall quality of life. The International Institute of Information Technology and Symbiosis Institute of International Business are in proximity.
The future of Hinjewadi looks promising with ongoing infrastructure developments, a booming IT sector, and rising real estate demand, with the average weighted price of apartments in Hinjewadi being Rs. 6,700 per square foot. The area's strategic location, proximity to the Mumbai-Bangalore highway, and consistent investment indicate sustained growth. Moreover, the 23.3 km planned metro Line 3 (Hinjewadi Phase III - Civil Court) is expected to boost Hinjewadi's connectivity within the city.
1 BHK in Hinjewadi costs in the range of Rs. 26 Lakh - Rs. 32.6 Lakh
The average size of a 1 BHK in Hinjewadi is 440 sqft.
The rent of 1 BHK in Hinjewadi lies in the range of Rs.11,000 to Rs. 18,000 per month.
2 BHK in Hinjewadi costs in the range of Rs 28.9 Lakh - Rs. 52.6 Lakh.
The average size of a 2 BHK in Hinjewadi is 935 sqft.
The rent of 2 BHK in Hinjewadi lies in the range of Rs. 19,959 to Rs. 31,000 per month.
3 BHK flats in Hinjewadi cost in the range of Rs. 72.5 Lakh - Rs. 1.20 Crore.
The average size of a 3 BHK in Hinjewadi is 1125 sqft.
The rent of 3 BHK in Hinjewadi lies in the range of Rs. 20,400 to Rs. 40,900 per month.
4 BHK flats in Hinjewadi cost in the range of Rs. 1.10 Crore - Rs. 2.40 Crore.
The average size of a 4 BHK in Hinjewadi is 1900 sqft.
The rent of 4 BHK in Hinjewadi lies in the range of Rs. 55,000 - 74,000 per month.
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