2014-02-21 13:20:41 - Balewadi has opened up as a suburb of choice for new homes buyers in the wake of recent announcements in the recently-drafted development plan by the PMC.
As per the latest reservation strategy for the Baner - Balewadi Development Plan (DP), 166 hectares of land was approved to be converted into a residential zone, thus opening up a host of possibilities for new development. This has resulted in quite a few the city’s prominent realty developers to focus their energies on the Balewadi belt.
The suburb offers plenty of natural leverage on account of its location and topography to suit the changing needs of Pune’s cosmopolitan crowd. Balewadi’s proximity to the IT hubs of Baner, Aundh and Hinjewadi makes it a preferred destination for IT professionals who work in the companies situated in the belt. The networking advantage is sealed by the Mumbai – Pune Expressway, which lies
in the very backyard of this pro-green area; this crucial link acts as a vehicular bridge that connects the entire industrial and demographical corridor between the two cities. For those who shuttle between Mumbai and Pune for work, Balewadi, for years, has continues to serve as the ideal middle ground.
With other social factors such as the presence of Balewadi Sports Complex and the Balewadi Stadium, residents here have plenty of recreational options available at their behest. It’s little surprise that some of Pune’s most popular micro projects and townships with 1, 2 and 3 BHK flats are coming up in this area. Most of the new home owners here belong to the 25 to 40 year age band, signifying a demographic of young families. The apartments in Balewadi are embracing eco housing project models, with the wide panorama of infotainment and recreational facilities in the area are a perfect foil to support the ideal development of Pune’s new gen. These new projects in Pune are paving the way for an empowered tomorrow!
One of the city’s renowned real estate developer, Kool Homes, is proud to announce the launch of 2 BHK and 3 BHK flats in Balewadi at Arena, its latest project in the area.