The Balmoral Towers, Balewadi
by Kasturi Spaces Private Limited. Balewadi, Pune 411045. View on Google Maps
- Launched
- First of 4 phases
- Possession dates (MahaRERA)
- Dec 2028 – Dec 2030varies by phaseNo phase has an extended possession date
- Concrete structure (RCC)
- 45%Mid-construction1 of 4 phases with structure completeWeighted across 4 phases
- Units booked
- 153 of 27655% booked · 2 phases not reported
- Price per sq ft
- ₹18,0002026 salesup 7% on 2025See what buyers paid
Facts
Project facts
| 2 BHK | 24 |
|---|---|
| 3 BHK | 245 |
| 4 BHK | 253 |
| 5+ BHK | 8 |
| Total units | 576 |
| Buildings | 4 |
| Land | 5.4 acres |
| Phases | 4 |
Shortlist 2 or more to compare side by side.
Prices
What buyers paid here
From government sale recordsWhat buyers paid in registered sales, not today's asking price. Use it to compare projects, then ask the builder for the current rate.
Flat types, sizes and prices
| Flat type | Size (total internal area) | What most buyers paid | Year |
|---|---|---|---|
| 3 BHK | about 1,030 – 1,240 sq ft | ₹1.91 – 2.31 crore | 2026 sales |
Price per sq ft, year by year
| 2024 | ₹16,500 per sq ft |
|---|---|
| 2025up 2% on 2024 | ₹16,800 per sq ft |
| 2026up 7% on 2025 | ₹18,000 per sq ft |
Registered sales across all 4 phases.
Compared with the typical Balewadi rate in 2026: about 20% higher
How to read this price
- 80% of registered sales that year were at this rate or less.
- Size is total internal area: carpet + balcony + terrace.
- Higher floors, corner flats and open views usually cost more; lower floors and road-facing flats often less.
- The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.
- Fewer sales means a less certain figure.
- Use it as a starting point for questions, not as an offer price.
Phases
The 4 phases
| Phase | MahaRERA no. | Flats | Possession | Structure | Booked |
|---|---|---|---|---|---|
| The Balmoral Towers - Tower C, Phase II Mid-construction | P52100047008 | 138 | 40% | 76% | |
| The Balmoral Towers - Tower D, Phase I Mid-construction | P52100047009 | 138 | 32% | 35% | |
| The Balmoral Towers - Tower B, Phase III Early stage | P52100077258 | 116 | 0% | Not reported | |
| The Balmoral Towers - Tower A, Phase IV Nearing possession | PR1260002600483 | 138 | 100% | Not reported |
Show updates by phase
The Balmoral Towers - Tower C, Phase II (P52100047008)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 40% | 0% | 105 | |
| 100% | 40% | 0% | 24 |
"—" means MahaRERA shows no figure for that update.
The Balmoral Towers - Tower D, Phase I (P52100047009)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 32% | 0% | 48 | |
| 100% | 32% | 0% | 18 |
"—" means MahaRERA shows no figure for that update.
The Balmoral Towers - Tower B, Phase III (P52100077258)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 0% | 0% | — |
"—" means MahaRERA shows no figure for that update.
The Balmoral Towers - Tower A, Phase IV (PR1260002600483)
| Update | Excavation | Structure (RCC) | Final finishes | Units booked |
|---|---|---|---|---|
| 100% | 100% | 0% | — |
"—" means MahaRERA shows no figure for that update.
Compare
Compared with 6 similar projects in PIN 411045
Projects with 250–1,100 flats, launched within 6 months of this one.
| Measure | This project | Similar projects |
|---|---|---|
| Promised timeline (launch to possession) | 5 yrs 10 mths | 5 yrs 1 mth |
| Possession date extended | No | 1 of 6 |
| Possession date (MahaRERA) | Dec 2028 – Dec 2030 | March 2028 |
| Concrete structure (RCC) | 45% | 58% |
| Units booked | 55% | 65% |
| MahaRERA complaints (filed by or against the builder) | 4 | 0 |
"Similar projects" shows the typical (middle) value. Other phases of this project are not included.
| Project | Launched | Possession date (MahaRERA) | Concrete structure (RCC) | Units booked |
|---|---|---|---|---|
| The Ornate | August 2022 | December 2029 | 45% | 188 of 311 booked (60%) |
| 27 Grand Residences | July 2022 | Dec 2027 | 95% | 211 of 271 booked (78%) |
| Kumar Parth | December 2022 | Dec 2027 – May 2030 | 70% | 411 of 558 booked (74%) |
| The Midas Residences | June 2022 | Jun 2028 – Jun 2030 | 0% | 224 of 360 booked (62%) |
| The Balmoral Riverside | December 2022 | Dec 2028 | 46% | 22 of 138 booked (16%) |
| Kalpataru Jade Skyline | March 2022 | December 2026 | 74% | 315 of 465 booked (68%) |
How to read construction stages
- Early stage
- The concrete structure (RCC) has not started yet.
- Mid-construction
- The concrete structure (RCC) is being built.
- Nearing possession
- The concrete structure (RCC) is complete and final finishes are below 90%.
- Ready to move
- MahaRERA shows the project Completed, or the concrete structure (RCC) is complete and final finishes are 90% or more.
- Concrete structure (RCC)
- The reinforced-concrete frame of the building: columns, beams and slabs.
- Final finishes
- Lifts, services, common areas and other works needed before handover, not the finishes inside each flat.
- Lapsed
- MahaRERA status when the possession date has passed with no extension or completion filed; it does not by itself mean work has stopped.
About this project
The Balmoral Towers is a project by Kasturi Spaces Private Limited in Balewadi, Pune 411045, registered with MahaRERA as 4 phases (P52100047008, P52100047009, P52100077258, PR1260002600483). The first phase was launched in September 2022. Together the phases have 576 units in 4 buildings, with 2, 3, 4 & 5+ BHK homes as registered with MahaRERA. All 4 phases are active on MahaRERA.
The phases' registered possession dates run from December 2028 to December 2030; no phase has an extended possession date. Across all phases, weighted by flats, the concrete structure (RCC) is 45% complete and final finishes 0% complete. 1 of the 4 phases have their structure complete.
153 of the 276 units reported for sale are booked (55%); 2 phases have not reported bookings. In 2026 registered sales, 80% of flats here sold at ₹18,000 per sq ft or less (up 7% on 2025), counting balconies and terrace in the size. Buyers here paid a rate about 20% higher than the typical Balewadi rate in 2026. Most buyers paid ₹1.91–2.31 crore for 3 BHK flats of about 1,030–1,240 sq ft (2026 sales). The registered price includes parking and floor-rise; GST, stamp duty and registration are extra.