Wakad is one of the top real estate investment hot-spots in India with chances of rising in two-fold real estate prices in near future. Strategically located in proximity to Hinjewadi IT Park, Pimpri-Chinchwad and Chakan’s Maharashtra Industrial Development Corporation (MIDC) corridor, it is readily available for both the IT and automobile or manufacturing population who are working in this part of the city.

Well-connected to the Mumbai-Pune Expressway, Wakad has all the conveniences like offices, colleges, schools, banks, hospitals and shopping centres in the vicinity offering a holistic city life. It is also an emerging sports suburb since there are two international level stadiums close to the project:

  1. Chatrapati Shivaji Stadium for athletics wherein government has already started sports academies for Shooting, Archeries, Swimming, Hockey & other sports
  2. Maharashtra Cricket Association Stadium

The real estate price graph has been on the rise almost consistently from the year 2008 to 2015. The prices have doubled and in some cases even tripled in the past six years. It has become a new focus for property investors and continues to benefit from demand drivers such as good civic infrastructure and vast improvements in connectivity to the city’s key projects.

*Source- Magicbricks