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Balewadi, Pune: Price of Houses, Apartments, Villas, Plots, Commerical Property | Balewadi Review

Balewadi, situated adjacent to Baner Road and close to Pune Road, has seen an upswing in property demand over the last four quarters. Magicbricks data shows that the locality is in demand for properties ranging between INR 50 lakh and 1 crore. The demand is mainly for multistorey apartments, whereas the supply in this budget range is still short. Factors driving demand here are: Connectivity. Proximity to IT hubs. Competitive property prices. Social infrastructure. The development of new residential projects. Balewadi connects the Mumbai-Pune Expressway to the Katraj Dehu Road corridor. Nearby localities include Baner, Hinjewadi, Wakad, and Aundh. Pune International Airport is 20 km away and takes 45 minutes to reach, while the Pune Railway Junction is 14 km and 40 minutes away. The locality also enjoys road connectivity through Balewadi Road and Baner Road. Furthermore, it is well connected via public transport. The 23.3km metro line 3 is under construction, which will pass through Balewadi and offer good connectivity in the region. The Shri Shiva Chatrapati Complex is within the locality, and Rajiv Gandhi Infotech Park is situated 11 km away from Balewadi. The locality also has many retail avenues. Some examples are the West End Mall, D Mart, Reliance Fresh, Westside, The Xion Mall, and Balewadi High Street. Schools, hospitals, and colleges are also available nearby. According to Magicbricks data, multistorey apartments are available in abundance in Balewadi. There are 1, 2, 3, and 4 BHK options available, with the supply of 2 BHK being the highest at 66%, 3 BHK being at 29%, and 4 and 1BHK being 2% and 3%, respectively. The locality has some waterlogging issues during the monsoon. Know more about Balewadi locality - https://www.magicbricks.com/balewadi-...