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The Transformation of Hinjewadi From Commercial to Residential Hub

January 21 2019

The Transformation of Hinjewadi From Commercial to Residential Hub

Perhaps no other location in Pune has witnessed the unbelievable growth and transformation that Hinjewadi has. From a small farming village to Pune’s busy IT hub, Hinjewadi has had quite the facelift and how! With more developers looking to make Hinjewadi a destination for their projects, here are some reasons contributing to Hinjewadi’s rise and rise as a residential hub:

A revenue centre

Did you know, Hinjewadi contributes to around 60% of Maharashtra’s total IT exports? As of 2015, Hinjewadi generated a revenue of Rs. 35,000 Cr which only increased until now. Hinjewadi houses around 150 companies including big players like Wipro, Cognizant, TCS and more. As NASSCOM’s  2015 report on IT & ITES sectors grew by 12 to 14%. Hinjewadi, one of the biggest IT hubs in the western grew by 15% surpassing experts’ predictions. Such tremendous growth and revenue hub can only be expected to accommodate the growing population in the region. Hinjewadi has very well managed to find the balance between an IT hub and residential hub, thanks to the many world-class developments in the region.

Keeping up with the trends

Hinjewadi is mostly prefered by techies who prefer homes that keep up with the trends. Housing trends like automated homes, walk-to-work culture have caught up with homebuyers and Hinjewadi is no exception. Home automation, preference for 1BHK and studio apartments  and state-of-the-art amenities are some of the other aspects that have kept the housing market here buoyant.

Government initiatives

Government policies like the Special Township Policy Act of Maharashtra Government, Hinjewadi-Shivaji Nagar Metro have further contributed to Hinjewadi’s rise as residential hub. 

Presence of quality office spaces

Small scale industries, start-ups, freelancers have also found their haven in Hinjewadi in the recent years. The presence of quality and flexible spaces have led small business owners to move to Hinjewadi. Office spaces like Gera’s Imperium Rise offer such businesses the flexibility and convenience they need to flourish.

With all these factors in tow, there’s no surprise at Hinjewadi’s transformation into a residential hub. The pace at which the locality is experiencing growth is well-deserved too. If you are looking to invest in a property in Hinjewadi, there’s no better time than now.

Looking for 1BHK residential apartments in Hinjewadi? Presenting Gera Adara, a development with 1BHK residential flats in Hinjewadi. The development features plush 1 and 2BHK homes with contemporary amenities to make your lifestyle a comfortable one.

Know more about Gera Adara here https://www.gera.in/adara


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