Overview of Wakad, Pune

Location and Connectivity

Wakad is in Pune's western area, near the Mumbai-Pune Expressway and the Pune-Bangalore Highway. This spot gives easy reach to major IT zones like Hinjewadi and Baner. This makes it a top pick for professionals.

Infrastructure

Major strides have been made to build up Wakad's foundation. We see widened roads and improved connection. Public transport, buses, and taxis are right there. The Pune International Airport lies about 20 km from here. These updates raise living quality and raise property values steadily.

Social Infrastructure

Facilities here are well-developed:

• Education: Renowned schools like EuroSchool and Wisdom World School.
• Healthcare: Hospitals such as Lifepoint Multispeciality Hospital and Aditya Birla Memorial Hospital.
• Shopping: Shopping malls like D-Mart and soon-to-open CityOne Mall.

Residential and Commercial Developments

• Residential: There's a mix of apartments of all sizes. Housing options exist for everyone from those on a budget to those seeking luxury.
• Commercial: Wakad turned into a bustling commercial hub as malls, entertainment centers, and business areas grow. This adds a lively economy.

Lifestyle and Amenities

Wakad has various cultural and recreational spots:

• Parks and Gardens: Lots of places for rest and community events.
• Cultural Centers: Creating bonds among residents.

Property Prices and Trends

• Average Property Rates: Properties in Wakad's average price lands at ₹ 7,229 per sqft. Prices change between ₹ 255 per sqft to ₹ 29,761 per sqft for the fancy kind.
• Price Appreciation: There's a rise in property rates in Wakad. We saw a 11.32% increase last year and 43% in the last 10 years.

Rental Options

If you want to rent, Wakad provides many choices:

• Apartment Choices: 1, 2, and 3 BHK options either fully or semi-furnished. Pet-friendly, high-rise, and studio apartments also here.
• Rental Prices: Ranges from ₹ 25,023 to ₹30,000 monthly, depending on the location and amenities.

PropertyWala's Conclusion

Wakad, Pune, offers a strong choice for those buying homes or looking to invest. Because of its great location, good foundation, and balance of housing and business areas. Its affordable costs, good growth, and complete living style make it an exciting spot. It makes for a lively and promising place to visit Pune's real estate market.