Balewadi is the north-western suburbia of Pune inhabited in the outskirts of the city. It houses the 'Shiv Chhatrapati Sports Complex,' usually acknowledged as the Balewadi Sports complex.

On the Real estate front, Pune has ratified notable developments since 1990. With significant IT and automotive industries expanding their arms on the city's outskirts, Pune has gone under an absolute makeover in the last three decades. And now, the incorporation of 23 villages, materialization of the utopian Pune Smart City project, and signaling off of Pune Metro by 2021 will cause a vital facelift. Likewise, all the reputed builders in Pune are coming up with some dreamy and wondrous residential and commercial projects.

‘To envision the future of real estate in Pune, take a look at the last exponential growth of the 30 years. Pune has developed as an investment hotbed, and people who invested or funded then are now millionaires.’

With a rising demand for residential property, developers in Pune are now focusing on the growth corridors, such as developing projects with 1 bhk and 2 bhk flats in balewadi area.

Previously, the Commonwealth Youth Games of 2008 made Balewadi an accessible location. The games propelled the infrastructure activities in the area, and as a substantial land area was available, thus reputed developers in Pune got an opportunity, to set the stone for their projects in the area.

Balewadi relishes the closeness to Baner, Wakad, Aundh, and the Mumbai- Expressway. Not just these, but it's ideally developed with all the essential sites nearby. Be it hospitals, schools, party places, or calming restaurants/cafe, Balewadi offers excellent proximity to these areas. Pearly White Dental Clinic, Apex Eye Care Clinic, and LifeLine Hospital are among the significant hospitals in Balewadi. Balewadi high street is famous for its bars, restaurants, and night-life. An added advantage is the lush greenery surrounding it.

Average Locality Price: Rs 6,844 per Sq-ft (source: magicbricks)

Proximity to IT hubs: Balewadi, near Baner Road, where prices have crested, is also profiting owing to the IT-led development in the periphery. “The area is especially attractive to people serving in the nearby IT centers of Hinjewadi and looking for a residential accommodation near the workplace,” says a real estate executive from Malpani Group of Builders.

Connectivity: The location is a preferred alternative for home buyers, essentially due to its close proximity to the Mumbai–Pune Expressway. Also, the Katraj- Dehu Road corridor crosses through Balewadi. The locality also benefits with direct connectivity to the Mumbai-Bangalore Highway. It also has excellent convenience through the road network to other locations of Pune. Balewadi is roughly 20 km from the Pune Airport and 10 km from the railway station.

1 bhk flats in Balewadi Pune have witnessed a high demand with youngsters moving in the city to join the current workforce in major IT giants. The area has been developing at an unbelievable pace to house numerous residential gated societies and some luxurious-spacious complexes. It’s undoubtedly one of the best places in Pune to invest.