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PCMC Zone 3 · Western growth belt

Commercial Property in Wakad, Tathawade, Punawale and Ravet

Wakad, Tathawade, Punawale and Ravet form PCMC’s western growth belt along the Mumbai–Bengaluru highway, right next to Hinjewadi. Tens of thousands of IT professionals live here, and the commercial market has grown to serve them: office buildings for IT services and startups, restaurants and cafés, supermarkets, gyms, salons, clinics and schools. It is the zone for businesses that want the Hinjewadi workforce as either their employees or their customers.

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PCMC Zone 3 · Western growth belt — representative photograph
Representative image

Tell us your requirement and we will shortlist offices and retail units across the belt.

Offices near Hinjewadi

Commercial buildings along the highway service road, Dange Chowk, Kalewadi Phata and the Wakad–Hinjewadi road offer offices from a few hundred square feet to full floors, often at lower rents than inside the IT park. They suit IT services firms, startups, recruitment agencies and training companies that want to be near Hinjewadi without paying Hinjewadi rents.

Retail, food and services

The young, dual-income households of Wakad, Tathawade, Punawale and Ravet support restaurants, cafés, cloud kitchens, supermarkets, gyms, salons, clinics, pharmacies and preschools. Main-road ground floors on the Wakad and Tathawade stretches are the most visible; society podium shops in Punawale and Ravet serve the newest housing.

Connectivity

The Mumbai–Bengaluru highway runs through the belt, with Hinjewadi to the west and Baner to the south. Ravet sits near the Mumbai–Pune Expressway approach and the Aundh–Ravet BRTS corridor. Metro Line 3 serves the Hinjewadi side.

What we check before you sign

  • Highway service-road access and U-turn points
  • Parking at evening peaks for restaurants and gyms
  • Society podium versus main-road visibility
  • Commute time to Hinjewadi phases for office staff
  • Water and drainage for food, salon and gym uses
  • Occupancy certificate in newer buildings

Typical formats and sizes

  • IT and startup offices of 500 to 10,000 sq.ft.
  • Restaurant, café and cloud-kitchen units
  • Supermarket, pharmacy and grocery shops
  • Gym, salon, clinic and preschool space

Micro-markets within the area

Wakad and Dange ChowkOffices, restaurants and retail
Kalewadi PhataCommercial junction and offices
TathawadeColleges, housing and retail
PunawaleNew housing and podium shops
RavetExpressway-side housing and services

Frequently asked questions

Is Wakad good for an IT office?

Yes, for companies that want to be near Hinjewadi at a lower rent and closer to where many employees live.

Which is better for a restaurant — Wakad or Baner?

Both are strong. Wakad serves a very large residential and IT population; Baner has more established dining streets. It depends on your format and price point.

Are there shops for rent in Punawale and Ravet?

Yes, mostly in residential podiums and on the main roads. They suit daily-needs businesses.

Do you have listings in Wakad?

We have limited public stock here and source most options on brief. Tell us what you need.

People also search for

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Live listings

Wakad, Tathawade, Punawale & Ravet — current listings

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