Homebuyers Is Attracted By The Development Of Balewadi Real Estate

Submitted by: Mr. Sanjay Kumar

Pune has seen a tremendous growth in different sectors since last decade, prime among them being the realty sector. The urban growth is embracing the outer areas like Pimple Saudagar, Pimple Nilakh, Hinjewadi, Balewadi, Nigdi, Wakad and Talegaon

Not terribly some time past Balewadi was a sleepy hamlet around Baner and Aundh, however over the previous couple of years it’s gradually evolved into a cosmopolitan neighborhood. Presently, it’s a promising investment haven.

With the Commonwealth Youth Games being held here a couple of years ago, the placement has received prominence on the map of Pune. The profile of the realm has been pleasantly reworked beyond recognition to an up-market residential spot. In fact, with the completion of the Chhatrapati Shivaji Sports Complex, that is capable of holding international normal sports events, Balewadi is currently popularly referred to as the sports city adding to the USP of the realm. With variety of international fashionable games events being held within the advanced and a future destination for Olympics as this location is being frequented by Indian moreover as foreign sportspersons.

One of the resident of Mumbai who has recently bought a property in Pune, Balewadi believes that the placement is fairly priced. As Balewadi remains in its nascent stage of development and has the potential to remarkably grow within the next few years. On behalf of it s like home removed from home attributable to Balewadi close proximity to Mumbai. Home here helps to distress from the hectic day-to-day life in Mumbai.

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Speaking regarding the event of Balewadi within the past 5 year, located on the north-western facet of Pune, Balewadi has seen tremendous growth from a rural space to the foremost popular place in Pune. It’s become a hotspot for residential property in Pune mainly targeting the software skilled operating within the nearby Hinjewadi Software Park. Year 2008, has seen the arrangement of Commonwealth Youth Games in Balewadi Shiv Chatrapati Stadium. This event gave the realm the much-needed infrastructural boost.

Unlike Balewadi, several alternative locations in Pune have witnessed haphazard growth as well as saturation, unstable costs and constant correction. As a result of the disciplined strategic pre-planning of the realm by the authorities, it has emerged as an up market location for residential property in Pune.

Being near, proximity to variety of IT parks, IT skilled are eyeing this space as wealth. It’s a confluence purpose for the previous NH4 and also the new Mumbai-Pune Expressway.

Strategically nestled and superior infrastructure are different factors fostering the expansion of the realm. Balewadi is additionally poised to develop as a mini instructional hub within the returning years. Schools like Bharati Vidyapeeth, Moze s engineering faculty, NICMAR, National Insurance Academy, MITCON are based mostly in Balewadi with few others within the pipeline.

Balewadi is well-connected to any or all components of Pune and extremely near the Pune-Mumbai Expressway. All basic wants like supermarkets, schools, faculties and hospitals are simply around the corner. This space is surrounded by lush greenery that creates it a most popular place for nature lovers. Excluding this, the property costs in Balewadi also are cheap as compared to the opposite areas nearby.

The road right from the University circle to Sus Gaon road is great and wide. The footpaths on the aspect of the road and dividers facilitate to manage the traffic and this helps in decongestion of traffic additionally as enhances the wonder of the road. Benches on the perimeters of the road build life straightforward for pedestrians and senior citizens who prefer to rest in-between their long walks. The electricity offer and abundant ground water add worth to the current space.

Its proximity to Baner, that has already become a preferred destination in Pune which works to its advantage. The residents of Balewadi stand to induce access to any or all the developments and infrastructure of Baner. Several outstanding developers have conjointly return up with their property in Pune.

Speaking concerning factors fostering the event of Balewadi Bhandari concludes, there are numerous reasons that are answerable for the expansion of the realm. The Commonwealth Youth Games has ensured wide roads, regular bus services, street lights and cleaner surroundings. Proximity to the Expressway has created Balewadi an entry purpose from Mumbai. With quite fifty thousand software professionals operating in Hinjewadi s IT Park, its proximity has created Balewadi the most effective place to remain.

About the Author: PropTiger is an independent real estate advisor with a pan-India presence. We aspire to be your first port of call if you want to buy a Property in Pune. Visit –

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