If you are thinking of buying apartments in Wakad, you should certainly consider the infrastructural progress of the locality in recent times. Wakad is home to several big ticket projects by leading developers like Kolte Patil, BU Bhandari, Mahindra Lifespaces, RK Lunkad and Kasturi among others. You will find several entry level, luxury and mid range projects here and the diversity of housing options available should suit most pockets. There are several newly launched projects while some are ready to move in or in advanced stages of construction. 2 and 3 BHK housing units are predominantly available here and the property rates are comparatively reasonable in comparison to several other areas in Pune.
Prospective home buyers prefer to purchase apartments in Wakad on account of rapid growth in civic infrastructure witnessed by the locality along with the development of new roads and establishment of water lines. The real estate market in the area has directly benefited from saturation and congestion in neighboring localities like Aundh. Wakad is located near the Infotech and Biotech parks at Hinjewadi along with the Pimpri Chinchwad Industrial Zone. The Mumbai-Bangalore Bypass also runs in close proximity to the locality and this is another major draw for prospective buyers. The Express Highway to Mumbai is also accessible from the area along with the Balewadi National Sports Complex. Wakad is also a better choice in comparison to several areas in the city in terms of overall civic infrastructure.
Wakad is under the PCMC and offers a good drainage system in tandem with excellent power and water supply. There are several good roads in the area while Aundh and Baner are located approximately 5-7 kilometres away from the area. The Pune Airport and railway station are situated around 20 and 11 kilometres away from the locality respectively. There are numerous hospitals, educational institutions, stores and shopping malls near the locality while several business and IT zones are also located near it. There are several infrastructural developments which will boost the real estate market here in the near future as well. These include the flyover connecting Pimpri Chinchwad and Hinjewadi and this will pass through the locality. The completion of the Pune metro phase will also connect Wakad to several parts of Pune while the BRTS development will also be another connectivity booster.
These are major factors behind the surge in demand for apartments in Wakad. Shroff Signature Heights is one of the hottest projects that you should definitely check out here. This project offers 1 and 2 BHK apartments that are priced between INR 34.15-57.17 lakhs as on October 2016. The project lies near major roads like the Kalewadi Main Road, Bypass and Wakad Road. Key attractions include a gymnasium, swimming pool, power backup facilities, badminton court, playing areas for children, 24 hour security services, solar heaters, intercom facilities, central Wi-Fi, party hall and rainwater harvesting systems among others.
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