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Commercial Properties Under 40 Lakh for sale in Rajiv Gandhi IT Park Phase III Hinjewadi, Hinjewadi, Pune
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About Properties In Rajiv Gandhi IT Park Phase III, Hinjewadi, Pune for Sale
Overview of Hinjewadi
- Hinjewadi is a prominent IT hub located on the outskirts of .
- Hinjewadi is home to the massive Rajiv Gandhi Infotech Park and other giant companies. It therefore majorly attracts working professionals and students.
- It is also an emerging residential locality with a variety of housing properties.
- This locality also offers excellent connectivity and sound social infrastructure.
- Locals have easy access to important facilities, allowing a comfortable lifestyle.
- Recently, the demand for the real estate market in Hinjewadi has grown significantly.
- Scenic views, green spaces, and a serene atmosphere offer liveability in Hinjewadi.
- The PIN Code of Hinjewadi is 411057.
Hinjewadi Residential Market Insights
- Average price for property in Hinjewadi is ₹ 8,150 per sq. ft.
- Housing Real Estate of Hinjewadi comprises various types of properties like high-rise apartments, gated communities, and large township projects.
- The average price of 1 BHK in Hinjewadi can range from ₹ 41.40 lakh to ₹ 55 lakh.
- The average price of 2 BHK flat in Hinjewadi can range from ₹ 66 lakh to ₹ 96 lakh.
- The average price of 3 BHK flat in Hinjewadi can range from ₹ 96 lakh to ₹ 1.55 crore.
- The average price of 4 BHK flat in Hinjewadi can range from ₹ 1.60 crore to ₹ 2.80 crore.
- Final price for any property will depend on certain factors like total carpet area, developer, number of BHKs, and amenities.
- With the presence of many tech giants and close proximity to big employment hubs, Hinjewadi is a good rental destination.
- The average monthly rental price for a property in Hinjewadi can range between ₹ 16,700 - ₹ 81,000.
- Hinjewadi real estate market is rapidly developing and is experiencing growing demand.
- It comprises a good mix of residential comprises, numerous IT companies, and entertainment centers.
- Hinjewadi in is a good place to live due to a highly convenient lifestyle, proximity to work hubs, and a serene environment. This makes Hinjewadi a desirable location for both investors and homebuyers.
Connectivity and Transportation In Hinjewadi
- Hinjewadi is a part of and is well-connected to the city via different routes.
- Closest railway stations to Hinjewadi are Junction Railway Station and Chinchwad Railway Station.
- These railway stations play a crucial role in the locality’s connectivity, benefiting daily commuters significantly.
- Major roadways such as Mumbai Highway (NH-48), Hinjewadi-Aundh Road, Dange Chowk Road, and Maan Road connect the locality to other important areas of .
- Localities like Baner, Wakad, Tathawade, and Balewadi are within easy reach from here.
- Connectivity in Hinjewadi is also supported by the Buses operated by the Mahanagar Parivahan Mahamandal Limited (PMPML). These buses are a convenient medium of public transportation for the locals within the city.
- Residents will soon be served with a connectivity of metro in Hinjawadi with the upcoming big development of the Metro project. This project will result in great boom for the locality and the city overall.
- The International Airport is just a 23 km drive from Hinjewadi.
Social Infrastructure In Hinjewadi
- Hinjewadi offers easy access to important social infrastructure, including hospitals, Educational Institutions, Shopping Centers, and Recreational Facilities.
- Reputed hospitals in Hinjewadi are Sanjeevani Multispeciality Hospital, Ruby Hall Clinic, Ashirwad Accident and General Hospital, etc among others.
- Popular schools and colleges in Hinjewadi are Rahul International School, VIBGYOR High School, Firstcry Intellitots Preschool, ALARD College of Business Studies, and R.B. Mundada College.
- Several markets in Hinjewadi include Chamunda Supermarket and New Prakash Supermarket. These enable locals to have easy access to daily necessities.
- Shopping centers in and near Hinjewadi include Xion Mall, Phoenix Mall of the Millennium, Vision One Mall, etc.
- Restaurants in Hinjewadi like Zakkas Restaurant, The Chinese Wok, Taste Of Malvan, Kasturi Family Restaurant, etc., offer a fine dining experience.
- Luxury hotels in Hinjewadi like Lemon Tree Hotel and Holiday INN are within 5 km and are known to offer comfortable stays.
Employment Opportunities In Hinjewadi
- Hinjewadi is famous for being a major work hub itself. It has major companies and IT hubs within the locality, boosting employment opportunities.
- Hinjewadi is home to the sprawling 2,800 acres Rajiv Gandhi Infotech Park that comprises several business parks and companies. It includes prominent IT/ITeS, BPO Entities, Automotive, and Biotechnology Companies. It is a big employment generator in .
- Several reputed and well-known companies like Tata Consultancy, Capgemini, Infosys, Wipro Technologies, Tech Mahindra, Cognizant, and Synechron Technologies are located here. These offer a wide range of job opportunities in the locality.
- Besides IT, there are also several Pharmaceuticals, Biotechnology, Healthcare, and Analytics companies also here.
- Hinjewadi is surrounded by other key employment hubs such as Baner, Wakad, Talawade, Balewadi, and Pimpri-Chinchwad. This further enhances job opportunities.
- Moreover, good connectivity and improving transportation routes make reaching job locations outside the locality also easier.
Lifestyle In Hinjewadi
- Hinjewadi offers a convenient lifestyle with proper civic facilities and modern amenities.
- It is home to a variety of properties, from luxurious to affordable homes. This serves the different lifestyle desires of every homebuyer.
- Close proximity to work hubs and transportation facilities allows residents to enjoy less travel and more personal time.
- There are several green spaces, including gardens and parks in Hinjawadi. These allow locals to unwind, spend quality leisure time, and relax.
- Sports facilities in Hinjewadi are the S K Sports Club, Silver Sports Club, Govinda’s Global Badminton Academy, etc. They offer sports and fitness facilities to the residents.
- Recreational places in Hinjewadi include STUDIO11 Family Salon and Spa, Butterfly Trampoline Park, PVR Grand Highstreet Mall, etc. These facilities offer a fun and refreshing time.
Safety and Security In Hinjewadi
- Hinjewadi is a safe locality with well-established civic infrastructure.
- Police station and police chowky in Hinjewadi are within easy reach. This creates a secure environment for the locals.
- Police patrolling is conducted frequently. This ensures proper safety is maintained within the locality.
Development and Future Prospects In Hinjewadi
- The area is undergoing continuous development. One of the biggest projects in Hinjewadi is the upcoming Metro Line.
- The Metro project is going to be 22.3 km and enhance the connectivity of Hinjewadi vastly.
- It is also expected to significantly boost the real estate market in Hinjewadi.
- Several residential and commercial hubs are also currently being developed.
Cultural and Community In Hinjewadi
- Hinjewadi has a vibrant culture and dynamic community.
- Several religious places in Hinjawadi include Mhatoba Mandir, Ganpati Mandir, Vitthal Rukmini Mandir, Gajanan Maharaj Temple, etc.
- The nearby Prati Shirdi Sai Baba Temple is a famous pilgrimage place. It attracts many devotees across .
- There are various community halls and venues that host cultural events, festival celebrations, and weddings.
- People from different backgrounds and cultures live harmoniously together in Hinjewadi, promoting diversity.
- Residents together celebrate different festivals and traditions, promoting unity.
Environmental Factors In Hinjewadi
- Hinjewadi offers a pleasant environment with good livability.
- Several gardens and parks in and near Hinjawadi like Mhatoba Garden, Sant Savatamali Udyan, PCMC Garden, Lakshmibai Barane Garden, etc. These contribute to the serene green environment in this locality.
- Hinjawadi Hills Trekking spot is another rejuvenating place to enjoy the refreshing environment in Hinjewadi.
- The air quality in Hinjewadi is considered moderate. This can be due to the ongoing infrastructural, residential, and commercial developments in the city.
Flat Configuration In Hinjewadi
- Hinjewadi offers flat configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in Hinjewadi.
- Besides apartments, other housing properties in Hinjawadi are Villas, Independent Houses, and Plots.
- Presence of larger residential complexes and townships is increasing. Along with it, the demand growing housing in Hinjewadi.
Property Price Growth In Hinjewadi
- Properties in Hinjewadi have experienced an average of 7.2% YOY price growth.
- Whereas, the property price growth for the last 3 years in Hinjewadi is 27.4% approx.
- With new emerging residential and commercial properties, the property price growth is expected to continue to increase in the future.
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