Why Balewadi, is the top locations to buy real estate in Pune in 2021?

Pune, also known as the “cultural centre of India,” is gradually resuming its previous rate of growth and advancement. Whereas COVID-19 paralysed the whole economy, Pune’s real estate market also came to a halt for over a year.

This unanticipated speed breaker proved to be a bad omen for the real estate market but a blessing in disguise for the wildlife. However, what companies throughout the country are looking forward to is improved growth as a result of the government’s instructions.

Specially Balewadi, a Pune residential neighbourhood situated in the city’s Western Suburban Highway. This neighbourhood is a favourite among many since it is spread out among hills, has a contemporary municipal infrastructure, and has infinite opportunities for expansion on all sides. Choosing the right location, on the other hand, is not only dependent on a good project or an offer. The best spot to buy a house in Pune is determined by your motivation, preferences, and financial resources.

Consider these points before investing in Balewadi

  • Balewadi is a north western Pune neighbourhood on the edge of the city. It is the home to the Shiv Chhatrapati Sports Complex, often known as the Balewadi Sports Complex.
  • Balewadi is well-known for the Shree Shiv Chhatrapati Sports Complex, which hosted the National Games in 1994 as well as the Commonwealth Youth Games in 2008. The facility also hosted the second edition of the Khelo India Youth Games, which began on January 9, 2019.
  • Balewadi is conveniently located near Baner, Wakad, Aundh, and the Mumbai-Expressway. Balewadi’s primary hospitals include Pearly White Dental Clinic, Apex Eye Care Clinic, and Lifeline Hospital. Balewadi’s high street is well-known for its bars, restaurants, and nightlife. Furthermore, there is a lot of vegetation in the area.

Pune has experienced nothing but progress since the inauguration of the Rajiv Gandhi Infotech Park on the eve of the millennium.

The Real Estate Industry was one of the first to see rapid expansion following the establishment of the IT centre. Pune as a city continued to develop, and real estate businesses played a significant role in ensuring that there was enough room for everyone. And, now that the whole city has absorbed a relentless rush of life of its own, some previously ignored sections of the metropolis are rapidly expanding.

As additional housing projects hit the market, several areas continue to attract a lot of attention from potential house buyers. Several locations in Pune have seen continuous growth such as Balewadi, Kothrud. The number of client queries as developers provide cheap, upper-medium, and high-end developments, along with attractive deals to entice buyers.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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