Property in Wakad, Pune
Pune's fastest-growing IT corridor — minutes from Hinjewadi
Wakad is one of Pune's fastest-growing residential hubs, superbly connected to Hinjewadi IT Park (Phase 1, 2 & 3) and the Mumbai–Pune Expressway. It offers a balanced mix of affordable 1 BHK starter apartments and premium 3 BHK projects, making it the top pick for IT professionals, young couples, and investors seeking solid rental yields.
Price Range
₹55L – ₹185L
Per Sq Ft
₹7,200 – ₹11,500
Appreciation
12–15% YoY
Rental Yield
3.2–3.8%
Avg Rent 2BHK
₹22,000–₹28,000/mo
Flat Prices in Wakad by BHK Type
| Type | Price Range | Carpet Area | |
|---|---|---|---|
| 1 BHK | ₹55L – ₹78L | 450–650 sq ft | View → |
| 2 BHKMost Popular | ₹78L – ₹1.25Cr | 750–1,050 sq ft | View → |
| 3 BHK | ₹1.1Cr – ₹1.85Cr | 1,100–1,600 sq ft | View → |
Prices as of 2025 based on active listings. Actual prices may vary by project and floor.
Inventory Status in Wakad
65%
Under Construction
Better pricing, capital appreciation
35%
Ready to Move
Immediate possession, loan eligible
Micro-Localities within Wakad
Not all parts of Wakad are equal. Here's how they differ.
Wakad Chowk
Commercial hub, high footfall, ideal for rental investment
Hinjewadi Road, Wakad
Best connectivity to IT Park, most in-demand stretch
Bhumkar Chowk
Upcoming micro-market, more affordable, new launches
Tathawade Border
Quieter pockets, larger plots, budget-friendly
Wakad Real Estate — Expert Analysis 2025
Wakad's transformation from a quiet suburb into a thriving residential township has been nothing short of remarkable. A decade ago, the area was dominated by open plots and low-rise buildings. Today, it hosts gated communities, high-street retail strips, multi-specialty hospitals, and international schools — all within a 5 km radius.
What makes Wakad uniquely compelling is its dual identity: affordable enough to be accessible to first-time buyers, yet premium enough to attract top builders like Godrej, Kolte-Patil, and Pride Purple. The stretch from Wakad Chowk to Hinjewadi Road has seen consistent 12–15% year-on-year price appreciation since 2021, outperforming the Pune average.
For investors, the rental yield story is equally strong. A 2 BHK apartment priced at ₹90 lakhs can fetch ₹22,000–₹28,000/month in rent — a gross yield of approximately 3.5%, among the highest in West Pune. The proximity to Hinjewadi's 3,00,000+ working population ensures near-zero vacancy periods.
Wakad also scores highly on liveability: D-Mart, Westside, and Reliance Smart anchor the retail ecosystem. Fountainhead School, The Orchid School, and Ryan International are within 3 km. Apollo Clinic, Surya Mother & Child Care, and Ruby Hall's satellite centre handle healthcare needs.
The infrastructure pipeline adds further tailwinds: the Hinjewadi–Shivajinagar Metro Line 3 has stations planned along the Wakad corridor, expected to be operational by 2027, which will likely trigger another round of capital appreciation.
Social Infrastructure in Wakad
Schools
- · Fountainhead School
- · The Orchid School
- · Ryan International
- · Symbiosis School
Hospitals
- · Apollo Clinic Wakad
- · Surya Mother & Child
- · Aditya Birla Memorial Hospital (10 min)
Shopping
- · D-Mart Wakad
- · Westside Wakad
- · Reliance Smart
Transit
- · Mumbai–Pune Expressway (3 min)
- · Hinjewadi Metro (2027)
- · Pune Railway Station (25 min)
Top Builders with Projects in Wakad
Latest Property Listings in Wakad
No listings yet in Wakad
Browse All PropertiesKey Landmarks Near Wakad
Frequently Asked Questions — Wakad Property
What is the price of flats in Wakad, Pune in 2025?
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Flats in Wakad Pune range from ₹55 lakhs for a 1 BHK to ₹1.85 crore for a 3 BHK. The average price per sq ft in Wakad is ₹8,500–₹10,500 depending on the project and floor. Under-construction apartments in Wakad offer better pricing starting from ₹65L.
What is the price of 2 BHK flats in Wakad Pune?
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2 BHK flats in Wakad Pune are priced between ₹78 lakhs and ₹1.25 crore. Under-construction 2 BHK apartments near Hinjewadi Road, Wakad start from ₹82L, while ready-to-move options begin at ₹95L. Premium projects near the Expressway can go up to ₹1.25 crore.
What is the price of 3 BHK flats in Wakad Pune?
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3 BHK apartments in Wakad Pune are priced between ₹1.1 crore and ₹1.85 crore. Luxury 3 BHK penthouses can exceed ₹2 crore. Most new projects offer 3 BHKs in the ₹1.2Cr–₹1.5Cr range with amenities like swimming pool and clubhouse.
Are there new residential projects in Wakad Pune?
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Yes, Wakad has 15+ active new residential projects in 2025. Builders like Godrej, Kolte-Patil, and Pride Purple have ongoing under-construction projects near Hinjewadi Road. These offer 1, 2, and 3 BHK apartments with RERA registration.
Is Wakad a good area to buy property in Pune?
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Yes, Wakad is one of the best areas to invest in Pune real estate. It offers 12–15% annual price appreciation, strong rental demand from IT professionals, excellent connectivity to Hinjewadi, and a well-developed social infrastructure. The upcoming Hinjewadi Metro will further boost property values.
What is the rental income from a 2 BHK in Wakad?
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A 2 BHK apartment in Wakad fetches ₹22,000–₹28,000 per month in rent, depending on the project, floor, and furnishing. Properties closer to Hinjewadi IT Park command higher rents. The gross rental yield in Wakad is approximately 3.2–3.8%.
Are there under-construction projects in Wakad Pune?
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Yes, approximately 65% of residential inventory in Wakad is under construction. These new construction projects in Wakad offer pricing advantages of 15–25% compared to ready-to-move units and allow buyers to benefit from price appreciation during construction.
What is the connectivity of Wakad to Hinjewadi?
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Wakad is just 5–10 minutes from Hinjewadi IT Park Phase 1, 2 & 3. The area is connected via Hinjewadi Road and the Mumbai–Pune Expressway. The planned Hinjewadi–Shivajinagar Metro (Line 3) will further improve connectivity.
Which builders are developing projects in Wakad Pune?
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Top builders active in Wakad include Godrej Properties, Kolte-Patil Developers, Pride Purple, Paranjape Schemes, and Rohan Builders. These are RERA-registered developers with a strong delivery track record in Pune.
What are the best micro-localities in Wakad to buy a flat?
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The best micro-localities in Wakad are Hinjewadi Road (premium, best connectivity), Wakad Chowk (mid-premium, high rental demand), and Bhumkar Chowk (affordable, new launches). Hinjewadi Road properties command a 10–15% premium over the rest of Wakad.
How is the social infrastructure in Wakad?
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Wakad has excellent social infrastructure: Fountainhead School, Ryan International, and The Orchid School for education; Apollo Clinic and Aditya Birla Memorial Hospital for healthcare; D-Mart, Westside, and Reliance Smart for daily needs.
Will the Hinjewadi Metro increase property prices in Wakad?
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Yes, the planned Hinjewadi–Shivajinagar Metro Line 3, with stations along the Wakad corridor, is expected to drive an additional 10–20% price appreciation upon completion (projected 2027). Buying now offers the best pre-metro pricing.
What are ready-to-move apartments available in Wakad?
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Ready-to-move apartments in Wakad account for approximately 35% of total inventory. These are available from ₹72 lakhs for 1 BHK to ₹1.5 crore for 3 BHK and offer immediate possession with all amenities functional.
What is the average carpet area of flats in Wakad?
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1 BHK apartments in Wakad typically have carpet areas of 450–650 sq ft. 2 BHK units range from 750–1,050 sq ft, while 3 BHK apartments span 1,100–1,600 sq ft. Super built-up areas are 20–30% larger.
Is Wakad PCMC or PMC jurisdiction?
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Wakad falls under PCMC (Pimpri-Chinchwad Municipal Corporation) jurisdiction, not PMC. PCMC property tax rates are generally lower than PMC. Ensure your builder has valid PCMC approvals and RERA registration before buying.
Locality Score
Score out of 10 based on resident reviews, infrastructure data, and market research.