Is Balewadi Highstreet the new most posh location to stay in Pune?

The IT industry boom transformed Pune from a sleepy, laid back pensioner’s paradise into a thriving metropolis. The influx of professionally skilled workforce bought along with it a major change in the social structure of the city. Whereas earlier, only Koregaon Park enjoyed the status of being a posh locality, with premium shopping, fine dine restaurants, high brand retail outlets etc. the increase in population resulted in an a huge growth of the city with the limits stretched to areas that were previously on its outskirts. One such area that has seen a huge jump in its land appreciation has been Baner. The location of Baner, near the IT hub of Hinjewadi, its easy connectivity to the Mumbai Pune expressway and its proximity to Pune’s central business districts has meant that properties in Baner have witnessed a monumental rise in their value appreciation. 

Why Balewadi Highstreet: Balewadi Highstreet is a vast land scape in the heart of Baner that has been specifically designed to accommodate commercial projects as well as business parks that meet all the needs of the upwardly mobile, professionally skilled workforce employed in the nearby areas of Hinjewadi, Balewadi, Wakad, Sus etc. 

Aesthetically planned hub: Beautifully planned as per international standards, no stone has been left unturned to make it appealing to gen next millennials, young professionals as well as families. In contrast to less than satisfactory road conditions and parking woes in other commercial areas of Pune, parking Baner has well planned roads, lots of parking space and lesser traffic congestion that make it a convenient place to go shopping or dining. 

Commercial hub: Balewadi Highstreet boasts of top class lifestyle and entertainment outlets including high end retail destinations, recreational spots like restaurants, pubs, bars, cafes, etc. including Arthur’s Theme, La Pizzeria, Starbucks Coffee and McDonald’s, Subway, Gong, The Urban Foundry, Incognito Marrakesh and many more. Balewadi Highstreet offers multiple shopping avenues, top class Salon & Spa, Banks and ATMs for avid shoppers. 

Techno hub: In addition to the commercial hub, Balewadi Highstreet has attracted various businesses, IT industries and corporates due to its impressively planned infrastructure and premises. Cummins Tech Park, Seasons Business Square as well as Panchashil Business Park provide ample business opportunities for the commercial sector. 

Connectivity: Situated in Baner, Balewadi High Street is not just well connected to the surrounding areas of Wakad, Baner, Aundh, Pashan, Sus, Pimple Saudagar, and Hinjewadi, its proximity to the Mumbai Pune Expressway also makes it an attractive property investment location.  Plus, it is at a fairly easy commutable distance from the central business and residential areas of Pune. 

Property appreciation: With Baner offering the location advantage, connectivity, premium lifestyle options as well as the completion of Hinjewadi Phase 3, commercial and residential properties will see an appreciative rise in value. So if you own flats in Baner Balewadi, there is a fair chance that property prices can go up by almost 10-15 % in a year. 

So if you are in the market for a property in Baner, look no further than Park Grandeur by Pride Purple Properties. Located in the premium location of Balewadi, park Grandeur offers super luxurious 3 and 4 RLK residences, with a plethora of first class amenities, situated across 3 grand towers.

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