Everything You Should Know Before Investing/Buying Property in Wakad, Pune : A Comprehensive Guide
If you’re looking for a promising location to invest in real estate, you may want to consider Wakad in Pune. With its excellent location, robust infrastructure, and significant development prospects, Wakad offers plenty of opportunities for real estate investors and homebuyers alike. In this article, we’ll explore why you should invest in property in Wakad, and how you can find the right flat for sale in this area.
Location and Connectivity:
One of the key reasons why Wakad is an ideal location for real estate investment is its strategic location. Situated in the western part of Pune, Wakad is well-connected to the city’s major destinations, such as Hinjewadi, Baner, Aundh, and Pimple Saudagar. The area is easily accessible via the Mumbai-Pune Expressway, which connects to major cities such as Mumbai and Bangalore. Moreover, Wakad is close to the Pune-Mumbai Expressway, which makes it an ideal location for professionals who commute between the two cities.
Infrastructure and Development Prospects:
Another factor that makes Wakad an attractive location for real estate investment is its robust infrastructure and development prospects. The area has witnessed significant development in recent years, with the construction of several residential and commercial projects. This has led to a rise in demand for property in Wakad, which has, in turn, driven up property prices.
Additionally, the area has excellent social infrastructure, with a wide range of schools, hospitals, shopping malls, and entertainment centers. Some of the popular schools in the area include EuroSchool, Wisdom World School, and DAV Public School. Moreover, Wakad is close to the IT hub of Hinjewadi, which has led to a surge in demand for residential property in the area.
Affordability:
Despite its excellent location and robust infrastructure, Wakad offers affordable real estate options, which makes it an attractive location for first-time homebuyers and real estate investors alike. The area has a wide range of property options, ranging from 2 BHK to 3.5 BHK flats, which cater to the diverse needs of buyers. Moreover, compared to other prominent locations in Pune, such as Baner and Aundh, property prices in Wakad are relatively affordable.
Tips for Finding the Right Flat for Sale in Wakad:
If you’re planning to invest in property in Wakad or want to buy property in wakad, here are some tips to help you find the right flat for sale:
- Choose a reputable builder – To ensure that you invest in a high-quality property, make sure to choose a builder with a proven track record of delivering high-quality projects. Some of the reputed builders in Wakad include RGS Realty, ANP Corporation, Mihir Group etc.
- Research the locality – Before investing in a property, make sure to research the locality thoroughly. Check the proximity to key amenities such as schools, hospitals, and shopping malls. Additionally, check the connectivity of the area, and the potential for future development.
- Check the legal documents – To avoid any legal hassles in the future, make sure to check the legal documents of the property, such as the title deed, approvals from the authorities, and other necessary certificates.
- Evaluate the pricing – Before investing in a property, make sure to evaluate the pricing carefully. Compare the prices of different properties in the area, and ensure that you’re paying a fair price for the property.
Top 5 projects:
If you are looking for a property investment or want to buy property in Wakad, Pune, you may want to consider these top 5 projects. These properties offer spacious flats for sale with a variety of amenities, making them an excellent option for homebuyers and investors.
1. RGS Forte:
Developed by RGS Realty, RGS Forte is a luxurious residential project in Wakad. It features 3 BHK flats for sale only with top-notch amenities like a swimming pool, gymnasium, and children’s play area. The project’s strategic location near Hinjewadi IT Park makes it a great investment for professionals.
2. ANP Ultimus:
ANP Corporation has developed ANP Ultimus, a premium residential project in Wakad. It features spacious 2 BHK, 2.5 BHK, 3 BHK and 3.5 BHK flats for sale with modern amenities like a clubhouse, gymnasium, and landscaped garden. The project’s proximity to Hinjewadi and the Mumbai-Pune Expressway makes it an attractive investment for homebuyers.
3. MJ Opera:
MJ Developers’ MJ Opera is another premium residential project in Wakad that offers 2 BHK and 3 BHK flats for sale. The project features amenities like a clubhouse, swimming pool, and landscaped garden. Its location near the Hinjewadi IT Park and other business hubs makes it a great investment for professionals.
4. Mihir Amara:
Mihir Group’s Mihir Amara is a well-designed residential project in Wakad. It offers 2 BHK and 3 BHK flats for sale with amenities like a clubhouse, landscaped garden, and children’s play area. The project’s location near the Mumbai-Pune Expressway makes it an attractive investment option.
5. Pebbles GreenField:
Developed by Abhinav Group, Pebbles Greenfield is a beautiful residential project in Wakad that offers 2 BHK and 3 BHK flats for sale. It features amenities like a clubhouse, swimming pool, and landscaped garden. Its proximity to Hinjewadi and the Mumbai-Pune Expressway makes it an attractive investment option for homebuyers.
Investing in a property in Wakad or buying property in wakad can be a wise decision due to its proximity to IT parks and business hubs. With these top 5 projects in wakad, you have a range of options to choose from. Whether you are looking for a luxurious lifestyle or a budget-friendly option, these properties offer flats for sale to suit all requirements.
Conclusion:
In conclusion, Wakad, Pune is an ideal location to invest in real estate. With its excellent location, robust infrastructure, and significant development prospects, the area offers plenty of opportunities for real estate investors and homebuyers. Additionally, the affordability of property in Wakad makes it a suitable choice for first-time homebuyers. If you’re planning to invest in property in Wakad, make sure to do your research, choose a reputable builder, evaluate the pricing, and check the legal documents thoroughly. With the right investment strategy and due diligence, you can find the right flat for sale in Wakad and enjoy the benefits of owning a property in this promising location.
Explore the Best Luxury Residential Properties in Wakad: A Visual Tour of Amenities and Style:
Here are FAQs related to Wakad:
There are various options for flats for sale in Wakad, including 2 BHK, 2.5 BHK, 3 BHK and 3.5 BHK flats for sale. Some popular projects include RGS Forte, ANP Ultimus, MJ Opera, Mihir Amara, Pebbles Greenfield etc.
The average cost of flats in Wakad varies depending on the location and the type of flat. On average, 1 BHK flats start at around Rs. 35 lakhs, while 2 BHK flats can cost anywhere from Rs. 70 lakhs Onwards and 3 BHK flats can cost anywhere from Rs. 95 lakhs Onwards.
Wakad is a rapidly developing area and is expected to see significant growth in the future. Investing in real estate in Wakad can provide good returns, especially if the property is located in a prime location.
Some of the best areas to invest in real estate in Pune are Wakad, Tathawade, and Hinjewadi etc. These areas are close to major IT hubs and offer good connectivity to other parts of the city.
The real estate market in Wakad is currently on an upward trend. With the rapid development of the area, the demand for properties is increasing, which is leading to an increase in property prices.
Some factors to consider before investing in real estate in Wakad include location, builder reputation, amenities, and future development plans for the area.
The best way to invest money in real estate in Wakad is to do thorough research and choose a property in a prime location with good amenities and potential for future growth.
Yes, NRIs can invest in real estate in Wakad. They are subject to the same rules and regulations as Indian residents when it comes to investing in property.
Some of the documents required for investing in real estate in Wakad include identity proof, address proof, income proof, PAN card, and bank statements. It is important to check with the builder or real estate agent for a complete list of required documents.
