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About Balewadi, Pune
Nestled in Pune’s Western Metropolitan Corridor, the thriving residential neighbourhood of Balewadi is surrounded by the renowned Shree Shiv Chhatrapati Sports Complex. Located in the Pune district of Maharashtra, this hamlet has a population of 22,720 (11,710 men and 11,010 women) with a land area of around 3.51 square kilometres.
Situated near the Mumbai Highway (NH-48), Balewadi is a developed town nestled in the northwest corner of Pune. Prestigious neighbourhoods including Baner, Wakad, Hinjewadi, Aundh, and Pimple Nilakh around it.
Balewadi is well known for its ability to organise major athletic events. Among the noteworthy events it has hosted are the National Games in 1994, the 2008 Commonwealth Youth Games, and the second Khelo India Youth Games. Bifrost, Panhala Fort, Balewadi High Street Area, Sadanand Regency, and Nrusimha Saraswati Mandir are some of the well-known places in Balewadi.
Why Should You Invest in Balewadi?
Purchasing beewadi is a wise choice for a number of strong reasons. The average cost of a flat in the neighbourhood is Rs. 9,250 per square foot, with a rental yield of around 6.7%. Property values have been growing gradually. Additionally, Prathamesh Park, Laxman Nagar, and Aundh Annexe — three important adjacent neighbourhoods of Balewadi — offer flats in a comparable price range, adding to the neighborhood’s attractiveness to individuals looking for a variety of housing alternatives within a certain budget range.
Prominent developers like Rigved Lifespaces, Kunal Group, Kakkad Group ANP Corp, and Majestique Landmarks all add to the area’s legitimacy and desirability. These projects provide a range of residential options and demonstrate a dedication to creating high-quality structures.
Price Trends in Balewadi
Below is the statistical data to understand the price trends in Balewadi, Pune:
Disclaimer: Since the values shown above are simply estimates based on data gathered from several sources, they could not precisely reflect the real cost. The cost displayed above may vary depending on the developer, the location, and the amenities.
Top 5 Reasons to Invest in Balewadi
1: Great Connectivity
· Because of the Mumbai Highway (NH-48), Balewadi Road, and Baner Road, the area enjoys excellent road access.
· Additional linkages between Balewadi and Pune’s other significant industrial and cultural centres are made possible via the Baner-Balewadi Link Road and Gopal Hari Deshmukh Marg.
· From Balewadi to Aundh Road, it takes 40–50 minutes to get to Pune Junction Railway Station (14 km), Dapodi Railway Station (11 km), and Pune International Airport (20 km).
· Balewadi would also be the route of the projected 23.3 km metro Line 3 (Hinjewadi Phase III — Civil Court), which would improve the metro connection in the area.
2: Best Infrastructure
Balewadi enables access to upscale hotels, bustling shopping centres, bars, elegant restaurants, medical facilities, and other leisure destinations.
3: Top Residential Projects
· Majestique Signature Towers
· Kunal Canary
· 43 Private Drive
· Kunal Aspire
4: Nearest Commute Localities
Balewadi, one of Pune’s fastest-growing suburbs, can be largely credited to its advantageous location close to the city’s main thoroughfares. The journey time and distance estimates between Balewadi and many significant nearby locations are summarised in the table below:
5: Presence of Industrial Estates
· While Baner IT firms are only 4 km away from the region, Hinjewadi InfoTech Park is approximately 9 km from Balewadi.
· Balewadi is located 12–14 kilometres apart from the industrial parks of Akurdi and Bhosari.
· The closest significant job site, Rajiv Gandhi Infotech Park, is located 11 miles from Balewadi.
