Urgently required 2bhk or 3 bhk near in Wakad Pune, 1 or 2 BHK wanted in Wakad Pune, Need 1bhk apartment for rent in Wakad, 1 BHK required for rent in Wakad, Wanted 2 BHK in Wakad, Need 2000 sq ft commercial space in Wakad, Need shop space in wakad on rent, we run through such Pune property classifieds every morning for the need of residential or commercial properties in Wakad for either need to buy or to rent.

Wakad has developed drastically in last 5 years and the property price heading towards the upward trend. Wakad will be one of the next top localities in outskirt of Pune in the coming years and the reason for it to be so is it is situated just next to IT Park Hinjewadi, Pune. Well connected to Mumbai-Pune expressway, have top MBA institutes, schools and colleges close by, clean and greener landscapes and is close to Aundh. Wakad falls under Pimpri Chinchwad Municipal Corporation (PCMC) limits and has good infrastructure with water supply, electricity and coming up with wide roads. Areas neighboring Wakad are Pimple Saudagar, Pimple Nilakh, Sanghvi, Hinjewadi, Balewadi, Aundh and Baner. Wakad is strategically located for IT professionals as its close proximity to reputed IT companies like Accenture, Infosys, Wipro, TCS, Cognizant, IBM and many more. Its proximity to Mumbai-Pune expressway makes it easier for residents of Mumbai and Navi – Mumbai working in Hinjewadi and students studying in colleges nearby Wakad to travel during the weekends.

Wakad general information:

Nearest Railway Station: Pune Station (Approx 18kms)

Nearest Airport: Vimannagar, Pune (Approx 20kms)

I remember a friend of mine had brought a 2bhk flat in Wakad few years back for around Rs 900 a sq ft. and within a year the property rates had shot up to around Rs 1,600 to Rs 1,800 a sq ft. Today the property rates/price for residential flats is around Rs 2,500 to Rs 3,500 approx, for plots around Rs 1,300 to Rs 1,400 approx, commercial office space around Rs 7,500 approx and commercial shop space around Rs 11,500 approx. Builders and developers see a potential in Wakad, which made them come up with many residential and commercial projects. The Builders are focusing on high end projects of 2 bhk, 3 bhk, villa/bungalow and row house projects. Wakad holds a large amount of population of IT professionals which makes builders to focus on residential projects with facilities and amenities well suited for IT professionals.

There is a growing demand for 1 bhk, 2bhk, 3bhk residential flats/apartments on rent for software professionals and college students in Wakad. Wakad also holds a promising real estate investment for investors and also for individuals who wish to settle down in outskirts of Pune City.

The rising demand for flats and commercial space in Wakad are seen as a great opportunity to Builders, Developers and Property Investors. Lot of new projects with state of art amenities have come up in Wakad among them is,Golden Palms, Ganga Panama, Rainbow, Nisarg Deep, Regalia, Swiss County, The Island, Nisarg Pooja, Nisarg Rainbow, Capriccio, Palash 2.0, Elite Homes, Riv Vista, Ocean Meadows, Spacia, Ganga Silicon Square.