


Project Overview
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Balmoral Riverside is a residential project in Balewadi, Pune by Kasturi Housing. It is spread over 5 acres with 4 towers and offers 3 & 4.5 BHK starting at ₹2.9 Cr. Possession is expected Dec 2028. RERA registration number P52100052022.
- Property Type
- Residential Project
- Possession
- Dec 2028
- Total Units
- 600units
- Furnishing
- Luxury Finish
- Total Floors
- 37floors
- Towers
- 4towers
- Land Area
- 5acres
Available Configurations
2 configurations₹2.9 Cr to ₹3.9 Cr
3 BHK
Best Value- Carpet Area
- 1,377sq ft
- Price
- 2.9Cr
4.5 BHK
Spacious- Carpet Area
- 1,831sq ft
- Price
- 3.9Cr
About Balmoral Riverside
Steeped in luxury and adorned with a serene river view, soak in the experience of riverside living in these chic residences at The Balmoral Riverside, Balewadi.
An exclusive offering by Kasturi, The Balmoral Riverside presents a life less ordinary in one of Pune’s most sought-after locations. Living and Dining Handpicked Italian botticino marble flooring in living, dining area and passages. Lighting and curtain control automation enabled homes. Kitchen Imported high quality modular kitchens fully fitted with built-in appliances like microwave, oven, dishwasher etc. Bathroom Luxurious bathrooms with best-in-class imported fittings
- Architecture & Design
Design Excellence
We selected Balmoral Riverside for its prime riverside location, which offers serene living while maintaining proximity to urban conveniences.
- Location Strength
Location Strength
The commitment to luxury and high-quality finishes aligns with our portfolio's focus on exceptional living experiences.
- Developer Trust
Developer Credibility
The integration of modern technologies and premium amenities enhances the lifestyle offerings for prospective residents.
- Long-term Value
Long-Term Relevance
The strong community vibe and established infrastructure in Balewadi create an inviting environment for families and professionals alike.
Curator's Approach to Luxury — We select projects based on architectural design excellence, location strength, developer reliability, and long-term relevance. Every property listed is already handpicked to ensure enduring value. Curation notes are synthesized using dynamic data models and AI to assist your overview; outputs are for guidance and reference only.
Other Information
- Kitchen
Modular
- Air Conditioning
Yes
- False Ceiling
Yes
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Location Insights
AIAbout Balewadi
Balewadi, located in the western part of Pune, has emerged as one of the most sought-after residential neighborhoods, particularly for families and professionals. The area is characterized by a blend of modern living and serene surroundings, making it an attractive option for homebuyers looking for a balanced lifestyle. The presence of upscale residential projects, like Balmoral Riverside, highlights the area’s appeal to those seeking luxury and comfort. Connectivity is a significant advantage in Balewadi. The neighborhood is well-served by major roads, including the Pune-Bangalore Highway and the Mumbai-Pune Expressway, ensuring smooth access to both the city center and other key locations. Public transport options are readily available, enhancing the area's accessibility for daily commuters. When it comes to amenities, Balewadi boasts an impressive array of facilities within a 10-kilometer radius. There are seven hospitals offering quality healthcare, 15 schools catering to various curricula, and four shopping malls providing diverse retail and entertainment options. This abundance of amenities ensures that residents have everything they need for a convenient lifestyle right at their doorstep. With ongoing infrastructure developments and the establishment of IT parks nearby, Balewadi is poised for significant growth in the coming years. The rising demand for residential properties, coupled with the influx of professionals, is indicative of the area's potential for appreciation in property values. Balewadi also offers a vibrant local culture, with community events and recreational spaces that foster a sense of belonging among residents. For those looking for a sustainable, family-friendly environment with excellent amenities and connectivity, Balewadi represents a compelling choice for residential investment.
AI-powered insights are data-driven. Market conditions may vary.
Frequently Asked Questions
What configurations are available in Balmoral Riverside in Balewadi?
Balmoral Riverside in Balewadi, Pune offers premium 3 & 4.5 BHK configurations. The apartments are meticulously designed with modern layouts, efficient space utilization, and premium finishes.
Is Balmoral Riverside a luxury residential project?
Yes, Balmoral Riverside is a high-end luxury residential project in Balewadi, Pune. It features premium luxury flats, high-quality finishes, and world-class amenities catering to an elite, luxury lifestyle.
Who is the builder of Balmoral Riverside Balewadi, and what is its RERA number?
Balmoral Riverside is a project by Kasturi Housing in Balewadi, Pune. The RERA registration number is P52100052022.
What is the price of luxury flats in Balmoral Riverside Balewadi?
The price for luxury flats in Balmoral Riverside in Balewadi, Pune starts from ₹2.90 Cr - ₹3.90 Cr. For detailed pricing, payment plans, and brochures, please connect with 3 Works.
Quality Metrics
Air Quality
Environmental air quality index
- Great
Green Coverage
Green space percentage
- Great
Social Index
Social Infra Score
- Great
Gallery
5 photosAmenities & Facilities
26 amenitiesDownloads
Calculators
- Principal
- ₹2.32Cr
- Interest
- ₹2.51Cr
- Total Amount Payable
- ₹4.83Cr
*EMI calculation is indicative. Actual values may vary based on lender terms.
- Gross Annual Rent
- ₹6.00L
- Net Annual Rent
- ₹4.49L
- Maintenance Cost
- ₹6,000
- Property Tax
- ₹1.45L
- Total ROI (Yield + Appreciation)
- 7.55%
vs. Average Pune Yield: 2.5-3.5%
*Rental yield calculation is indicative. Actual values may vary based on market conditions and property specifics.
NRI Investment Guide
NRI Eligibility
- NRIs and PIOs can purchase residential and commercial properties in India
- Agricultural land, plantation property, and farmhouses require RBI approval
- No restriction on number of properties you can own
- Foreign citizens of Indian origin (except Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, Bhutan) are eligible
Home Loan Options
- Loan up to 80% of property value (₹75L-₹5Cr)
- Tenure: 5-30 years (max age at maturity: 70-75 years)
- Interest rates: 8.75% - 10.75% p.a. (2024-25 rates)
- Processing fee: 0.25% - 1% of loan amount
- Documents: Passport, visa, employment proof, 6-month bank statements, PAN card
- Repayment through NRE/NRO/FCNR accounts
Tax Benefits & Implications
- Home loan interest: Up to ₹2L deduction (Section 24b) + ₹1.5L extra (Section 80EEA for first-time buyers)
- Principal repayment: Up to ₹1.5L deduction under Section 80C
- Capital gains: LTCG 12.5% after 2 years (no indexation from FY 2024-25)
- TDS on sale: 20% for properties over ₹50L (file return to claim excess)
- Rental income: Taxable as per slabs; 30% standard deduction allowed
- DTAA benefits available with 100+ countries to avoid double taxation
Repatriation Benefits
- Sale proceeds from 2 residential properties can be repatriated
- Maximum limit: USD 1 million per financial year
- Rental income fully repatriable (after tax)
- No limit on bringing money into India for property purchase
- RBI approval not required for repatriation of sale proceeds
- Funds must be routed through NRE/NRO accounts
Investment Potential
- Pune: Average rental yield of 2.5-3.5% per annum
- Capital appreciation: 5-8% annually (varies by location)
- Property management services available for remote owners
- High demand for quality rental properties in metro cities
- Tax-efficient investment with multiple deductions available
Disclaimer: This information is for general guidance & indicative only and should not be considered as legal, tax, or financial advice. Rates, rules, and tax laws are subject to change. Interest rates, loan terms, and tax benefits vary by lender and individual circumstances. Please consult with qualified tax advisors, legal experts, and financial institutions for personalized advice before making any investment decisions.
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Developer Profile
Kasturi Housing20+ Years | 5+ Mn sqftWith Kasturi, you get a home that is a pure work of art, fuelled by passion, driven by vision. A passion to relentlessly better the best. A responsibility to go the extra mile. To give more that we commit. With a portfolio that spans across 2 decades, Kasturi Housing has successfully delivered homes to over 4000 families and developed over 5 million square feet of exclusive living spaces. At Kasturi every home is a labour of love, a pursuit of perfection, a space meticulously curated with handpicked elements to offer an unparalleled living experience; in a word, a masterpiece. Over the past 25 years, Kasturi has carefully curated its brand identity and philosophy to be centred towards offering the most unique and groundbreaking real estate experiences. Kasturi has delivered over 4000 homes across the city and are market leaders in terms of quality and price in every micro market they have developed in. Kasturi projects boast highest rental and capital values and are widely regarded as benchmarks for luxury and quality developments. Often deemed as one of the finest luxury real estate brand in Pune, Kasturi Housing is a name that promises nothing but the very best. Founded in 1999, has since successfully delivered over 3 million square feet of prime real estate, and is currently developing another 5 million square feet for residential purposes. Our portfolio comprises of not only highly luxurious and mid-segment living spaces, but also commercial developments such as IT buildings and built-to-suit workspaces. Our landmark projects include THE BALMORAL ESTATE Tucked amidst the swanky and urbane location of Baner, Pune, The balmoral estate is a collection of high end luxury residences that now command the highest rate in western pune and also the highest rent per square feet in Pune. ZERO-ONE Home to Pune’s passport office, leading IT companies, and select F&B outlets – Zero-one is the one-stop destination that allows you to enjoy the benefits of an exclusive commercial & IT zone. APOSTROPHE A mid-segment residential development in Wakad, Pune, Apostrophe is well-known for the absolutely futuristic and international lifestyle it provides. Decked with superior detailing and high-quality finishes, Apostrophe is pristine in every way. EON HOMES Absolute Best in Hinjawadi, Now Awarded India’s Best. Set on a verdant 22 acres Campus at one of the most scenic locations in Hinjawadi, Phase III. This is a well planned community of 12 Towers, with spacious and contemporarily designed apartments on each floor. Sustainable development and manufacturing practice has always been at the heart of our work. We at Kasturi stand as outliers and take extraordinary measures to balance the scales by taking a number of steps to help minimise the harm that is caused to the environment due to construction activities. Most of the manufactured products that we use in our buildings, like wiring, plumbing, fittings, doors, flooring materials etc. are all imported from EU countries which adhere to strict EU environmental norms with some of the best sustainability and environmental standards. The pre-fabricated doors that come standard in all our apartments are FSC and BIS certified, and contain wood responsibly sourced from forests with adherence to strict environmental, social and economic standards. Even electronic products like A/C, lifts and lighting that we use all have the highest energy ratings. We also use fly-ash bricks which have a much lower carbon footprint than regular clay bricks. We design a structure on the assumption that it will stand for at least a 100 years. To make our projects sustainable for their entire lifespan, they are designed with rainwater harvesting, solar water heating technologies, efficient garbage processing and disposal, and state of the art sewage treatment plants. Architecturally speaking, we ensure our spaces are designed with emphasis on utility of natural light and ample cross ventilation thereby reducing energy consumption. Our use of special UV reflective glass in all our projects also reduces cooling requirements in the long term. We at Kasturi have also put in place mindful construction practices. These include controlled water usage during construction and strict monitoring of noise & air pollution. Even the debris from construction and packaging waste are disposed off in adherence to government norms.
Last updated 25 Aug 2026





