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Ready to Move Flats in Wakad, Pune

Right next to Hinjewadi Phase 1 on the Mumbai–Bengaluru highway, Wakad is one of the most popular places to live for people working in the IT park.

West PunePimpri-Chinchwad Municipal Corporation

Ready-to-Move Flats in Wakad

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About Wakad

Wakad sits on the western side of Pimpri-Chinchwad, right next to Hinjewadi Phase 1 and along the Mumbai–Bengaluru highway (NH 48). Its closeness to the IT park has made it one of the most popular places to buy and rent for Hinjewadi employees.

The area has a large stock of mid-rise and high-rise gated societies, many of them completed in the last decade, plus the Phoenix Mall of the Millennium and plenty of schools, hospitals and restaurants. It suits buyers who want a short commute to Hinjewadi at a different budget from Baner.

Roads

On the Mumbai–Bengaluru highway (NH 48), with Wakad Chowk and Dange Chowk as the main junctions and a direct road into Hinjewadi Phase 1.

Metro

Wakad Chowk station on Metro Line 3 links Wakad to Hinjewadi one way and Balewadi, Baner and Shivajinagar the other. Line 3 is built and running trials but is not yet open to passengers as of October 2026; the Hinjewadi-to-Balewadi section is expected to open first.

Work

Hinjewadi Phase 1 is next door; Phases 2 and 3 are further west along the same corridor.

Daily life

Phoenix Mall of the Millennium, schools, hospitals and a wide choice of restaurants along the main roads.

Who Wakad suits

  • People working in Hinjewadi who want a short commute
  • Families looking for a larger flat or a newer society within a set budget
  • Investors, since rental demand from IT employees is strong

Check before you buy

  • Peak-hour traffic at Wakad Chowk and on the road into Hinjewadi
  • The society's water supply: municipal, borewell or tanker
  • Whether the society is in PCMC limits or a neighbouring area, which affects property tax

Stamp duty in Wakad

Wakad is in PCMC, so stamp duty is 7% (6% for a woman buying in her sole name) plus registration of 1%, up to ₹30,000.

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Wakad FAQs

Is Wakad under PMC or PCMC?+

Wakad is within Pimpri-Chinchwad Municipal Corporation (PCMC) limits.

What is the stamp duty on a flat in Wakad?+

Wakad is in PCMC, which has the same rates as PMC. Stamp duty is 7% of the property value (6% for a woman buying in her sole name), plus registration of 1% up to ₹30,000.

Does Wakad have a metro station?+

Yes, Wakad Chowk on Line 3. Line 3 is built and running trials but is not yet open to passengers as of October 2026; the Hinjewadi-to-Balewadi section is expected to open first.

Locality information checked October 2026. Metro timelines and civic boundaries change, so confirm the details for a specific property before you buy.