Hinjewadi is the fastest developing IT hub of Pune located north-west to Pune city. Hinjewadi is 10 km from Pune city, 21 km from Pune airport and 16 km from Pune Railway station. Hinjewadi about one and a half hours from Navi Mumbai and two and half hours from Mumbai city via expressway. Pune IT sector employs more than 70,000 people. In addition to existing software companies like Infosys, Wipro, Satyam, TCS, Cognizant and IBM Global, others are planning to set up operations in Pune, including software giant Microsoft, which intends to set up a Rs 700-crore facility in Hinjewadi.
The area is developing as an education hub with Shri Chanakya Education Society’s Indira Group of Institutes and Jaywant Shikshan Prasarak Mandal (JSPM) have set up campuses in Hinjewadi, with new ones such as Sri Balaji Education Society Law College, D.Y. Patil University’s Global Business School and Research Centre (GBS), and Mula Education Society’s management institute are the new additions to this list. Also, service apartments which are becoming popular because of an acute shortage of hotel rooms in Pune. To cater to the demand of floating IT population in Hinjewadi there are proposed and ongoing developments for service apartments and star hotels. Residential projects with 2bhk and 3bhk flats/apartments are coming up in hinjewadi, also Pune-based Paranjape Schemes has launched a 138-acre IT SEZ and township in Hinjewadi with over 3,000 residential units, as well as hotels and serviced apartments. Hinjewadi is considered as a land of opportunities.
The planning of this area is done in a much better manner and is set to improve. However Hinjewadi has to yet develop as a secure residential hub and in the time to come, infrastructure and basic necessities to be developed in the locality is expected soon. There is constant demand for properties on rent by IT professionals and also to buy as Investment or for residing. Real estate property in Hinjewadi has growth prospects and good returns on investment for individuals and investors as well. Many commercial and residential projects are in offering in Hinjewadi. The Builders and Developers are coming up with residential projects of 1 bhk, 2 bhk and 3 bhk apartments/flats, townships, bungalow and row house projects offering high-end amenities.
Among the Recent/Upcoming Residential and Commercial Projects in Hinjewadi are;
Blue Ridge: S.No. 123, Near Cognizant, Rajiv Gandhi Infotech Park-Phase I, Hinjewadi, Pune 411027. A residential project by Paranjape Schemes.
Blossom homes: S.No.34, Hinjewadi. Tal – Mulshi, Dist – Pune. A Residential Project by Atul Enterprises.
Ekta: Hinjewadi, Pune. A Residential Project for 3,4 BHK apartments by Sumiraj Realty Incorp.
Avenue 2: Hinjewadi, Pune. A Residential Project for plots by Sairung Developers & Promoters Pvt Ltd.
Green Meadows: Hinjewadi, Pune. A Residential Project for plots by Sairung Developers & Promoters Pvt Ltd.
Elite Premio: A Commercial Project By Elite Homes Group.
Sairung Srushti: Hinjewadi. A picturesque township with all exclusive amenities, By Sairung Developers & Promoters Private Ltd.
Megapolis: Hinjewadi, Pune. A Residential Project by Pegasus Properties Pvt. Ltd.
DLF Akruti: Hinjewadi. A Commercial Project by DLF Ltd.
Silicon City: Hinjewadi, Pune. A Residential Project for apartments, villas, row house, by Eiffel Developers & Realtors Ltd.