Emerging It Hub ‘hinjewadi’ Promotes Walk To Work Residential Projects

By Author: Ajay
Total Articles: 4
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Hinjewadi is located in the North-western outskirts of Pune city. The area is a fast-developing IT hub near Pune and it is blessed by walk-to-work kind of projects. This has led to a spurt of residential and commercial complexes within the area.

The successful emergence of industries, shopping malls and restaurants are making Hinjewadi an ideal residential destination. Moreover, it'sclose accessibility to the Pune-Mumbai expressway is making this place a much sought after location. Industry insiders attribute this trend to the government's eagerness to woo hi-tech industries by throwing in liberal incentives by its IT and ITeS policy. The employees working in the IT and Manufacturing industries prefer to buy flats in Hinjewadi that are in a close proximity to their workplace. The upcoming residential projects in Pune of the reputed builders such as Paranjape Schemes, DSK Builders and Developers and TCG RE will receive an over-whelming response in the residential growth pockets like Hinjewadi. The employees will feel the convenience of walk-to-work culture in the area.

Hinjewadi's proximity to the Pune city, ...
... which is approximately a 40 minute drive away, gives it a special edge. Furthermore, Mumbai international airport is only a three-and a-half hour's drive away. As there is a shift in the home buyingtrend, the regular customer is a buyer for a standard sized flat, say, a 2 BHK flat of about 1154 sq. ft. Now-a-days, buyers want to own apartments in larger projects. Hinjewadi hosts several financial, educational institutions and Special Economic Zones (SEZs), which is yet another key reason for attracting the prospective customers.

Hinjewadi’s social and civic infrastructure has played an instrumental role in facilitating the area as a residential hotspot. The quintessential necessities like water and electricity are available in ample amount for the people. The western corridor of Pune is thus, highly developed on all the fronts including residential and real estate development.

Hinjewadi, being an IT hub has witnessed an increase in the demand for homes by the working professionals in the IT sector. Many of these employees are also interested in investing in the area. They know that if they go in for a substantial investment in the residential properties including the spacious flats in Hinjewadi, they will earn handsome amount of Returns on Investment (ROI). Thus, the employees will always be motivated and get encouraged for purchasing flats in such a bustling residential suburb near Pune.

Many famous builders and developers in Pune have forayedinto offering different styles of residential spaces to attractthe buyers who would see better homes as a bonus above living closer to their workplace.
So, buy your dream home in the emerging residential suburb of Hinjewadi near Pune and this is the right time to look for a residential property of your choice!