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Is Wakad a good location to invest in real estate properties?

December 31, 2020 | Silky Malhotra

Is Wakad a good location to invest in real estate properties?

Over the years, Pune has emerged as one of the top choices among real estate investors. Upon the saturation of the main city, the real estate sector in Pune grew to the suburbs, which had been undergoing infrastructural development. Wakad is one of the most developed suburbs in this city, with plenty of social amenities. The demand for rental accommodation in Wakad is quite high and this helps the investors earn profitable returns.

Property prices in Wakad are appreciating at a healthy rate. This implies that if you invest in a home here, it would become more valuable over the years. This would not only help you earn high resale value, but also attract higher rental income. The upward property price trends in Wakad are expected to continue in the coming years.

The career opportunities in Wakad are one of the major factors that make this suburb suitable for property investors. Several major corporate hubs, such as DLF Akruti IT Park, Panchshil Tech Park, International Tech Park and Rajiv Gandhi Infotech Park are located within easy access. Naturally, the professionals who migrate to Pune for the sake of employment find Wakad to be one of the most convenient places to live. This is why finding tenants for a home in Wakad is never a problem.

Due to the strategic location of Wakad, those residing here enjoy access to different parts of the city. Wakad Road, Pimpri Bus Stand, Mumbai Pune Highway, etc. are located close by as well. The superb connectivity infrastructure in Wakad helps the residents get across to their destinations with ease. The social infrastructure in Wakad is excellent too and offers a large number of prestigious academic institutions and hospitals. All these factors contribute to ensuring high returns for property investors buying homes in Wakad.

For homebuyers who seek a refreshing lifestyle in the midst of nature, Trinity Greens in Wakad is a viable option. This residential complex comes with a beautifully landscaped lush green gardens and a variety of recreational amenitiesto ensure an alluring lifestyle for the residents. The homes are modern in design and come with inverters, solar water heaters and water purifiers. Available in 2 BHK and 3 BHK formats, these apartments have been priced between INR 57.78 lakhs and INR 78.47 lakhs. Considering the grand lifestyle and locational amenities, a home here is certainly worth its price.

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