The positive points for Balewadi are that it has good rental potential, proximity to Hinjewadi and not as crowded as Wakad, proximity to Baner or, Balewadi Stadium and Hinjewadi IT Park. Yes, property price is little higher side than Wakad. Roads are better than Wakad. The average property rate in Balewadi is Rs.6600 per sqft while in Wakad, it is Rs.6400 per sqft. to get more details of the locality and properties available for sale in Balewadi, click this link Properties for sale in Balewadi, Pune
Hello Upendra,
Balewadi, located in the western parts of the Pune has a well-developed infrastructure and strategic location. It is a rapidly emerging area in Pune has seen steady growth in the last 5 yrs. It is famous for Shree Shiv Chhatrapati Sports Complex. The Commonwealth Youth Games of 2008 made it a popular location. It has become a hot area for residential projects, mainly targeting the software professionals working in the nearby Hinjewadi Software Park and other nearby information technology parks and companies. It is approximately 20 km from the Pune International Airport and 10 km from the Pune Railway Station. These are few plus points that makes Balewadi one of the sought-after destination for residential properties in Pune. Flats for sale in Balewadineed proper homework. Localities of Balewadi has been divided into two parts.
The area of Balewadi is particularly attractive to people working in the nearby IT hub of Hinjewadi and looking for residential accommodation near the workplace. As Balewadi is located close to Baner and Aundh, the necessary social infrastructure is available in the area. Numerous banks, schools, restaurants and retail stores have emerged, drawn by an increasingly up-market population. It is also adjacent to Baner Road, benefiting owing to the IT-led development in the periphery. There are PMPML buses going to Hinjewadi via Balewadi. The area is also connected to the Mumbai-Bangalore Highway. All the daily basic necessities are within 500 meters.