New projects in Wakad, Pune
Wakad is a dense, well-developed PCMC corridor right next to the Hinjewadi IT hub and the Mumbai–Bangalore Highway. It offers a large rental tenant base and more value than Baner, with mature schools, hospitals and retail.
Wakad price & appreciation
- Average: ~₹9,250 / sqft
- Range: ₹7,850 – 11,050 / sqft
- Appreciation: +3.9% (1 yr) · +31% (3 yr) · +46% (5 yr)
- Gross rental yield: ~3.5%
Projects in Wakad
Connectivity
- Adjacent to Hinjewadi IT Park (Phase 1)
- On the Mumbai–Bangalore Highway; Wakad bridge to Hinjewadi
- Pune Metro Line 3 corridor nearby
- Pune Airport ~22 km
Strengths
- Walk/short-drive to Hinjewadi — deep tenant pool
- Mature social infrastructure
- Better value per sqft than Baner
Watch-outs
- High density and peak-hour traffic to Hinjewadi
- Limited room for the kind of spikes newer fringes see
- Parking/road pressure in older pockets
Best for: Rental-income investors and Hinjewadi professionals wanting value with proven infrastructure.
Wakad property — FAQs
What is the property price in Wakad?
About ₹9,250/sqft on average in 2026 (range ₹7,850–11,050/sqft), up ~4% in the last year and ~46% over five years.
Why is Wakad popular with Hinjewadi employees?
It is one of the closest fully-developed residential areas to Hinjewadi Phase 1, with established schools, hospitals and retail and a large rental supply.