Property in Hinjewadi
Hinjewadi is located towards the west of Pune and is 21 kilometres from the Railway station. Over a period of time, it has developed into one of the biggest industrial areas of Pune, transforming from a sleepy village to a bustling neighbourhood. Hinjewadi is also home to historical attractions such as Shaniwar Wada, Vishrambaug Wada and Aga Khan Palace. The pride of Hinjewadi is its state of the art 500-acre Rajiv Gandhi Infotech Park which hosts a cluster of IT/ITES and BPO units. It houses some of India's largest IT conglomerates like Wipro, Tech Mahindra, TCS, Infosys, IBM and Cognizant. Hinjewadi is being developed in multiple phases. Phase 1, 2 and 3 are completed and further development has been planned from phase 4 onwards. Due to rapid development in the area, Hinjewadi faces heavy traffic congestion during peak hours. To avoid traffic jams, HMVs are not allowed to enter the area from 8.30 to 11.30 AM every day.
Hinjewadi offers easy accessibility to Mumbai via the six-lane Pune- Expressway, and also to Tathawade (which houses several educational institutions) through the Mumbai-Bangalore bypass. To cater to the residential demand of the migrating IT population, Hinjewadi is witnessing several proposed and ongoing development of residential projects, serviced apartments and five star hotels. With excellent means of road transport, Hinjewadi connects to Pune which is about 25 minutes to an hour's drive while the International Airport is about a three-hour drive away. Mumbai- Highway also connects Hinjewadi to the Airport which is about a 45-minute drive away.This location is highly attractive due to its proximity to the industrial belt of Pimpri and Chinchwad. This has also facilitated residential development of nearby areas like Wakad, Balewadi, Aundh and Baner.
Schools and Hospitals
Hinjewadi is also famous for its various reputed educational institutions. These include te Symbiosis Infotech us, Mercedes Benz International School, Blue Ridge Public School and Symbiosis Institute of International Business. There are also several healthcare centres in the area such as Sanjivani and Hospitals. Hinjewadi is also situated close to places for recreation such as Snake Park, Saras Baug and Lonavala.
Real Estate in Hinjewadi
Well-developed residential properties in Hinjewadi are high on the wish list of property buyers. Key projects in the area include Pegasus Properties Mystic, Viijcon Cellandine and Kolte Patil Life Republic. Unit sizes in Hinjewadi range from 589-1662 Sq. ft. Life Republic by Developers is a luxurious property in Hinjewadi being constructed on 400 acres of land. There are 23 projects which are under construction though most will be delivered in 2-3 years. The average price for an apartment in Hinjewadi is Rs 4776 per sq. ft.
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