Planning to invest in Hinjewadi, Pune? But wondering whether it’s worth investing in? When it comes to investing in Hinjewadi, buyers often face a dilemma, as Pune has several thriving localities. So, to make things easier for you we have described the 7 amazing reasons to invest in Hinjewadi.
Hinjewadi is one of the fastest-growing cities and is highly regarded as the state economic center. Generally, it is considered to be a prominent and well-known location for the IT sector throughout India. Today it is one of the most popular real estate centers in the city along with Wakad, Balevadi, Kothrud, Aundh, and Baner.
Due to its continuous development, investing in properties in Hinjewadi can fetch you a good amount of returns. Also, it is considered one of the largest IT centers in Pune and ideal for real estate investments. Apart from high returns, there are several other reasons why the area is suitable for real estate investment. Below we explain the reasons to invest in Hinjewadi or the benefits of investing in Hinjewadi.
Why should you invest in Hinjewadi? | Reasons to invest in Hinjewadi
1- INFRASTRUCTURE dEVELOPMENT | Connectivity
The area offers connectivity to the other localities in Pune and IT institutions situated in Baner and Aundh. Hinjewadi also has proximity to two most popular highways i.e, Mumbai-Pune Expressway and Pune-Bangalore Bypass. The area also offers rich green areas and natural beauty as well as ample opportunities for high return on investment. The area consists of some well known hospitals including Lata Mangeshkar Hospital, Medpoint, Sahyadri Hospital, and Aundh Chest Hospital.
2- Profitable Deal
Real estate considered one of the smartest and reliable investments after gold. However, in the case of real estate, it is crucial to invest in the right place at the right time. Talking about the present scenario of Hinjewadi, it is absolutely an ideal destination for property investment. The area is witnessing high economic and infrastructure development and is one of the reasons to invest in Hinjewadi. It offers a pretty good price appreciation and you can definitely expect a higher return on investment in the future.
3- Education and Commercial Institutions
The presence of educational institutions plays important role in determining the demand of real estate in an area. Hinjewadi also known as an education center because there are many national, international schools and universities around it. Recently, many business schools, law colleges, engineering and art colleges have opened here. As a result, you can see a crowd of students from different parts of India. Some of them settle here with their families as they get permanent jobs after higher education. Ultimately, results in a surge in the demand for housing sector. Some notable educational institutions here include Indira College, Sinhgad College, MIT, and parts of Pune University.
Check out:- flat for sale in Hinjewadi
4- Ideal for rental income
No doubt Hinjewadi is an ideal destination for people looking for passive or rental income source. Rental incomes can be one of the reasons to invest in Hinjewadi. Both commercial and residential real estate segments can fetch you good rental incomes. Many companies looking for office space and working professionals looking for rental apartments for themselves and their families. Hence, both commercial and residential sectors are in great demand.
5- Excellent Growth Potential
Another advantageous aspect of real estate investing in Hinjewadi is that it has a high growth potential. Several business centers want to expand their office in Hinjewadi, ultimately creating more employment opportunities. This will lead to the immigration of potential buyers from different parts of the country. As a result, increasing the demand for real estate in the upcoming year.
6- Prominent Business Parks
There are several business centers located in Hinjewadi with office space and with highly developed infrastructure. Several leading MNC companies have offices here, resulting in an increase in employment, which in turn has led to an increase in demand for residential properties. Some prominent IT parks include Quadron Business Park, Embassy Techzone, and Blueridge. Hinjewadi also well connected with other parts of the city, close to the Pimpri-Pune railway junction and Pune airport.
7- Varied Housing Options
Hinjewadi offers a varied range of housing options to investors as well as end-users. There are apartments, bungalows, townships, villas which are also built for residential purposes only. The price of an apartment in Hinjewadi varies from Rs 4,200 to 6,800 per sqft. There are many residential properties in different segments including luxury and affordable properties for living and investment purposes. So, these are some reasons to invest in Hinjewadi . Further if you have any query or doubt, then feel free to contact us!