Nestled in the heart of one of Pune’s most sought-after locales, the new flats in Balewadi Pune offers a perfect blend of convenience, style, and sophistication. These flats provide the ideal fusion of modern design and city conveniences. Discover the pinnacle of opulent living with roomy rooms, expansive vistas, and first-rate amenities. Don’t pass up the chance to turn these apartments into your dream home. Discover your ideal area right now with Houssed, your entryway to opulent life in Pune’s Balewadi.

About Balewadi, Pune

Hidden away in Pune’s Western Metropolitan Corridor lies the thriving residential enclave of Balewadi, known for the prestigious Shree Shiv Chhatrapati Sports Complex. This hamlet, which has an area of around 3.51 square kilometres and has 22,720 residents—11,710 men and 11,010 females—is located inside the Pune district of Maharashtra.

Ideally located next to the Mumbai Highway (NH-48), Balewadi is a developed community tucked away on the northwest edge of Pune. Prominent neighbourhoods including Baner, Wakad, Hinjewadi, Aundh, and Pimple Nilakh surround it.

Balewadi is well-known for its ability to organise major athletic events. Notable events that it has hosted include the National Games in 1994, the 2008 Commonwealth Youth Games, and the second Khelo India Youth Games. Notable landmarks within Balewadi encompass Bifrost, Panhala Fort, Balewadi High Street Area, Nrusimha Saraswati Mandir, and Sadanand Regency.

Why Should You Invest in Balewadi?

Balewadi investing is an attractive option because of a number of strong reasons. The region has a consistent increase in property prices, with flats typically costing Rs. 9,250 per square foot and yielding a rental yield of around 6.7%. Furthermore, Balewadi’s important bordering communities, Prathamesh Park, Laxman Nagar, and Aundh Annexe, provide apartments in a comparable price range, adding to the neighborhood’s appeal for people looking for a variety of housing alternatives within a certain budget range.

In addition, the region’s legitimacy and attractiveness are enhanced by well-known developers such as Majestique Landmarks, Kakkad Group ANP Corp, Kunal Group, and Rigved Lifespaces. These projects provide a range of residential options and demonstrate a dedication to high-quality building.

Price Trends in Balewadi

Below is the statistical data to understand the price trends in Balewadi, Pune:

Year Price/Sq. ft
2019 Rs. 6,900
2020 Rs. 7,050
2021 Rs. 8,450
2022 Rs. 8,550
2023 Rs. 9,250

Disclaimer: The prices shown above are just estimates derived from data gathered from various sources and may not represent the real cost. The price mentioned above may change depending on the developer, the area, and the amenities.

Top 5 Reasons to Invest in Balewadi

1: Great Connectivity

  • Thanks to the Mumbai Highway (NH-48), Balewadi Road, and Baner Road, the area has excellent road access.
  • Balewadi is further connected to other significant industrial and cultural centres of Pune by 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).
  • Furthermore, Balewadi would be crossed by the projected 23.3 km metro Line 3 (Hinjewadi Phase III – Civil Court), which would improve metro connection in the area.

2: Best Infrastructure

Balewadi provides access to upscale hotels, fun malls, bars, stylish restaurants, medical facilities, and other leisure destinations.

Educational Institutions Renowned Health Centres Entertainment Venues
PICT Model School Jupiter Hospital Manali Resto Bar
VIBGYOR High School Surya Mother & Child Care Super Specialty Hospital The Urban Foundry
MITCON International School Vitalife Medipoint Hospital Little Italy Restaurant
National Institute of Construction Management and Research (NICMAR) Shashwat Hospital Cinépolis – WestEnd Mall
Rabindranath Tagore School Sus Hospital City Pride Royal Cinemas

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 neighbourhoods, has a lot to do with its advantageous location in relation to the city’s main thoroughfares. An overview of the approximate travel time and distance from Balewadi to several significant nearby localities is given in the table below:

Locality Approx Distance from Belawadi Commute Time from Belawadi
Aundh 5.5 kilometres 16 minutes
Baner 2.0 kilometres 6 minutes
Wakad 4.9 kilometres 13 minutes
Hinjewadi 6.9 kilometres 24 minutes
Pimple Nilakh 5.1 kilometres 14 minutes

5: Presence of Industrial Estates

  • The location is only 4 km away from Baner IT businesses, while Hinjewadi InfoTech Park is 9 km away from Balewadi.
  • Balewadi is located 12–14 kilometres away from the industrial parks at Akurdi and Bhosari.
  • The closest significant job centre is Rajiv Gandhi Infotech Park, which is located 11 kilometres from Balewadi.