The property’s location is a crucial factor to consider while purchasing a residential property. This feature affects the price of a property and a large deal of the property’s user or inmates’ convenience. In terms of Pune city, Hinjewadi is one region that provides residents with several first-rate amenities. This is certainly one of the primary factors that make Hinjewadi real estate investing so profitable. Check out the article to get insights on the latest property rates in Hinjewadi.
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Property Rates In Hinjewadi
Hinjewadi is a premium locality of Pune, the area has seen significant growth and the rise of commercial settlements, especially IT parks.
When it comes to creating brand-new residential real estate developments, the region has become one of the top objectives for developers.
This is one of the main causes for the residential market in Hinjewadi being one of the most active in all of Pune.
Mangesh Jagtap, Homebazaar.com AVP said,” I’m proud to witness a remarkable 55% sequential surge in Pune, marking the launch of 1,756 new residential units. This dynamic growth underscores the city’s allure, with key locales such as Kharadi, Hinjewadi, Wakad, and Hadapsar leading the charge, contributing to over 50% of the exciting new launches. Pune’s real estate landscape is evolving, and Homebazaar is dedicated to guiding you through this transformative journey, ensuring every home is a symbol of aspiration and fulfilment.”
The numerous residential real estate developments that have sprouted up in and around the area make it simple to infer this factor.
The property rates in Hinjewadi have increased by 23% with high demand for this locality.
Real Estate Overview Of Hinjewadi
The region of Hinjewadi not only boasts a huge number of facilities, but it also holds the promise of fresh and further improvements in the years to come. This factor has contributed to a positive trend in the Hinjewadi real estate market for landed homes.
- Over 70000 people worldwide find jobs at the Hinjewadi IT Park. Global software behemoths like Wipro, Satyam, TCS, Infosys, IBM Global, and Cognizant have drawn business to Pune’s IT hub.
- These businesses are renowned for giving all of their employees fair and abundant chances for professional progression.
- Many top builders are developing projects in Hinjewadi looking at its growth and social infrastructure development the area is going to bloom in the coming years.
- The area not only gives the best residential properties but also offers excellent connectivity to its residents.
- Hinjewadi and Pimpri Bus stands are in the vicinity, also Hinjewadi has access to the Mumbai-Bangalore expressway. Upcoming metro connectivity will boast connectivity to this region in future.
- The property rates in Hinjewadi will increase in upcoming years considering the above factors making it a lucrative place to invest.
Also, check out Pune’s Metro rail Timing, Route and Fare.
Hinjewadi Property Rates Per Square Feet
Increasing price trend with excellent connectivity and development makes Hinjewadi one of Pune’s best residential hubs.
Here are property rates in Hinjewadi per square foot wise.
Localities | Hinjewadi Property Rates Per Square Feet (Avg) |
Hinjewadi Phase 1 | Rs 11,122 |
Thakar Nagar Road | Rs 10,928 |
Hinjewadi – Kasarsai Rd | Rs 9,175 |
Maan Rd | Rs 9,005 |
Rajiv Gandhi IT Park – Phase III | Rs 12,029 |
Laxmi Chowk Rd | Rs 10,548 |
Blue Ridge Chowk | Rs 10,337 |
Hinjewadi Phase 2 | Rs 5,500 |
Hinjewadi Rajiv Gandhi Infotech Park | Rs 11,000 |
Bhoirwadi Rd | Rs 8,841 |
Maan Village Road | Rs 9,393 |
Hinjawadi Wakad Road | Rs 6,198 |
Birlasoft Road | Rs 8,126 |
Wakad Link Road | Rs 9,867 |
Praj Industries Road | Rs 8,673 |
Hinjewadi Phase 3 | Rs 5,616 |
Also check out the latest Ready Reckoner Rates in Pune 2024
1 BHK Flat Rates In Hinjewadi
Here are property rates in Hinjewadi with a 1 BHK flat rate.
Localities | 1 BHK Flat Rates In Hinjewadi (Rs) |
Hinjewadi Phase 1 | 33 – 55L |
Thakar Nagar Road | 32- 54L |
Hinjewadi – Kasarsai Rd | 27.52 – 45L |
Maan Rd | 27 – 45L |
Rajiv Gandhi IT Park – Phase III | 36 – 60L |
Laxmi Chowk Rd | 31 – 52L |
Blue Ridge Chowk | 31 – 51L |
Hinjewadi Phase 2 | 16.50 – 27.50L |
Hinjewadi Rajiv Gandhi Infotech Park | 33 – 55L |
Bhoirwadi Rd | 26 – 44L |
Maan Village Road | 28 – 46L |
Hinjawadi Wakad Road | 18.59 – 30L |
Birlasoft Road | 24 – 40L |
Wakad Link Road | 29.60 – 49L |
Praj Industries Road | 26 – 43L |
Hinjewadi Phase 3 | 16 – 28L |
Also, check out Top Affordable Places to Live in Pune 2024
2 BHK Flat Rates In Hinjewadi
Here are property rates in Hinjewadi with 2 BHK flat rates.
Localities | 2 BHK Flat Rates In Hinjewadi (Rs) |
Hinjewadi Phase 1 | 61L – 1Cr |
Thakar Nagar Road | 60L – 98L |
Hinjewadi – Kasarsai Rd | 50L – 82L |
Maan Rd | 49.52L – 81L |
Rajiv Gandhi IT Park – Phase III | 66L – 1Cr |
Laxmi Chowk Rd | 58L – 94L |
Blue Ridge Chowk | 56.85L – 93L |
Hinjewadi Phase 2 | 30L – 49L |
Hinjewadi Rajiv Gandhi Infotech Park | 60L – 99L |
Bhoirwadi Rd | 48L – 79.56L |
Maan Village Road | 51.66L – 84L |
Hinjawadi Wakad Road | 34L – 55.78L |
Birlasoft Road | 44L- 73L |
Wakad Link Road | 54L – 88.80L |
Praj Industries Road | 47.70L – 78L |
Hinjewadi Phase 3 | 30L – 50L |
3 BHK Flat Rates In Hinjewadi
Here are property rates in Hinjewadi with 3 BHK flat rates.
Localities | 3 BHK Flat Rates In Hinjewadi (Rs) |
Hinjewadi Phase 1 | 1Cr – 1.6Cr |
Thakar Nagar Road | 1Cr – 1.6Cr |
Hinjewadi – Kasarsai Rd | 87L – 1.3Cr |
Maan Rd | 85L – 1.3Cr |
Rajiv Gandhi IT Park – Phase III | 1.14Cr – 1.8Cr |
Laxmi Chowk Rd | 1Cr – 1.5Cr |
Blue Ridge Chowk | 98L – 1.5Cr |
Hinjewadi Phase 2 | 52L – 82.50L |
Hinjewadi Rajiv Gandhi Infotech Park | 1Cr- 1.65Cr |
Bhoirwadi Rd | 83L- 1.3Cr |
Maan Village Road | 89L – 1.4Cr |
Hinjawadi Wakad Road | 58L – 92L |
Birlasoft Road | 77L – 1.2Cr |
Wakad Link Road | 93L – 1.4Cr |
Praj Industries Road | 82L – 1.3Cr |
Hinjewadi Phase 3 | 53L – 84L |
Also, Check out Best Residential Projects in Pune 2024
FAQs
How much does a flat cost in Hinjewadi?
The avg 1 BHK flat in Hinjewadi costs Rs 35-45 L. |
Is Hinjewadi a posh area?
A really good opportunity is to invest for financial gain. In the western part of Pune, Hinjewadi is one of the most upscale neighbourhoods and desirable residential areas. The area is a bustling centre for IT and a premier real estate market in the city. |
How much does a 3 BHK flat cost in Hinjewadi?
The avg 3 BHK flat costs Rs 90 L – 1.3 Cr in Hinjewadi. |
What is the future of Hinjewadi?
A metro station connecting Hinjewadi to Shivaji Nagar will be built. Due to this, Hinjewadi is now worth more than other active residential complexes in Pune. Additionally, PCMC will have several access options from Rajiv Gandhi IT Park and other roads thanks to the forthcoming 110m Wide Ring Road. |