Located in the western part of the city, Balewadi is one of the rapidly developing suburban areas. Falling under the purview of Pune Municipal Corporation, the locality has been in the radar of homebuyers and developers for quite some time. With robust social infrastructure and seamless connectivity, it has become one of the most desirable locations for homebuyers in Pune.
Did You Know?
This is where the 20,000-seater athletics stadium of Shree Shiv Chhatrapati Sports Complex is located that had hosted the 2008 Commonwealth Youth Games in Pune.
Commute
Balewadi is well connected to other parts of Pune through Pune-Bypass Road, Mumbai-Bangalore Highway, Gopal Hari Deshmukh Marg, and Mumbai-Pune Expressway. Bus service is also frequent in this locality. Shivaji Nagar railway station is approximately 10km away and is easily accessible, whereas the Pune airport is just half an hour drive from here.
Lifestyle
The presence of industrial zones and IT/ITES hubs in the vicinity sees a lot of influx of employees from outside. Even though Balewadi is an upmarket area, one can also find a few affordable housing projects here. With improved civic amenities and growth in employment opportunities, the locality offers a quality lifestyle.
Eating Out
Balewadi has some great eateries for a gastronomical delight. These include Gong, Nawab Asia, Flying Duck Co, Simply Barbeque, and Incognito.
Top Projects
Schools/Educational Institutions
- Bharati Vidyapeeth’s English Medium School
- VIBGYOR High School
- CM International School
- MTB Secondary and Higher Secondary School
- MITCON International School
- Daffodil International School
Hospitals
- Aditya Birla Hospital
- Medipoint Hospital
- Jupiter Hospital
- Ashakiran Hospital
- Pearl Hospital
- Seth Ramdas Shah Memorial Hospital
The Real Estate Market
Balewadi is a great investment destination with several gated communities already under construction. With proper planning and civic amenities, this micro-market has a lot to offer to the homebuyers, looking for homes in the affordable and premium segment. The ongoing property rates are in the range of Rs 5,400-8,100 per sq. ft.
What to Expect
A great lifestyle beckons at the multi-storeyed towers here offering 1/2 BHK accommodations with great landscaping. With a good number of projects from reputed builders coming up, the property values in Balewadi are expected to rise in the times to come.