Buying a home in Hinjewadi? Here's what you need to know
Aug 30, 2019
Pune received the title of India’s most liveable city in India for 2018, as per the Ease of Living Index 2018 released by the Ministry of Housing and Urban Affairs (MoHUA). Among the many factors that have boosted this achievement are development and a slew of growth opportunities opening up in the city. This is epitomised by Hinjewadi, home to prestigious IT Parks and several MNCs and leading firms of the country.
Hinjewadi hosts one of India’s largest IT Park – Rajiv Gandhi Infotech Park – while also constituting 60% of Maharashtra’s total IT exports. Multiple IT and ITES company offices give Hinjewadi much-needed boost in terms of employment opportunities. Creating job opportunities for 70,000+ people, it is the hub of several tech giants. If you are an IT professional, you know the brownie points of living here already.
Yet, this is only the tip of the iceberg of potential that Hinjewadi has to offer. The new Special Township Policy Act of the Maharashtra government has plans to de-congest Pune Municipal Corporation areas and encourage growth in its peripheral regions. With features like higher FSI (floor space index) than what is normally allowed in municipal limits, Hinjewadi has everything to gain. The construction of Pune Metro (Metro Line 3) is also in full swing, buoying the promise of greater connectivity by 2022. Moreover, Hinjewadi is well-connected to Pune-Mumbai Expressway and even Bengaluru, boosting intercity travel for business and pleasure.
New-age home buyers put a premium on excellent infrastructure and convenience of living. Hinjewadi meets their needs perfectly. It boasts an array of malls, restaurants, hotels, hospitals, and academic institutions. Apart from making for a great address, it also grants a better lifestyle.
A feather in the cap of the Smart City of Pune, Hinjewadi is developing like never before. The present, as well as the future here, is getting brighter. Whether you want to live in Hinjewadi or just make an investment there, Hinjewadi makes for a promising choice.