Insights Into Neighbourhood
Balewadi is a rapidly emerging area on the Western Corridor of Pune. It has become a prominent area for residential projects owing to many software professionals working in the nearby Hinjewadi Software Park and other Information Technology Companies/Park. Its proximity to Hinjewadi IT Park and the Mumbai-Pune expressway is a major reason for its steady growth. It also has good accessibility to the other locations of Pune through a strong road network. Other facilities like schools, colleges and hospitals are located in the vicinity, making daily life of its residents more convenient. Moze's Engineering College, National Insurance Academy, MITCON Institute of Management and National Institute of Construction Management and Research also exist here. Balewadi is home to the Shree Shiv Chatrapati Sports Complex, an important stadium in this vicinity that hosts various sporting events. The proposed launch of Panchseel's KP IT Park will contribute to be an additional market in terms of commercial real estate impetus in the locality. Strategic location and well developed infrastructure are the main factors fostering the ongoing growth of the area and establishing it as a preferred destination for property buyers.