Phase 1, Pune

phase 1 is a locality in the hinjewadi area in Pune city. it is located near the rajiv gandhi infotech park. there is phase 1 and phase 2 in the area, and both are very well developed. nearby localities to this area are maan (5.48 km), tathawade (6.59 km), and wakad (7.0 km). cities close to this locality are pune, pimpri-chinchwad, sasvad, and Talegaon Dabhade. 

the area has many prestigious facilities to offer, like parks filled with greenery, beautiful temples, smooth roads, and ample grocery stores, making this locality a preferred one. there are beautiful high rise buildings in the locality like park district, godrej elements, krishna amarillo, rohan prathama, and joyville, which the prominent builder builds in the locality like paranjape schemes, future development constructions, kolte patil developers ltd, vilas javdekar developers, and shapoorji pallonji real estate. the locality is entirely a residential area with 1 and 2 bhk, which is the most common room configuration.

key highlights

• the residential area especially for families.
• located in the city center which makes the locality very accessible. 

whats great?

• close to rajiv gandhi infotech park so opens opportunities of employment in locality.
• has a number of 5-star hotels nearby.

whats not great?

• lack of provisions for parking.
• traffic congestion during peak hours.

Watch out for?

spacious 2 and 3 bhk multi-story apartments at two of the top realtors in the locality that are roham prathama and joyville hinjewadi. their projects are located in the heart of the area and have easy access to railway and bus facilities.

property price rising factor

short term

• the locality possesses modern infrastructure.
• connectivity through this locality is excellent.

long term

• recently launched and upcoming localities provide an array of amenities.
• upcoming metro line.
• mahalunge - hinjewadi it park bridge to be made accessible soon.

other highlights

social infrastructure

the locality is contiguous to advanced medical facilities and grocery stores. it is in close contact with prestigious educational institutions. the overall feel of the locality is exquisite, and some parks take the locality close to nature. there are proper provisions for solid waste disposal and are managed well by the authorities to keep the area sanitized. the new projects have spacious and smoothly designed apartments.

shopping complex & markets

• empire green shopping center
• xion mall
• ab plaza
• sheetal shopping center
• shati shopping mall

health care centres

• umarji mother and child care hospital
• vitalife medipoint hospital
• ruby hall clinic
• mmf ratna memorial hospital
• lifepoint multi-specialty hospital

connectivity & public transport

• it takes just 30 minutes to get on to the old mumbai highway from phase 1which is at a distance of 23 km.
• lohegaon airport is just 26.6 km away from phase 1.
• manjari badruk, saswad road, hadapsar, loni, and pune are the railway stations close by.
• pune mahanagar parivahan mahamandal ltd (pmpml) operates the buses in the area.

schools, banks and fitness centres

schools in this area

• canary high international school
• vibgyor roots and rise school
• orchids, the international school
• city international school
• blue ridge public school

banks in the area:

• pune bank
• idfc first bank
• canara bank
• state bank of india
• axis bank

nearby atms for all prominent banks:

• axis bank atm
• indusind bank atm
• state bank of india atm
• yes bank atm

fitness centres:

• cross strength fitness club
• raymond fitness club
• universal gym 1 

popular landmarks near locality

• katraj lake
• lal mahal
• aga khan palace

micro market analysis

capital and rental trends

• 40% of the properties available for sale in the locality lie under the price ranging from rs 40 lakhs to rs 60 lakhs, 20% in the price ranging up to rs 20 lakhs, and 20% between rs 50 lakhs to rs 80 lakhs.
• rental trends are divided into 3 categories; 50% properties ranging between rs 10,000 to rs 15,000, 33% in the range between rs 20,000 to rs 25,000 and 17% between rs 15,000 to rs 20,000.

scope of growth

phase 1 of hinjewadi is a rapidly developing locality. this locality has witnessed a rise in price by 5.25% since the past year due to its growing nature. the localitys growth bar is expected to rise more after the commencement of metro and mahalunge – 

hinjewadi it park bridge on mula river.

investment opportunities

investing in the multi-story apartments in this locality is lucrative for the investors and beneficial for the end-users. it is a locality that is well connected to other parts of the city.