Real Estate Overview of Hinjewadi Phase 3, Pune

Hinjewadi Phase 3 in Pune is quickly becoming a popular real estate location. It provides a mix of residential, commercial, and various infrastructure options. This makes it suitable for both sellers and leasers.

Property Prices and Trends

On average, the cost per square foot in Hinjewadi Phase 3 is about ₹7,721. The prices typically range from ₹3,383 to ₹13,812 per square foot. Property rates have gone up. There was a big jump of 8.94% over the last year, which is a good sign for the market.

Types of Properties Available

Mostly, we find apartments like 1 BHK, 2 BHK, and 3 BHK flats all around. They belong to different housing societies like Kasturi Eon Homes and Pegasus Megapolis Serenity. They often come with added amenities such as gyms, swimming pools, gardens, and areas for kids to play.

Rental Market

For renting, expect ₹21,000 to ₹25,000 per month for a 2 BHK flat. This doesn't include costs for electricity and water. A deposit often ranges from ₹45,000 to ₹75,000. You can find rentals that are fully furnished and partially furnished to meet different preferences.

Infrastructure and Amenities

It's easy to get to key places such as metro stations, bus stops, hospitals, and schools. Nearby, you'll find restaurants and ATMs. Inside the apartments, you'll get things like power backup, secure parking, intercom, water storage tanks, and fire alarms.

Investment Potential

The costs have gone up by a lot over recent years. There was a jump of 28.9% in just the last 3 years. In 5 years, it's gained 38.7%. Hinjewadi Phase 3 presents a good chance for real estate investment.

PropertyWala's Verdict

Hinjewadi Phase 3 is a very good spot for buyers and renters. The strong real estate market, new amenities, and strategic location make it stand out. Given its positive price growth and improvements in infrastructure, it’s likely to be a smart choice for those looking for space to live or a smart investment.