Balewadi lies between Baner and Hinjewadi on the Baner-Balewadi corridor. Most of its homes are post-2012 towers in gated projects, and the Shiv Chhatrapati Sports Complex gives the area a large public ground and an identity.
Balewadi High Street is the draw after work: restaurants, microbreweries and retail along a single road. The area is also on the planned alignment of the Hinjewadi to Shivajinagar metro, which would add a rail option to a locality that currently depends on the road.
Suits
Young professionals who want a social neighbourhood
Buyers who prefer new gated communities
Sports and fitness-minded families
Investors looking at west-corridor rentals
Measured from homes listed here
Metro stationBalewadi Stadium Metro Station1 km
Railway station2.3 km
IT hubbalewadi IT Park4.6 km
Highway1.9 km
AirportPune Airport (PNQ)14.2 km
Schools within 2 kmClosest: Orchid International School4
Malls within 2 km1 mall
Air quality indexSatisfactory, 12-month modelled average93
Why live in Balewadi
An honest look at what residents like, and what to weigh before you buy.
What’s great
+Close to both Baner and the Hinjewadi offices
+Balewadi High Street for dining and retail
+Large sports complex for training and events
+Newer projects with amenities such as clubhouses and pools
+Metro line planned through the area
What’s concerning
−Weekend traffic around High Street is heavy
−Limited public schools and hospitals inside the locality, so you rely on Baner
−Noise from late-night venues near the strip
What’s around Balewadi
Schools, transit, healthcare and essentials nearby, and travel times to Pune’s main business hubs.
Pins are approximate. Distances are straight-line from the centre of Balewadi; the road distance is usually 20 to 40% longer.
Travel time from Balewadi to Pune’s main hubs
Typical door-to-door minutes at a busy hour. Metro and train times exclude the first and last stretch.
Hinjewadi IT Parkby road, 10 km30 min
Shivajinagarby road, 11 km35 min
Pune Railway Stationby road, 14 km45 min
Pune Airportby road, 20 km60 min
Kharadiby road, 23 km65 min
Price insights for Balewadi
Price trend, where asking prices sit, rent and rental supply, each with the basis behind it.
Average sale price
₹14,973per sq ft, carpet areaMedian of 17 residential homes listed now.
Average monthly rent
₹43.5per sq ft, carpet areaResearched from 9 rental comparables, August 2026.
Gross rental yield, estimated
3.49%a yearIn the middle half of Pune localities.
Where homes ask
The middle half of 17 residential listings.
Median ₹14,973₹14,371₹15,385
The shaded band is where the middle half of homes ask. The dashed line is the typical Pune locality, ₹13,182.
Listings by type
What is listed in Balewadi right now.
2 BHK6
3 BHK5
4 BHK4
Office Space2
Duplex2
Possession
Ready homes rent out now; others are still being built.
Under construction19
Balewadi among 13 Pune localities with a published yield
2.31% lowest4.86% highest
How these figures are worked out
Yield is yearly rent divided by asking price for each home, on carpet area for both; the figure shown is the median of 17 homes. It is gross: before maintenance, property tax, vacancy and stamp duty. Portals often quote built-up area, so their per sq ft prices run lower than ours for the same home.
Towers set back from the strip are quiet; those facing it hear music and traffic late on weekends. Ask which side the flat faces and visit on a Saturday night.
Balewadi is usually a little cheaper per sq ft than Baner for similar new projects, with fewer established schools and hospitals inside the locality.
There are several CBSE and ICSE options within a short drive towards Baner and Aundh, but the choice inside Balewadi itself is thinner. Shortlist two schools before you book.
Yes, the Hinjewadi to Shivajinagar line is planned through the Balewadi stadium area, and reports suggested a November 2026 start. Treat the date as unconfirmed.
The typical asking price is ₹14,973 per sq ft of carpet area, the median of 17 residential homes on PropMatters. That is above the typical Pune locality (₹13,182). Portals often quote built-up area, so their per sq ft figure for the same home is lower.
Homes listed on PropMatters in Balewadi currently range from ₹1.14 crore to ₹6.00 crore. The spread reflects configuration, project stage and floor. The most common listings are 2 BHK, 3 BHK and 4 BHK.
A gross 3.49% a year, in the middle half of Pune. Gross means yearly rent over asking price, before maintenance, property tax, vacancy and stamp duty, so the figure you keep is lower. Rent is about ₹43.5 per sq ft a month.
Of 19 homes listed, 19 are under construction. 19 under construction. Ready homes can be rented out at once; under-construction ones usually cost less per sq ft but carry delivery risk, so check the RERA record.
Bavdhan (₹10,750 per sq ft), Hinjewadi (₹12,266 per sq ft) and Wakad (₹12,287 per sq ft) ask less than Balewadi's ₹14,973. Compare commute and social infrastructure, not price alone.
about 30 minutes to Hinjewadi IT Park by road and about 35 minutes to Shivajinagar by road, at a busy hour. Test the route at your own office hours before you commit.
Homes listed here are typically 1 km from a metro station, most often Balewadi Stadium Metro Station.
The air quality index averages 93, satisfactory, a 12-month modelled average rather than a street-level reading.
Guide researched November 2026 from Maha Metro, MMRDA and municipal announcements, Institution and operator websites, PropMatters listings and rental research. Travel times and distances are estimates; check the route at your own hours. Transport projects are shown as planned or under construction, never as certain dates.
