Learn the primary factors that make Balewadi a great area for buying property in Pune
March 14, 2023 |
Balewadi is one of Pune's most coveted residential zones because of the abundance of residential complexes there. Balewadi's reputation as a preferred residential area is fueled by several intriguing features. Let us know about them:
- District – Pune
- Location - Pune's Western Metropolitan Corridor
- Area - Pune suburb
- Municipal - Pune Municipal Corporation
- Language – Marathi
- Famous for - Shree Shiv Chhatrapati Sports Complex
- With connectivity to Baner, Hinjewadi, Chinchwad, and Alandi, Balewadi has excellent access to important places.
- Balewadi is connected to significant Pune areas by the Katraj-Dehu Road corridor.
- The distance to the Pune railway station is 16 kilometers.
- Balewadi is 19.7 kilometers from the Pune airport.
- This area is home to several well-known educational institutions, including Shradhey School, MITCON International School, C M International School, BharatiVidyapeeth Rabindranath Tagore School of Excellence, and G. S. Moze College of Engineering.
- Hospitals in Baledawi include MedistarSuperspeciality Hospital, Mauli Hospital, and Ashwini Hospital.
- Important places like markets, convenience stores, food courts, banks, ATMs, petrol pumps, hotels, restaurants, parks, and shopping malls are all located here.
Real estate market study
- Real estate in Balewadi is rising swiftly. It has a lot of room to develop financially. Connectivity and employment opportunities give a major thrust to realty.
- Balewadi, a developing real estate market, provides both plush and reasonably priced apartments.
- Balewadi offers apartments with 2 and 3 BHK units for prices between Rs 50 and Rs 90 lakhs.
- Property values are predicted to increase by 20% in this area over the following 10 years. A home brought here to be occupied or rented out will increase in value over time.
- Starting a rental business in Balewadi is a great strategy to boost income. A 2 BHK apartment in Balewadi can be rented for Rs 15,000 per month and generate a considerable income.
Employment avenues study
- Balewadi offers great employment opportunities to citizens. It is located near important IT parks in Pune.
- The distance from here to Rajiv Gandhi Infotech Park is 8 kilometers.
- People in the IT industry search for residences in Balewadi that are close to their workplaces.
Balewadi is therefore among the top cities in Pune to invest in residential real estate. Everyone can find accommodation in this city. Balewadi's real estate market is expanding, and new construction is constantly popping up. These are the primary reasons why purchasing real estate in Balewadi makes sense.
Where to invest in Balewadi?
Nandan Ace Balewadi is a splendid project that provides real estate properties with lavish features. Property buyers can get wonderful 3 BHK flats with a wide range of plush amenities here. Here, flats range in price from Rs 1.28 crores to Rs 1.58 crores. This property has been exquisitely designed and is equipped with all the lavishness that you require to lead a swanky life with the people you love.