5 Reasons Wakad Is An Optimistic Real Estate Market
Located on the northern side of the city, Wakad is one of the fastest growing localities in West Pune. It has now become one of the most coveted destinations for real estate investment.
1. Superb Connectivity
Wakad enjoys excellent connectivity to other prime areas of the city such as Hinjewadi, Aundh, Baner, Pashan, Shivajinagar, Pimple Saudagar and more. Furthermore, Mumbai is just a short drive away via the nearby Pune-Mumbai Expressway.
2. Infrastructural Developments
The proposed BRTS line connecting Wakad to Nashik Phata will ease commuting. The extension of Phase II, line 4 of the proposed metro rail linking Archaeological Survey of India (ASI) to Hinjewadi via Wakad has brought in a lot of investment. There are also plans to widen the two-lane Wakad Road to a 4 lane road. Moreover, several flyovers are in the pipeline which will reduce traffic to a great degree.
3. Great Social Infrastructure
The presence of reputed educational institutions, hospitals, top-notch restaurants, malls, retail joints and entertainment hubs in Wakad enhance the liveability of the locality.
4. Proximity to IT Hub
Wakad’s neighbour, Hinjawadi, houses several major IT companies such as Synechron, Infosys, Geometric Software, KPIT Cummins, Wipro, Siemens, Tech Mahindra, IBM, TCS and Cognizant.
5. Higher ROI
Given the many positives of Wakad, investing in the locality will certainly be profitable and ensure long-term gains. In fact, it has seen consistent price appreciation in the past two years.
Many top builders are showing interest in this location. The renowned Kolte-Patil Developers have come up with Western Avenue – a luxury residential project featuring 2 BHK apartments in Wakad, Pune. It brings to you an unmatched lifestyle, while keeping you conveniently close to the key destinations.
Explore the project Here
Western Avenue is registered with RERA under Registration No. P52100000917 available at website: http://maharera.mahaonline.gov.in