About Wakad

Wakad has emerged as one of Pune's fastest-growing and most sought-after residential destinations, attracting IT professionals, families, and investors alike. Located in the PCMC (Pimpri-Chinchwad Municipal Corporation) area, Wakad offers the perfect blend of urban convenience and comfortable living. Its strategic location adjacent to Hinjewadi IT Park, one of Asia's largest IT hubs, makes it extremely popular among tech professionals.

The locality boasts excellent connectivity to key areas including Baner, Aundh, and Pimple Saudagar, with direct access to the Mumbai-Pune Expressway via Wakad Road. Wakad is home to several renowned schools like VIBGYOR, Orchid, and Blue Ridge, as well as hospitals including Jupiter Hospital and Aditya Birla Hospital.

Real estate in Wakad has shown consistent appreciation, with property rates growing at 10-12% annually. This growth is driven by the expanding Hinjewadi IT corridor, commercial development along Wakad-Dange Chowk Road, and upcoming metro connectivity. Investing in Wakad properties offers not just a premium lifestyle but also strong returns on investment, making it ideal for both end-users and investors.

Why Wakad is Pune's Fastest-Growing Residential Hub

• Strategic location: Adjacent to Hinjewadi Phase 1–3, quick access to Baner, Pimple Saudagar, Pimple Nilakh, and the Mumbai–Pune Expressway.
• Wide project choice: From affordable 1 BHK to luxury 4 BHK apartments, gated communities by reputed builders like Kolte Patil, Kumar, Paranjape, and VTP.
• High livability: Westend Mall, cafés, gyms, E-Square Multiplex, parks, and daily conveniences within walking distance.
• Strong appreciation: 10-12% annual growth with excellent rental demand from Hinjewadi IT workforce.

Connectivity & Infrastructure

• Primary corridors: Wakad-Dange Chowk Road, Wakad-Hinjewadi Road, and Wakad-Baner Link Road connect to Baner, Aundh, and the Mumbai-Pune Expressway.
• Hinjewadi IT Park: ~3–5 km | ~10–20 mins via direct Wakad-Hinjewadi Road (peak hour dependent).
• Mumbai–Pune Expressway: Entry via Baner ~5–7 km | ~15 mins; seamless weekend commutes to Mumbai.
• Airport: Pune International Airport ~22–25 km | ~45–60 mins via Aundh-University Road corridor.
• Railway: Pune Junction ~18–20 km | ~40–50 mins; Khadki Station ~10–12 km | ~25–35 mins.
• Metro: Hinjewadi–Shivajinagar Metro (Line 3) under construction with stations at Wakad and Dange Chowk, expected to boost connectivity significantly.
• Public transport: PMPML and PCMC buses offer frequent services to Hinjewadi, Aundh, Shivajinagar, and Pimpri-Chinchwad.
• Upcoming upgrades: Wakad-Dange Chowk road widening, Hinjewadi-Wakad flyover, and metro integration for improved commutes.

Lifestyle, Retail & Entertainment

• Leisure: Dange Chowk Road cafés and restaurants, fitness studios, premium salons, and multiplexes nearby.
• Shopping: DMart Wakad, Westend Mall, E-Square Multiplex, Xion Mall (Hinjewadi), and local high streets.
• Parks: Wakad Garden, neighborhood greens, jogging tracks; short drives to Pashan Lake for weekend outings.

Shopping & Daily Needs (Approx. distance from Wakad center)

• Westend Mall — ~3–4 km | Lifestyle brands, multiplex, food court
• Xion Mall, Hinjewadi — ~4–5 km | Retail + entertainment
• DMart Wakad — ~1–2 km | Groceries and essentials
• Reliance Smart / More Supermarket — ~1–2 km | Multiple outlets in Wakad area
• Local High Street – Dange Chowk — within ~0–2 km | Pharmacies, bakeries, salons, electronics
• Phoenix Marketcity (Viman Nagar) — ~18–20 km | Premium shopping destination
• Seasons Mall (Magarpatta) — ~20–22 km | Lifestyle and entertainment

Entertainment & Recreation (Approx. distance from Wakad center)

• E-Square Multiplex Xion — ~4–5 km | Multiple screens, gaming zone, food court
• Westend Mall Cinemas — ~3–4 km | PVR/INOX screens
• Dange Chowk Cafés — ~1–2 km | Nightlife, cafés, dessert bars
• Wakad Sports Complex — ~1–2 km | Cricket, swimming, gym facilities
• Pashan Lake — ~6–8 km | Nature walks, birding, morning jogs
• Clubs & Fitness — within ~1–3 km | Gold's Gym, Talwalkars, yoga studios

Education & Healthcare

• Schools: VIBGYOR High, Blue Ridge Public School, Orchid, Tree House, SNBP, EuroSchool, and other reputed institutions.
• Colleges: Proximity to MIT Pune, Symbiosis, and multiple engineering/management colleges in the region.
• Hospitals: Jupiter Hospital, Aditya Birla Hospital, Sahyadri, and multi-specialty clinics within a 5–15 minute radius.

Nearby Schools (Approx. distance from Wakad center)

• VIBGYOR High Wakad (CBSE/ICSE) — ~1–2 km | Wakad
• Blue Ridge Public School (CBSE) — ~2–3 km | Hinjewadi
• Orchid School (CBSE) — ~4–5 km | Baner
• Tree House High School (CBSE) — ~2–3 km | Wakad
• SNBP International School (CBSE) — ~3–4 km | Rahatani
• EuroSchool Wakad (ICSE/CBSE) — ~1–2 km | Wakad
• Indira National School (SSC) — ~3–4 km | Wakad
• Delhi Public School (CBSE) — ~8–10 km | Nigdi

Employment & Business Hubs

• IT & Corporate: Hinjewadi IT Park Phase 1, 2 & 3 (Infosys, Wipro, TCS, Cognizant, Persistent, Tech Mahindra, etc.) – just 3-5 km away.
• Commercial: Wakad Business Hub, Xion Commercial Complex, Blue Ridge Township commercial, and growing office spaces along Dange Chowk.
• Startups/SMEs: Coworking spaces like WeWork, Regus, and boutique offices attracting startups and consulting firms.

Real Estate Snapshot (Wakad, Pune)

• Property types: 1, 1.5, 2, 2.5, 3 & 4 BHK apartments; some luxury penthouses in premium projects.
• Pricing trend: Average prices ~₹6,500–₹9,500 per sq.ft (micro-location and project dependent).
• Ticket sizes: 1 BHK ~₹40L–₹60L, 2 BHK ~₹65L–₹1Cr, 3 BHK ~₹1Cr–₹1.5Cr+, premium 4 BHK higher.
• Rental yields: Typically ~3.5%–4.5% with strong demand from Hinjewadi IT professionals.
• Amenities: Clubhouse, pool, gym, landscaped gardens, kids' play, jogging tracks in most new projects.

Who Should Buy in Wakad?

• IT Professionals working in Hinjewadi seeking short commutes and quality living.
• First-time buyers looking for affordable yet well-connected homes near IT hubs.
• Investors seeking rental income and capital appreciation from IT employee tenant pool.
• Families preferring good schools, hospitals, and a family-friendly environment.

Nearby Localities

Hinjewadi, Baner, Pimple Saudagar, Pimple Nilakh, Rahatani, Thergaon, Dange Chowk, Kalewadi, and Pimpri-Chinchwad.

Upcoming Growth Drivers

• Hinjewadi–Shivajinagar Metro Line 3 with stations at Wakad and Dange Chowk – expected to transform connectivity.
• Continued expansion of Hinjewadi IT Park Phase 3 and upcoming Phase 4 driving employment growth.
• Wakad-Dange Chowk road widening and new flyovers reducing travel time to Hinjewadi.
• Ring Road connectivity improving access to other parts of Pune.