Balewadi Gaon, Pune

WeWork has leased approximately 2 lakh sq ft of commercial office space in the Phoenix Millennium Tower-3 building in Pune's Wakad area for a total rent exceeding ₹161 crore. The lease spans multiple floors with varying terms, indicating continued demand for office spaces in Pune's commercial hubs. This expansion is likely to support job growth and economic activity in the region.

Pune Municipal Corporation has decided to appoint a contractor to construct the 200-meter incomplete stretch of the Baner-Pashan link road. This crucial road connects Baner, Balewadi, and Pashan, benefiting approximately 2.5 lakh people. The project, sanctioned in 1992, faced delays due to land acquisition issues. The PMC has deposited Rs 25 crore for land acquisition.

The 23-km Hinjewadi-Shivajinagar Metro corridor is nearing completion, with the first 11-km stretch expected to become operational in May 2026 and the remaining 12-km section in July 2026. This phased launch is due to ongoing work at several stations and safety approvals. The project,aims to improve connectivity between Pune's IT hub and the city center.

Several infrastructure projects in and around Pune are progressing towards completion. One of the two new river bridges on the Mutha River at Warje on the Mumbai-Bengaluru Bypass is complete ,awaiting final testing, Balewadi-Kaspate Wasti bridge over the Mula-Mutha river, is expected to complete in an year. Pune University Square flyover is targeted for completion in 2026 ,easing traffic to Shivajinagar, Aundh, Baner, and Pashan.