Property valuation in Hinjewadi
Hinjewadi grew around the Rajiv Gandhi Infotech Park, and most of the housing around it is less than twenty years old. Values here follow the IT employers, the traffic and the planning authority, roughly in that order.
Who governs what
The IT park itself is industrial development corporation land. Much of the housing in the villages around it, such as Hinjewadi, Marunji and Maan, falls under the Pune metropolitan region authority, PMRDA, rather than a city corporation. Wakad and parts of Baner sit within Pune's municipal corporations. The body that approved a building affects how a bank looks at it, and the report records it.
What we value here
Flats in large township projects, flats in smaller standalone buildings, row houses, and plots further out. Many owners are IT professionals who bought off plan, and many have since moved cities or countries.
Rent is a strong guide
Because so many flats here are let to people working in the park, rents are a reliable measure of value. A flat within easy reach of the main campuses lets faster and for more, and sells for more too. The report weighs nearby sales and rents together.
Selling from abroad
Owners who now live overseas can sell without travelling. We inspect, photograph with the date and location recorded, and send the signed report by email. Tax deducted on an NRI's sale is covered on our NRI pages.
Plots in the villages around the park
Further out, plots in villages such as Maan and Marunji range from approved layouts to land still recorded as agricultural on the 7/12 extract. The report states which, because a buyer and a bank both price that difference.
Hinjewadi questions
- My building was approved by PMRDA, not the city. Does that matter?
It matters to some banks and buyers. The report records which authority approved the building, so there are no surprises.
- Does traffic really affect value here?
It does, through rents and demand. Flats with an easier commute to the park consistently fetch more, and the evidence shows it.
- Is a flat in a large township worth more than a standalone building?
Often, because of amenities and resale demand, but maintenance costs differ too. The report compares like with like from recent sales.
Checked by Parish Rao, Chartered Engineer and Government Approved Valuer (Registration number CAT-I/443/117/2000-01).
Page last checked on 8 November 2026.
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