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Top 20 New Residential Projects in Balewadi, Pune

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About Balewadi, Pune

Balewadi, nestled in the Western Metropolitan Corridor of Pune, is a vibrant residential suburb celebrated for the esteemed Shree Shiv Chhatrapati Sports Complex. Situated within the Pune district of Maharashtra, this locality embraces a population of 22,720, with 11,710 males and 11,010 females, covering an area of about 3.51 square kilometres.

Positioned adjacent to the Mumbai Highway (NH-48), Balewadi thrives as a well-developed locale nestled in the north-western outskirts of Pune. It is encircled by prominent neighbourhoods such as Baner, Wakad, Hinjewadi, Aundh, and Pimple Nilakh.

Renowned for its role in hosting prestigious sporting events, Balewadi has been the venue for noteworthy occasions like the National Games in 1994, the 2008 Commonwealth Youth Games, and the second edition of the 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?

Investing in Balewadi presents a lucrative opportunity due to several compelling factors. With an average price of Rs. 9,250 per square foot for apartments and a rental yield of around 6.7%, the area showcases a steady appreciation in property values. Additionally, Prathamesh Park, Laxman Nagar, and Aundh Annexe are some of the key surrounding localities of Balewadi, which offer flats in a similar price range, enhancing the appeal for those seeking diverse housing options within a specific budget range.

Furthermore, renowned developers in the area, including Rigved Lifespaces, Kakkad Group ANP Corp, Kunal Group, and Majestique Landmarks contribute to the region's credibility and desirability. These projects reflect a commitment to quality construction and offer various residential choices.

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: All the above mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Balewadi

1: Great Connectivity

  • The locality boasts extensive road connectivity via Mumbai Highway (NH-48), Balewadi Road, and Baner Road.
  • Baner-Balewadi Link Road & Gopal Hari Deshmukh Marg further link Balewadi to other vital industrial and cultural hubs in Pune.
  • Pune Junction Railway Station (14 km), Dapodi Railway Station (11 km), and Pune International Airport (20 km) are accessible within 40-50 minutes from Balewadi to Aundh Road.
  • Additionally, the proposed 23.3 km metro Line 3 (Hinjewadi Phase III - Civil Court) is planned to traverse through Balewadi, promising enhanced metro connectivity in the region.

2: Best Infrastructure

Balewadi offers access to renowned educational institutes, healthcare facilities, trendy restaurants, luxury hotels, fun malls, pubs and other recreational spots.

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

4: Nearest Commute Localities

Balewadi, a rapidly developing locality in Pune, owes much of its growth to its strategic proximity to key areas in the city. The table below provides an overview of the approximate distance and commute time from Balewadi to some major localities in the vicinity.

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 locale is merely 4 km from IT companies located in Baner, whereas Hinjewadi InfoTech Park is 9 km from Balewadi.
  • Industrial estates in Akurdi and Bhosari are 12-14 km from Balewadi.
  • Rajiv Gandhi Infotech Park is the nearest major employment hub, situated 11 km from Balewadi.

FAQs

What is the PIN code of Balewadi?

The PIN code of Balewadi is 411045. It is situated in Pune, Maharashtra.

What is Balewadi famous for?

Balewadi is widely recognized for its significant sporting events, having hosted the National Games in 1994 and the 2008 Commonwealth Youth Games at the esteemed Shree Shiv Chhatrapati Sports Complex.

Moreover, the town's Balewadi High Street stands out for its array of upscale dining options and cafes, including popular establishments like Starbucks, Tim Hortons, and McDonald's. These venues draw in crowds seeking relaxation and diverse culinary experiences. Notably, Balewadi High Street boasts excellent connectivity to the acclaimed Information Technology Park Hinjewadi, the Mumbai-Pune Expressway, and other major roads in Pune, making it a bustling hub within the city.

Is Balewadi a good place to live?

Absolutely! Balewadi stands as a highly desirable residential locale, offering a range of affordable housing options like Rigved Uptown, Naiknavare Avon Vista, and Dreamworks Metropark County with exceptional infrastructure, seamless connectivity to other city areas, and an array of top-notch amenities.

Moreover, This locality boasts proximity to renowned healthcare institutions like Jupiter Hospital, and Surya Mother & Child Hospital. Education-wise, esteemed schools such as Rabindranath Tagore School, C M International School, and Vibgyor High School are conveniently close. For shopping enthusiasts, Regent Plaza Mall, Westend Mall, Reliance Mall, and Primrose Mall cater to diverse needs, enhancing Balewadi's overall appeal as a fantastic place to reside.

What is the future of Balewadi?

The future of Balewadi looks promising, with plans to develop the area as part of the broader Smart Cities Mission initiated by the Government of India in 2015. The selected area will be developed as a model to be replicated in other parts of the city.

Additionally, The new and upcoming projects like 27 Grand Residency, Kunal Canary, 43 Private Drive and Kundan Espacio are poised to contribute to the locality's appeal to residents.

What are the current development projects in Balewadi?

What are the top schools in Balewadi?

  • PICT Model School
  • Vibgyor High School
  • Mitcon International School
  • The Buddhist International School
  • Rabindranath Tagore School
  • C M International School
  • Pict Model School
  • Nandgude Patil High School
  • MNP High School
  • Hopscotch Pre School

What are the top hospitals in Balewadi?

  • Jupiter Hospital
  • Surya Mother & Child Care Super Specialty Hospital
  • Vitalife Medipoint Hospital
  • Shashwat Hospital
  • Sus Hospital
  • Apple Hospital
  • Lifepoint Multispeciality Hospital
  • Omkar Khalane Hospital
  • Apex Hospital
  • Global Multispeciality Hospital

What are the best restaurants in Balewadi?

  • Manali Resto Bar
  • The Urban Foundry
  • Little Italy Restaurant
  • Cheesiano Pizza
  • La Pizzeria Restaurant
  • Hotel Sarovar Family Resto Bar
  • Sadanand Regency

What are the petrol stations in Balewadi?

  • Bharat Petroleum Corporation Ltd
  • Indian Oil
  • Mauli Petroleum
  • Hindustan Petroleum
  • HP Petrol Pump
  • Sukhwani Petroleum
  • BK Petroleum
  • HP Petroleum
  • Maa Santoshi Essar Petrol Pump

What are the top gyms in Balewadi?

  • HighFit Fitness Club
  • The Zone 360 Fitness
  • VJ's Fitness Club
  • Epoc Fitness
  • Nitrro Refining Fitness
  • Dotfit Fitness
  • Pulse Fitness and Wellness Studio

What are the shopping malls in Balewadi?

  • Westside
  • Vision 9
  • Primrose Mall
  • FWestend Mall
  • Reliance Mall
  • D Mart
  • Prime City Center
  • Grand Highstreet Mall
  • Ozone Mall

What are the top hotels in Balewadi?

  • Hotel Tip Top International
  • Hotel Ambience Excellency
  • The Atmos Hotel
  • Sayaji Hotel
  • Marriott Courtyard Hotel
  • Hotel Treebo Trend Lotus
  • Hotel Saudager
  • Hotel Sanket Inn
  • Ginger Hotel

What are the parks in Balewadi?

  • PCMC Garden
  • Murkute Garden Children's Park
  • Shree Sambhaji Maharaj PCMC Garden
  • Environmental Park
  • Paryavaran Udyan

What are the top attractions in Balewadi?

  • Panhala Fort
  • High Street Area
  • Nrusimha Saraswati Mandir
  • Bifrost
  • Sadanand Regency
  • Shree Shiv Chhatrapati Sports Complex
  • Lata Mangeshkar Musical Garden

How much does a 1 BHK cost in Balewadi?

1 BHK in Balewadi costs in the range of Rs. 40.4 Lakh to Rs. 55.8 Lakh.

What is the average size of a 1 BHK in Balewadi?

The average size of a 1 BHK in Balewadi is 625 sq ft.

What is the rent of a 1 BHK in Balewadi?

The rent of 1 BHK in Balewadi lies in the range of Rs. 15,000 to Rs. 30,000 per month.

How much does a 2 BHK cost in Balewadi?

2 BHK in Balewadi costs in the range of Rs. 80 Lakh to Rs. 1.15 Crore.

What is the average size of a 2 BHK in Balewadi?

The average size of a 2 BHK in Balewadi is 1100 sq ft.

What is the rent of a 2 BHK in Balewadi?

The rent of 2 BHK in Balewadi lies in the range of Rs. 24,500 to Rs. 35,500 per month.

How much does a 3 BHK cost in Balewadi?

3 BHK in Balewadi costs in the range of Rs. 1.19 Crore to Rs. 2.08 Crore.

What is the average size of a 3 BHK in Balewadi?

The average size of a 3 BHK in Balewadi is 1419 sq ft.

What is the rent of a 3 BHK in Balewadi?

The rent of 3 BHK in Balewadi lies in the range of Rs. 30,000 to Rs. 48,000 per month.

How much does a 4 BHK cost in Balewadi?

4 BHK flats in Balewadi cost in the range of Rs. 2.05 Crore to Rs. 3.25 Crore.

What is the average size of a 4 BHK in Balewadi?

The average size of a 4 BHK in Balewadi is 2700 sq ft.

What is the rent of a 4 BHK in Balewadi?

The rent of 4 BHK in Balewadi lies in the range of Rs. 50,000 to Rs. 2 Lakh per month.

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