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Dhankawadi has been associated with agriculture and traditional Maharashtrian culture.Over time, Dhankawadi has witnessed development in various sectors, including education, healthcare, and real estate. It is home to institutions like the Maharashtra Institute of Technology (MIT), contributing to its reputation as an educational hub in Pune.The locality has also seen infrastructure improvements, such as better road connectivity, public transportation, and amenities catering to residents' needs. Dhankawadi's proximity to other key areas in Pune adds to its appeal for both living and investment purposes.