Property in Balewadi, Pune
Pune, the second largest city of Maharashtra, is known for its renowned educational institutions, beautiful gardens, excellent weather, and IT parks. Balewadi is one of the fastest developing localities in the Western suburbs of Pune. Its proximity to the industrial zones and the IT Hubs of Pune has led to its development over the last few years. Property in Balewadi Pune has seen rapid growth over the previous few years and has an excellent infrastructure. It has outstanding civic amenities and is very well connected to prominent locations of Pune City.
The area comes under the jurisdiction of Pune Municipal Corporation (PMC)m and is close to Wakad, Pimple Nilakh, Thergaon, Baner, Pimple Gurav, Pimple Saudagar, Aundh, Pashan, Khadki, etc. The Shree Shiv Chhatrapati Sports Complex is also nearby, and a unique museum dedicated to Sachin Tendulkar is also coming up in Balewadi.
The locality is near the Hinjewadi Software Park as well as other nearby information technology parks/companies, which have led to an increase in demand for commercial and residential property in Pune by home buyers as well as investors. The rapid industrial growth, the establishment of the IT sector also led to the expansion of hospitality, retail sectors in the area. To meet the rising demand for property in the area, a number of leading developers have launched projects new flats in Balewadi Pune. There has been an increase in demand for 3BHK new property in Balewadi Road Pune. A number of 2 BHK properties in Balewadi Pune are available for software professionals.
The area, is well connected to surrounding areas via the bus network by PMPML.
The Shivajinagar Bus Stand and Baner Bus Stand are also close. It has excellent ConnectivityConnectivity to Pune International Airport via the Baner road
he Mumbai-Bangalore Highway is also nearby and has further enhanced ConnectivityConnectivity to the area. Several significant roads like The Mumbai-Bangalore Highway, The Pune Bypass Road, The Gopal Hari Deshmukh Marg, and the Mumbai-Pune Expressway have further improved ConnectivityConnectivity to the region.
The Pimpri Railway Station, Chinchwad Railway Station, Kasarwadi Railway Station, and Dapodi Railway Station are nearby. The Pune Junction, which is a major railway station to Balewadi, is also situated at a driving distance of 16.4 km via NH48.
Several IT majors and other multinational companies have set up their offices in Pune. This led to the rapid inflow population in the city, which has led to the demand for property in Pune Balewadi. Proximity to the Pune International Airport, as well as the Pune Junction, is another factor for growth in the region. Connectivity to major IT Hubs like Hinjewadi IT Park is also an added advantage and has led to an increase in property prices in Balewadi Pune.
The Balewadi Pune Property rates are expected to increase further in the coming months, which makes it an ideal time to invest for home buyers and reap good returns on their investments.