Real Estate Development in Wakad, Pune
Welcome to the forefront of real estate development in Wakad, Pune. Driven by robust infrastructure, direct access to Rajiv Gandhi Infotech Park (Hinjewadi), the Mumbai–Pune Expressway, and the upcoming Pune Metro Line 3, Wakad is Western Pune's most lucrative property corridor. Shree Venkateshwara Group delivers high-value, MahaRERA-compliant commercial and residential projects engineered for superior capital appreciation and elevated modern living.
45+
Commercial & Retail Units
Delivered at Royal 18 Wakad Hub12,873+
Sq.Ft. Built Footprint
High-Yield Commercial Development5-12 Min
To Hinjewadi IT Park
Phases 1, 2 & Rajiv Gandhi Park100%
MahaRERA Approved
RERA Reg. No: P52100018047
Why Real Estate Development in Wakad is Booming
Over the last decade, Wakad has transitioned from an agricultural extension into Pune's foremost urban real estate hotspot under the Pimpri-Chinchwad Municipal Corporation (PCMC). Positioned strategically along the western corridor of Pune, Wakad serves as the primary gateway connecting Pune city with the Mumbai-Pune Expressway and the sprawling Hinjewadi IT hub.
The surge in residential and commercial real estate development in Wakad is fueled by sustained demand from over 200,000 corporate professionals, high-performing schools, multispecialty hospitals, and vibrant retail centers. Shree Venkateshwara Group continues to contribute to this vibrant micro-market by developing prime commercial spaces and residential landmarks built to international engineering standards.
4 Catalysts Driving Property Growth in Wakad
Key economic and infrastructural pillars that make real estate development in Wakad an unbeatable investment opportunity.
Hinjewadi IT Cluster
Situated merely 3.8 km from Hinjewadi Phases 1 & 2, Wakad enjoys massive rental and homebuyer demand from top MNCs including Infosys, Wipro, TCS, and Cognizant.
Pune Metro Line 3
The upcoming 23 km elevated Metro Line 3 connecting Hinjewadi to Shivajinagar passes right along Wakad, ensuring rapid, congestion-free commutes across Pune.
Tri-Node Arterial Roads
Exceptional connectivity via the Mumbai-Pune Expressway, Aundh-Ravet BRTS corridor, Bhumkar Chowk, and Dange Chowk, linking easily to Baner, Balewadi, and Pimpri.
Lifestyle & Social Hub
Home to Western Pune's largest retail destination — Phoenix Mall of the Millennium — alongside premier healthcare (Aditya Birla Hospital) and international schools.
Featured Commercial Project in Wakad
Discover Royal 18 — A completed landmark commercial and retail complex developed by Shree Venkateshwara Group.
Royal 18
Royal 18 is a premier commercial and retail development strategically located on the high-footfall Wakad-Thergaon arterial link near Dange Chowk. Engineered with modern facade design, high-speed elevator access, wide shop frontages, and dedicated parking, Royal 18 offers prime business suites and retail spaces tailored for medical clinics, corporate offices, consultancies, and flagship retail showrooms.
MahaRERA Registered: P52100018047Wakad Real Estate Price Trends & ROI Overview
Comprehensive benchmarking of property values, rental yields, and capital appreciation for real estate developments in Wakad, Pune.
| Property Category | Typical Unit Configuration | Average Capital Value (₹/Sq.ft.) | Average Rental Yield (%) | Investment Potential |
|---|---|---|---|---|
| Commercial Retail (Ground Floor) | 300 – 900 Sq.Ft. Showrooms | ₹16,000 – ₹24,000 / sq.ft. | 6.5% – 8.2% | Prime Commercial ROI |
| Commercial Corporate Offices | 350 – 1,200 Sq.Ft. Office Suites | ₹9,500 – ₹13,500 / sq.ft. | 5.8% – 7.0% | High Corporate Demand |
| Residential 2 BHK Apartments | 720 – 850 Sq.Ft. Carpet | ₹7,500 – ₹9,200 / sq.ft. | 4.2% – 5.1% | Top Rental Volume |
| Residential 3 BHK Luxury Flats | 980 – 1,350 Sq.Ft. Carpet | ₹8,200 – ₹10,500 / sq.ft. | 3.8% – 4.6% | Premium Appreciation |
| Residential 1 BHK Starter Homes | 450 – 550 Sq.Ft. Carpet | ₹6,800 – ₹8,200 / sq.ft. | 4.8% – 5.5% | High Liquidity |
*Note: Rates represent prevailing 2026 market benchmarks across prime micro-locations in Wakad (Bhumkar Chowk, Datta Mandir Road, Shankar Kalat Nagar, Kaspate Vasti, and Dange Chowk link). Actual rates vary by project specifications and builder track record.
Wakad Multi-Modal Connectivity Matrix
Effortless connectivity to Pune's premier economic zones, transport corridors, healthcare, and educational hubs.
Rajiv Gandhi IT Park (Hinjewadi)
5 – 12 Minutes (3.8 km)Quick access to Phase 1, Phase 2, and Quadron Business Park for daily tech commutes.
Mumbai–Pune Expressway
8 Minutes (4.2 km)Immediate entry via Wakad flyover onto NH-48 towards Mumbai, Lonavala, and Navi Mumbai.
Phoenix Mall of the Millennium
5 Minutes (2.1 km)Western Pune's biggest lifestyle mall featuring premium dining, retail brands, and IMAX cinema.
Aditya Birla Memorial Hospital
8 Minutes (3.5 km)JCI and NABH accredited multi-specialty healthcare facility serving the western Pune belt.
Dange Chowk / Thergaon Junction
3 Minutes (1.2 km)Immediate connection linking Wakad to Thergaon, Chinchwad, Kalewadi, and Pimpri.
Pune Metro Line 3 Stations
4 Minutes (1.5 km)Upcoming metro transit stops providing seamless connections to Balewadi, Baner, and Shivajinagar.
Explore Our Wakad Developments
Authentic photographs of Royal 18 and Shree Venkateshwara Group commercial engineering in Wakad, Pune.
Why Choose Shree Venkateshwara Group
A trusted legacy in Pune real estate development built on transparency, quality, and timely execution.
Proven 12-Project Portfolio
With 7 completed developments and 5 ongoing landmarks covering 2.14M+ sq.ft., we have built homes and commercial suites for 1,990+ families and business owners.
100% MahaRERA Compliance
Every development features clean titles, verified NA orders, sanctioned building plans, and strict adherence to MahaRERA guidelines for zero risk.
Prime Growth Locations
We hand-select development parcels with maximum road visibility, arterial proximity, and verified infrastructure pipelines across Wakad, Thergaon, and PCMC.
Find Our Wakad Projects on Map
Explore the exact verified coordinates and navigate directly to Royal 18 on Google Maps.
Royal 18 – Prime Wakad / Thergaon Location
Near Dange Chowk, Wakad-Thergaon Link Road, Pimpri-Chinchwad, Pune - 411057
Open Directions in Google Maps →Questions About Real Estate in Wakad
Everything you need to know about property investment, connectivity, and development standards in Wakad, Pune.
Wakad is Western Pune's leading real estate growth corridor due to its immediate proximity to Rajiv Gandhi Infotech Park (Hinjewadi), direct connectivity to the Mumbai-Pune Expressway, the upcoming Pune Metro Line 3, and world-class retail and healthcare infrastructure including Phoenix Mall of the Millennium and Aditya Birla Memorial Hospital.
Shree Venkateshwara Group develops high-value commercial and residential properties in and around Wakad. A prominent landmark is Royal 18, a completed commercial and retail hub comprising 45 commercial units with 12,873 sq.ft. of saleable area registered under MahaRERA number P52100018047.
In 2026, real estate in Wakad commands average residential capital values ranging from ₹7,500 to ₹10,200 per sq.ft., with commercial retail spaces ranging from ₹14,000 to ₹22,000 per sq.ft. Driven by high IT professional demand, Wakad offers attractive rental yields of 4.2% to 5.5% annually.
Wakad is just 5 to 12 minutes (3.8 km) from Hinjewadi IT Park Phases 1 and 2. It is connected via the Mumbai-Pune Expressway (8 minutes), Bhumkar Chowk, Dange Chowk, and the upcoming Pune Metro Line 3 (Hinjewadi-Shivajinagar corridor).
Yes, 100% of Shree Venkateshwara Group's real estate developments are fully approved and registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA), featuring clear land titles, verified sanctions, and transparent documentation.
You can contact Shree Venkateshwara Group directly via phone at +91 73855 94572, email at info.shreevenkateshwaragroup@gmail.com, or visit the sales desk to schedule a project consultation and site visit.
Interested in Real Estate Development in Wakad?
Connect with Shree Venkateshwara Group's real estate team for verified project plans, commercial availability, and site consultations.