Earlier a village outside the city, It is now one of the luxury upmarket areas of Pune, with real estate prices being quite high and increasing.

Also, the upscale area of Koregaon Park and IT hub of Kharadi are easily accessible, nearly 5 km, from Wadgaonsheri.

City centers like Shivajinagar, Deccan Gymkhana, Mahatma Gandhi Road, Camp, Hadapsar are all within a radius of nine to ten kilometers.

[citation needed] Wadgaonsheri is home to many information technology companies like Barclays, Amazon, FiServ, Mindcrest India Private Limited, Mlogica Computech India Private Limited, E Space IT Park, Azhar Pathan IT Agency.

With a number of growing Cloud-Kitchens that have their stores registered on Zomato have been catering to a large working and business-class family population, based in Wadgaonsheri making it an ideal and sort after location for any start-up venture looking to enter the Pune East Economy while living centrally close to all and raising children.