The growth of Hinjawadi as an IT hub attracted real estate developers to nearby areas. Rasikwadi saw an increase in real estate activities with the development of residential projects aimed at accommodating the growing population of IT professionals. The influx of new residents and the establishment of modern residential complexes started to change the demographic and socioeconomic landscape of Rasikwadi. Rasikwadi is now an emerging residential area within Jambhe, characterized by a mix of traditional and modern elements. The area continues to develop, driven by its strategic location near Hinjawadi and ongoing infrastructure improvements.