Baner / Balewadi is a prime-tier Pune submarket with average asking rent around ₹168/sqft/mo · ≈ $24.2 PSF/yr USD.

  • Average asking rent: ₹168/sqft/mo · ≈ $24.2 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ₹170/sqft/mo · ≈ $24.5 PSF/yr USD ($24 USD).
  • Citywide vacancy: 11.4% — submarket-level availability is typically tighter at prime tier.

Baner / Balewadi, Pune office rents and availability

Baner / Balewadi is a prime-tier Pune submarket with average asking rent around ₹168/sqft/mo · ≈ $24.2 PSF/yr USD.

TL;DR

  • Average asking rent: ₹168/sqft/mo · ≈ $24.2 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ₹170/sqft/mo · ≈ $24.5 PSF/yr USD ($24 USD).
  • Citywide vacancy: 11.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Baner / Balewadi averages around ₹168/sqft/mo · ≈ $24.2 PSF/yr USD for Class A, against a citywide Class A index of 170. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Western post-2010 mixed-use Class A. IT, professional services, corporate HQs, healthcare.

Key facts

cityPune
submarketBaner / Balewadi
tierprime
averageRentLocal₹168/sqft/mo · ≈ $24.2 PSF/yr USD
cityClassARentUsd$24/sqft/yr
cityVacancyPct11.4%

Frequently asked questions

What is the average Class A rent in Baner / Balewadi, Pune?
Around ₹168/sqft/mo · ≈ $24.2 PSF/yr USD. The citywide Class A index sits at ₹170/sqft/mo · ≈ $24.5 PSF/yr USD.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics