This article needs additional citations for verification. (August 2018) (Learn how and when to remove this template message)
The NH 4 Pune Bypass passing through Wakad
|• Body||Pimpri-Chinchwad Municipal Corporation|
|Elevation||570 m (1,870 ft)|
|Time zone||UTC+5:30 (IST)|
|Vehicle registration||MH - 14|
|Civic agency||Pimpri-Chinchwad Municipal Corporation|
Wakad holds great importance for its religious carnival known as "Jatra" in the temple of Mhatoba. • The rich, fertile, black soil of Wakad helped farmers grow sugarcane, groundnut and onion in abundance. • Slowly the civic infrastructure in Wakad improved with regular electricity, water, good roads and drainage system.Thus, the civic infrastructure at Wakad is at par with the best.
The phenomenal growth of Wakad can be attributed to the upcoming of the Infotech and Biotechnology park at Hinjawadi close to the Pune-Mumbai Expressway (west). In the last four years, the Pimpri Chinchwad municipal corporation has granted the maximum number of building permissions for projects in the area to Wakad and its surrounding areas. As a result, it is seen as an ideal residential destination in Pune. It is also close to three Bus Rapid Transit (BRT) routes, namely Nashik Phata-Wakad, Aundh-Ravet and Kalewadi phata-Dehu Alandi road. Towards the east is Pimple Nilakh, Pimple Saudagar and Aundh, towards the south is the Mula River, Baner, Pashan and Balewadi Shree Shiv Chhatrapati Sports Complex and towards the north is Thergaon, Akurdi, Chinchwad and Ravet. Wakad is all set to get Phoenix Marketcity in next few years.
Wakad houses a lot of people working in the technology companies (Infosys Ltd, Tata Technologies ltd, Cognizant, TCS, Wipro etc.) located in the Hinjewadi IT park in the adjoining Hinjewadi area.