Top 5 Reasons to Invest in Hinjewadi Pune - All You Need to Know (2024)

FAQs

Why invest in Hinjewadi Pune? ›

Most people prefer to invest in Hinjewadi due to the increased foray of reputed developers and improving infrastructure. One of the major projects that is expected to fillip the realty landscape in the area is the ongoing Pune Metro Line 3 that will connect Hinjewadi to the Central Business District of Shivajinagar.

Hinjewadi is one of the biggest IT hubs in Pune and makes for a good investment option. Hinjewadi is one of the hottest realty hubs in the city at present along with Kothrud, Wakad, Balewadi, Pashan, Baner and Aundh. Hinjewadi offers several investment opportunities by way of premium and mid range housing projects.

Investors consider the city one of the most profitable and viable locations to invest in residential real estate in Pune. The thriving engineering, automotive, educational, and related sectors, as well as Pune's favourable climatic circ*mstances, are the primary investment factors for real estate.

Hinjawadi (also incorrectly spelt Hinjewadi) is a suburb on the outskirts of Pune, India. It houses the Rajiv Gandhi Infotech Park, a large tech and business park spread over 2,800 acres, which was built by the Maharashtra Industrial Development Corporation.

Is it Worth it to Invest? A: With the vital record in 2021, Hinjewadi is showing a promising trajectory in 2022 with high projected valuations owing to the upcoming infrastructure. Now is the time to start planning your dream home. 7.

Top Hotel Collections. Pune is a paradise for shopaholics. Right from Paithani Sarees, Maharashtrian Naths, Kolhapuri chappals, silver and brassware, to cheap apparels and accessories, shopping in Pune is dun. For foodies, there is Bhakarwadi, Mango Barfi, Puran Poli, a variety of Chiwda and other condiments.

There are many reasons that make Pune a great place to settle down. The IT industry has been thriving here for many years with Hinjewadi, Viman Nagar, Magarpatta, Baner, and many other locations being developed as IT zones.

Hinjewadi is one of the most developed localities of west Pune with close proximity to malls, schools, colleges, hospitals etc. Nice Locality.

Invest in technology

Information technology can boost productivity in companies of all sizes. It can also reduce costs and improve profitability. Keep up to date with the latest developments in information systems and communications technology and choose the ones that are right for your business.

Pune is one of the top five FDI destinations, the top five manufacturing exporters, and the largest engineering goods manufacturer in India. “Without a doubt, a dedicated international airport and improved civic infrastructure can take us above Hyderabad and Chennai.”

Which is No 1 company in Pune? ›

The top 10 companies in Pune in 2022 are: Infosys. Wipro. Tech Mahindra.

Pune is one of India's largest cities and a major center for education, manufacturing, and information technology. Pune is ideal for starting small or micro-businesses due to its fast-paced economy and high per capita income. Pune has been home to many successful startups in the past few years.

Sandip Agrawal - Owner - Thikan Hinjewadi | LinkedIn.

Historical landmarks include the Lal Mahal, the Kasba Ganapati temple and Shaniwar Wada. Major historical events involving the city include the Mughal–Maratha Wars and the Anglo-Maratha Wars. Pune is the largest IT hub in India. It is also the most important automobile and manufacturing hub of India.

For the past few months, six villages, including Hinjewadi, Maan, Chande, Nande, Marjuni and Mahalunge, have been facing a severe drinking water crisis. To tackle the issue, officials from various organisations and Sule discussed various available options.

Ans: The top localities of Pune for buyers in 2022 as per the NoBroker Real Estate Report are Wakad, Baner, Kothrud, Pimple Saudagar, and Pimpri Chinchwad.

The price increase, the report said, was mainly due to the increase in raw material prices like steel, cement etc. As per the report, prices in Pune in the given time had increased from Rs 5,100-5,300/sq ft recorded last calendar year to the present Rs 5,500-5,700/sq ft.

Some of the most popular choices among investors include: Mumbai: Known as the financial capital of India, Mumbai offers a wide range of properties at different price points.

M.G Road is perhaps the most famous 'Pune shopping market'.

Blogging is one of the most popular online businesses and you can earn big money from this business. If you are living in Pune and want to start a small business from home then you can start a technology blog. Almost everyone is using some kind of technology and there is a big business opportunity for you.

Why do people migrate to Pune? ›

During the last 30 years, a large number of industrial establishments came up in and around Pune creating enormous job opportunities. This led to migration of people from all over the country. This enormous growth of population during this period was mainly due to migration.

New Kalyani Nagar

Since it is additionally an IT center, it acquired significance among the IT swarm. The adjoining region to New Kayani Nagar is Koregaon Park, another Pune opulent region. You can likewise observe lofts and extravagant homes from famous manufacturers making it a rich region in Pune.

Koregaon Park

Greenery and cleanliness are well-known characteristics of Koregaon Park. This is a well-known area of Pune with affluent villas surrounded by greenery and commercial buildings. In addition to being a premium location for residences, Koregaon Park is now a hub for commerce.

Pune is well-known for its pleasant weather and well-connected roads, making it easy to get around the whole city without any hassle. The infrastructure has significantly improved and has paved the way for lucrative opportunities for property investments in Pune.

It is a very good locality. It is a very nice and beautiful locality. All basic amenities like hospitals, schools, colleges, and markets are available nearby. Hinjewadi Phase 1.

The IT sector is one of the most crucial sectors of the Indian industry as well as one the largest drivers of export revenue for the country. The industry currently contributes to about 7.7% of GDP and is expected to contribute to about 10% by 2025. India is currently the largest IT services provider in the world.

The earlier you start investing, the faster you can grow your money and make it work for you. Inflation means your money is losing value when it's not invested. Saving and investing are different. It's important to do both, for money you may need in the near future (savings) and in the long term (investing).

Investing is an effective way to have your money work for you and build wealth. Holding cash and bank savings accounts are considered safe strategies, but investing your money allows it to grow in value over time with the benefit of compounding and long-term growth.

Pune is connected to Mumbai by roadways, and almost every metro city in India through the air and these are two major reasons why the city is growing at an enormous pace. With over 800 colleges, Pune is known as the 'Oxford of the East' and is accommodating lakhs of students from across India.

What are Pune people known for? ›

Why Pune is the Fastest Growing City in India? Pune has excellent connectivity to Mumbai and by air to practically every major city in India, which is one of the main reasons for the city's rapid growth.

The city is known for manufacturing, automobile, government & private sector research institutes and information technology. It also has further strengths in the educational sector with many educational institutes and a well-developed labour force which is why Pune has been called the “Oxford of the East”.

Google is planning to open a new office in Pune in the second half of 2022. People will be hired for Cloud product engineering, technical support, and global delivery centre organisations at the location. The company said that it has begun hiring alongside fast-expanding teams in Gurugram, Hyderabad, and Bengaluru.

After Bangalore and Chennai, we are now witnessing the growth of Startup ecosystem in Pune. According to recent reports by the Business Line, 84% of Maharashtra's 6,406 new startups during the past two years have been established in Mumbai and Pune together.

Hinjewadi contributes around 60 per cent of Maharashtra's total IT exports. As of now we are able to generate the revenue of Rs 35,000 crore. This area has around 90 companies employing people and generating revenue however, around 50 companies are part of HIA.

Is Metro coming in Hinjewadi? ›

Pune, 30th August 2022: According to authorities of the Pune Metropolitan Region Development Authority (PMRDA), the 23-km Hinjewadi-Shivajinagar elevated third Pune Metro line will be completely operational from April 2025 with the integrated double-deck flyover at University Chowk to be finished by November 2024.

King of pune - Dagadusheth Halwai Ganapati Temple.

Pune – Queen of Deccan or Oxford of the East

It was the best city on the Deccan Plateau. So, it was given the name of Queen of Deccan. Pune is called as the Oxford of the East due to having the more number of educational institutes and centers than any other place in India.

Multiple areas in the city have been reeling under a water crisis due to which various residents' forums and activists had filed a petition in the high court in October 2022.

The Mula-Mutha is a river in India, formed by the confluence of the Mula and Mutha rivers in the city of Pune, which later meets the Bhima River, which itself later meets the Krishna River and finally emptying to the Bay of Bengal.

By Swarali Joshirao. Pune: Various areas in Pune's outskirts like Balewadi, Baner, Pashan and others are facing a lack of water supply from the Pune Municipal Corporation.

Land in Pune is more affordable and the city offers a well-developed social infrastructure which ensures good ROI. Let us explore why buying a residential plot in Pune or any other city is an excellent investment option.