Wakad is a suburb in Pimpri Chinchwad on the outskirts of Pune city, in the state of Maharashtra, India. Wakad is one of the fastest growing localities of Pune Metropolitan Area. 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 and towards the north is Thergaon, Akurdi, Chinchwad and Ravet. Wakad is all set to get Phoenix Marketcity in next few years.