{"id":267,"date":"2023-12-08T12:05:57","date_gmt":"2023-12-08T12:05:57","guid":{"rendered":"https:\/\/www.floortap.com\/resources\/?p=267"},"modified":"2024-03-15T04:13:48","modified_gmt":"2024-03-15T04:13:48","slug":"hinjewadi-a-huge-profitable-space-in-pune","status":"publish","type":"post","link":"https:\/\/www.floortap.com\/resources\/hinjewadi-a-huge-profitable-space-in-pune\/","title":{"rendered":"Hinjewadi &#8211; A Huge Profitable Space in Pune"},"content":{"rendered":"\n<p>Pune is a metropolitan city that has been ranked as \u201cthe most liveable city\u201d in India. The city contributes a GDP of $69 billion and emerged as a huge hub of the IT dynasty. Hinjewadi is a space located on the outskirts of Pune that contributes a major part to its economic growth. Hinjewadi has a total area of about 33.91 sq km and covers a major space in the city. Through this blog,<a href=\"https:\/\/www.floortap.com\/\"> FloorTap<\/a>&nbsp; provides you with the data of verified demand and supply listings.<\/p>\n\n\n\n<p>Hinjewadi has emerged as a prominent IT hub, hosting major IT companies and tech parks. The area&#8217;s status as an employment hub attracts businesses looking to tap into a skilled workforce, making it an ideal location for commercial ventures.<\/p>\n\n\n\n<p><strong>Connectivity<\/strong><\/p>\n\n\n\n<p>Hinjewadi enjoys excellent connectivity through major highways, easing the movement of goods and people. Easy access to public transportation further enhances the convenience for employees and customers, making it an attractive commercial destination.<\/p>\n\n\n\n<p>Buyers widely look for spaces having great connectivity and social infrastructure to build a long-term business in the locality. Hinjewadi is one such location that is well-connected with prominent localities in Pune through Hinjewadi-Aundh Road, Mumbai Highway (NH-48), and Dhange Chowk Roads. As the area is situated on the outskirts of Pune, it is a bit far away from Pune Railway Station by 20 km. The air transport medium is Pune International Airport (26 km) which can be reached in an hour. However, to improve the connectivity in this area, the Pune government is planning to elevate a 23.3 km metro line in the future. Furthermore, the area has great social infrastructure including malls, schools, colleges, shops, and many other facilities. Other than this, Hinjewadi has popular retail avenues like Xion Mall, Fountain Market, Vision One Mall, Dmart, and many other destinations.&nbsp;<\/p>\n\n\n\n<p>The close proximity to Hinjewadi IT Park, one of the largest IT complexes in Pune, is a significant draw for investors. This proximity not only facilitates business operations but also enhances the visibility and accessibility of commercial spaces.<\/p>\n\n\n\n<p><strong>Social Infrastructure in&nbsp; Hinjewadi<\/strong><\/p>\n\n\n\n<p>Hinjewadi boasts a well-developed social infrastructure that complements its status as a burgeoning commercial and IT hub. The area offers a range of top-notch educational institutions, healthcare facilities, and recreational spaces, ensuring a holistic living experience for its residents. From reputed schools and colleges to modern hospitals and vibrant shopping complexes, Hinjewadi provides essential amenities that contribute to a high quality of life.&nbsp;<\/p>\n\n\n\n<p>Additionally, the presence of well-maintained parks, cultural centers, and entertainment venues enhances the social fabric, creating a balanced and enriching community environment. The robust social infrastructure in Hinjewadi makes it not only a thriving business destination but also a sought-after residential locality.&nbsp;<\/p>\n\n\n\n<p>This locality stands as a beacon for Ease of Doing Business (EODB), where a thriving residential community ensures seamless accessibility for the workforce. This synergy fosters a business-friendly environment, promoting convenience and efficiency for enterprises operating in the area.<\/p>\n\n\n\n<p><strong>Let&#8217;s also have a look on the data of last 12 months&nbsp;<\/strong><\/p>\n\n\n\n<p>\u27a2 Total Stock &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &#8211; 14.02(in MSF)<\/p>\n\n\n\n<p>\u27a2 Lease (last 12 months)&nbsp; &nbsp; &nbsp; &#8211; 1.36 (in MSF)<\/p>\n\n\n\n<p>\u27a2 Sale (last 12 months) &#8211; 1.17 (in MSF)<\/p>\n\n\n\n<p><strong>Top tenants in Hinjewadi<\/strong><\/p>\n\n\n\n<p>Although the area has fewer transportation facilities compared to other localities, it is situated near popular IT hubs like Tathawade, Maan, Wakad, etc. attracting a wide range of people to the space. Overall there are some reasons why buyers are choosing the Hinjewadi location. The main reason behind this trauma is its excellent social and physical infrastructure. Here&#8217;s a list of #5 reputed tenants having their own spaces in Hinjewadi.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Infosys<\/li>\n\n\n\n<li>Accenture<\/li>\n\n\n\n<li>Cognizant<\/li>\n\n\n\n<li>L&amp;T Mindtree Infotech<\/li>\n\n\n\n<li>IBM<\/li>\n<\/ul>\n\n\n\n<p>Before delving into the conclusion, have a look at the average rental rate of these buildings in Hinjewadi.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Tenants<\/strong><\/td><td><strong>Average Rental (Chargeable in INR\/ sq ft)<\/strong><\/td><\/tr><tr><td>Infosys<\/td><td>47<\/td><\/tr><tr><td>Accenture<\/td><td>42<\/td><\/tr><tr><td>Cognizant<\/td><td>54<\/td><\/tr><tr><td>L&amp;T Mindtree Infotech<\/td><td>55<\/td><\/tr><tr><td>IBM<\/td><td>41<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Price Trends in Hinjewadi<\/strong><\/p>\n\n\n\n<p>Hinjewadi is an outer area of Pune, making it the right choice for buyers seeking low-investment projects. The area is seeking great development in the upcoming years that can drive a huge profit for property owners in the future. Check out <strong>commercial property in Hinjewadi<\/strong> the #3 expensive buildings in Hinjewadi and their current rental rates.\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Plot no. 32 (JK Infotech)&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Average Rental &#8211; 79.8(INR\/ sq ft)<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nalanda SEZ IT Park<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Average Rental &#8211; 71 (INR\/ sq ft)<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Tech Center Pune<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Average Rental &#8211; 70.9 (INR\/ sq ft)<\/p>\n\n\n\n<p>Furthermore, the city is also a hub of top brand companies having their branches in Pune.&nbsp;<\/p>\n\n\n\n<p><strong>Explore the data on occupied buildings and their rates for a comprehensive view.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Latest Office Lease Transaction<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Date<\/td><td>Brand Name<\/td><td>Building<\/td><td>Rental (Chargeable in INR\/ sq ft)<\/td><\/tr><tr><td>Aug-23<\/td><td>Tricentis India<\/td><td>Tech Centre (Pune)<\/td><td>76.6<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Latest Office Lease Transaction<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Date<\/td><td>Brand Name<\/td><td>Building<\/td><td>Capital Value (Chargeable in INR\/ sq ft)<\/td><\/tr><tr><td>Jul-23<\/td><td>Evernest Pinnacle<\/td><td>India Land Global Tech Park (Pune)<\/td><td>5,348<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Conclusion<\/strong><\/p>\n\n\n\n<p>The consistent growth and demand for commercial spaces in Hinjewadi offer investors the potential for property value appreciation. This long-term growth outlook makes it an attractive option for those seeking commercial real estate investments. As an upcoming commercial area in Pune, it attracts the attention of buyers to make the right investment that can drive huge profits in the future. Even the government is planning to execute some interesting projects in this locality to solve the connectivity issues. Overall, in upcoming years Hinjewadi will make a major contribution to the economy of Pune. Investing in these developing areas is a great command.\u00a0FloorTap provides you with data on some highly recommended spaces in Hadapsar including<a href=\"https:\/\/www.floortap.com\/details\/commercial-property-for-lease\/suratwala-mark-plazzo\/2825\"> Suratwala Mark Plazzo<\/a>,<a href=\"https:\/\/www.floortap.com\/details\/commercial-property-for-lease\/jupiter-house\/2667\"> Jupiter House<\/a>,<a href=\"https:\/\/www.floortap.com\/details\/commercial-property-for-lease\/viva-icon\/1260\"> Viva Icon<\/a>,<a href=\"https:\/\/www.floortap.com\/supply\/commercial-property-for-lease\/6\/pune\/Hinjewadi\"> Vantage Capital<\/a>,<a href=\"https:\/\/www.floortap.com\/details\/commercial-property-for-lease\/global-tech-park-hinjewadi\/1787\"> Global Tech Park Hinjewa<\/a>di, and many more. <br>Follow <a href=\"https:\/\/www.floortap.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">FloorTap<\/a> to stay updated on the latest trends and available spaces in Hinjewadi. With reliable and accurate information, FloorTap provides you with the data of verified demand and supply listings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pune is a metropolitan city that has been ranked as \u201cthe most liveable city\u201d in India. The city contributes a GDP of $69 billion and emerged as a huge hub of the IT dynasty. Hinjewadi is a space located on the outskirts of Pune that contributes a major part to its economic growth. Hinjewadi has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hinjewadi - A Huge Profitable Space in Pune - FloorTap Resources<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.floortap.com\/resources\/hinjewadi-a-huge-profitable-space-in-pune\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hinjewadi - A Huge Profitable Space in Pune - FloorTap Resources\" \/>\n<meta property=\"og:description\" content=\"Pune is a metropolitan city that has been ranked as \u201cthe most liveable city\u201d in India. 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