The Reasons Behind Real Estate Demand Picking Up In Wakad

After a slump, the past couple of years, the momentum of real estate in Pune has picked up and is now steadily growing. Being the city that attracts professionals and students from across the country and even abroad, the steady influx of people coming to the city is constant. Hinjawadi, Pune’s biggest IT hub, is where residential real estate is flourishing. Ideally, most homebuyers look to buy a home in the areas close to their work which makes flats in Pune Wakad a great option. Serving the most essential criterion in buying a home, Wakad boasts of a great location with brilliant projects like Park Ivory.

As mentioned before, location and connectivity are the two main factors that dictate the decision of potential homebuyers. Wakad happens to fit the bill perfectly as its strategic location along with seamless connectivity to prime areas like Aundh, Baner and Balewadi, Akurdi, Pimpri-Chinchwad, and Hinjewadi, is one of those major reasons for homebuyers to invest in residential real estate here. More importantly, it is also placed on the Mumbai-Pune Expressway which is great for many daily commuters.

Today, homebuyers do not just look for a place to stay – they expect a better standard of living as well as a good quality of life, at a great price. Park Ivory is the perfect example of this kind of holistic living environment and makes for a great stay every day. Additionally, the social infrastructure in the neighborhood is great in terms of providing best-in-class facilities which play an important role for anyone looking to buy a home. Moreover, the emergence of residential real estate in the area and millennials living in and around, it is now emerging as the next ‘IT’ destination in the city.

Being close to the Hinjawadi IT Park definitely works in Wakad’s favor. With many MNCs such as Infosys, Tech Mahindra, TCS, and Cognizant already setting up base here, working professionals prefer Wakad as the best location to live. Yet another reason for an increase in real estate demand picking up in Wakad is its seamless connectivity to Mumbai and other nearby areas. Just like Hinjawadi is the IT belt of Pune, Pimpri-Chinchwad is the industrial belt with many companies from sectors like pharma, telecommunication, and manufacturing adding to its charm.

These multiple benefits are the reason why Wakad has become one of the most ideal locations for homebuyers. And for a better quality of life and standard of living, there is Park Ivory.

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