New Residential Projects in Balewadi, Pune

Introducing Houssed – your gateway to the new residential projects in Balewadi Pune. In the calm surrounds of Balewadi, discover modern living spaces made to enhance your way of life. Houssed has carefully chosen a collection of homes to meet all of your requirements, whether you’re looking for opulent apartments, cutting-edge features, or great locations. Don’t pass up the chance to locate your ideal house in one of Pune’s most desirable neighbourhoods. Go exploring right now with Houssed to start your search for the ideal Balewadi residential hideaway!

About Balewadi, Pune

Surrounded by the famed Shree Shiv Chhatrapati Sports Complex, the flourishing residential community of Balewadi is tucked away in Pune’s Western Metropolitan Corridor. This hamlet, which is inside the Pune district of Maharashtra, is home to 22,720 people—11,710 men and 11,010 women—and occupies an area of around 3.51 square kilometres.

Nestled on the northwest corner of Pune, Balewadi is a developed town well situated close to the Mumbai Highway (NH-48). It is surrounded by prestigious areas including Baner, Wakad, Hinjewadi, Aundh, and Pimple Nilakh.

Balewadi is renowned for its proficiency in coordinating large-scale sporting events. The National Games in 1994, the 2008 Commonwealth Youth Games, and the second Khelo India Youth Games are just a few of the notable occasions it has held. Famous locations in Balewadi are Bifrost, Panhala Fort, Balewadi High Street Area, Sadanand Regency, and Nrusimha Saraswati Mandir.

Why Should You Invest in Balewadi?

Investing in beewadi is a desirable decision for several compelling reasons. Property values in the area have been steadily rising; flats, on average, cost Rs. 9,250 per square foot and have a rental yield of about 6.7%. In addition, apartments in similar price range are available in Balewadi’s significant surrounding neighbourhoods, Prathamesh Park, Laxman Nagar, and Aundh Annexe, which increases the neighborhood’s appeal to those searching for a range of housing options within a specific budget range.

Furthermore, prominent developers like Majestique Landmarks, Kakkad Group ANP Corp, Kunal Group, and Rigved Lifespaces contribute to the validity and appeal of the area. These projects show a commitment to producing high-quality buildings and offer a variety of residential possibilities.

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 costs displayed above may not accurately reflect the true cost since they are only estimations based on information obtained from many sources. The developer, the location, and the amenities might all affect the pricing shown above.

Top 5 Reasons to Invest in Balewadi

1: Great Connectivity

  • The region has good road connectivity because to the Mumbai Highway (NH-48), Balewadi Road, and Baner Road.
  • Gopal Hari Deshmukh Marg and the Baner-Balewadi Link Road provide further connections between Balewadi and Pune’s other important industrial and cultural hubs.
  • Pune Junction Railway Station (14 km), Dapodi Railway Station (11 km), and Pune International Airport (20 km) can be reached in 40–50 minutes from Balewadi to Aundh Road.
  • Additionally, the proposed 23.3 km metro Line 3 (Hinjewadi Phase III – Civil Court) would pass through Balewadi, enhancing the area’s metro connectivity.

2: Best Infrastructure

Access to posh hotels, entertaining malls, pubs, chic eateries, healthcare facilities, and other recreational areas is made possible by Balewadi.

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

One of Pune’s fastest-growing suburbs, Balewadi, may be attributed in large part to its prime position near the city’s main thoroughfares. The table below provides a summary of the approximate travel time and distance between Balewadi and a number of important adjacent localities:

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

  • Hinjewadi InfoTech Park is located 9 kilometres from Balewadi, whereas Baner IT enterprises are only 4 km distant from the area.
  • Akurdi and Bhosari’s industrial parks are 12–14 km apart from Balewadi.
  • Rajiv Gandhi Infotech Park, the nearest sizable employment location, is 11 miles from Balewadi.
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