Pune is turning out to be one of the hotspots for real estate investment and the trend is expected to only increase in the coming years. Areas such as Aundh, Baner, Balewadi etc. offer several exciting investment opportunities that have persuaded individuals to give Pune a serious consideration when looking to invest in real estate. Among all the areas in Pune, Hinjewadi is one area that has become a major sought-after investment destination.
Flats in Hinjewadi offer you the best of amenities, connectivity and facilities that you could want, and that too without breaking your bank. In this article, we delve deeper to understand why Hinjewadi is a promising real estate investment in 2023 and why you should consider buying a property there.
Commercial Hub
The developed commercial hub in Hinjewadi is one of the topmost reasons you should consider investing in the area. Primarily, the development of the Rajiv Gandhi Infotech Park has transformed the area from a suburb to a booming commercial district.
This park is now also known as the Hinjewadi Park and it now occupies 2800 acres and has over 165 offices of top corporations. Not only IT companies but several other organisations such as banking and financial services also have their headquarters in this region.
Connectivity
Possibly the biggest advantage of investing in Hinjewadi is its proximity to the Expressway that is connected with Mumbai’s corporate districts. And that is not all. It is well connected with other regions in the state as well. You can save a lot of money and time in commuting thanks to the uncountable transport facilities available in and around Hinjewadi.
The Pune railway station is just 21.5 kms away whereas the Lohegaon airport is merely 25 kms away from Hinjewadi. Additionally, several industrial areas such as Chakan, Talegaon and Pimpri-Chinchwad are in close proximity to Hinjewadi making it an ideal option for residents as well as corporations.
Developed Infrastructure
If you are planning to buy a property in Pune purely for investment purposes, Hinjewadi is a great location owing to giant IT parks, luxurious social life, etc. Furthermore, the number of educational institutions, hospitals, malls and sports complexes are also increasing making it a favourite hub for investors.
The presence of several renowned hospitals such as Medpoint and Aundh Chest Hospital have also played a crucial role in boosting the infrastructure of this area.
Ideal for Income from Rentals
It can be said without a shred of doubt that Hinjewadi is a great location for individuals looking to earn some passive rental income. The scope for both commercial as well as residential income is extremely high. Many organizations are looking to rent spaces in this area because of its great connectivity.
Likewise, several individuals are looking to buy flats in Hinjewadi owing to the scope for passive income. This has resulted in both commercial as well as residential spaces being extremely popular.
Affordable Prices
Now with all of these advantages mentioned before, you might be worrying about the charges, right? Well, good news for you, there are flats in Hinjewadi for every budget. Whether you want a compact 1bhk or a luxurious 3bhk, the prices of flats in Hinjewadi would not burn a hole in your pocket.
As you can see from the points mentioned above, buying a flat in Hinjewadi is a worthwhile investment that you would surely not regret. While there are several perks of investing in a property here, two of the major ones are it becoming an IT hub and the reasonably priced real estate that is always appreciating in value. So, what are you waiting for? Check out the list of available flats in Hinjewadi on a platform such as Blox and choose your desired property.
