Wai is one of Pune’s top residential localities and offers seamless access to places like Alandi, Maval, Koregaon Park, Kothrud, Viman Nagar, Baner, Mundhwa, Kondhwa, Wakad and Kharadi among others. This has sparked the growth of the market for property in Wai in turn. The property market has grown leading the property rates to have increased gone up by almost 7% on the back of sustained development and infrastructural progress. The real estate market usually witnesses the availability of residential plots, apartments and villas for buyers. Leading developers in the locality include Eiffel Developers, Sakshi Developers, Asian Developer, Maple, Hemant and Veracity Landmark among others.

The area is home to several leading educational institutions like the Green Valley School, Maharshi Shinde High School, Bharat School , Shivaji Girls High School and the Krantiveer Abasaheb Veer High School. The area is also home to several reputed hospitals like the Ankur Clinic, Hospital, Ghorpade Hospital, Dr Kande Hospital and the Prabhune Hospital. Several iconic movies have been shot in the area including Gulaab Gang, Gangaajal, Swades and Omkara among several areas. There are several famous dams and temples in the locality along with iconic tourist sports. The annual jatras or fairs attract scores of visitors from all over the country.

The locality is also home to a Govt. Industrial Training Institute along with the Sanjivani Computers training institute. There is also a training unit for silk garment weaving that is developed by the State Government. Leading hospitals in the area include the Mission Hospital, Geetanjali Hospital, Patil Hospital, Krishnai Hospital, Datar Hospital, Babar Hospital and I.C.U. and the Patange Hospital among numerous others.