Balapur is located towards the south of Hyderabad and falls under the Greater Hyderabad Municipal Corporation. It is known for the Vinayak Chaviti celebrations it hosts every year. The Rajiv Gandhi International Airport is 14.4 kilometres from here along the Airport Approach Road, while the Hyderabad Deccan Railway Station is 15.2 kilometres away along the Inner Ring Road. Some of the areas near to Balapur are LB Nagar, Shamshabad, Saroor Nagar, Nadergul, Malakpet and Auto Nagar

Thanks to its proximity to the newly built airport, Balapur real estate is much popular with home seekers and investors. Developers such as Mahalaxmi Infra, Namishree and Pride India have under-construction property in Balapur. Plots and villas are offered here that measure between 860 and 4,500 sq ft. They are of 2, 3, 4, 5 and 6BHK layout. The starting price of plots in Balapur is Rs 389 per sq ft, charged by Mahalaxmi Infra, while the maximum Balapur property price is Rs 3,750 per sq ft. The area has 16 plot and 33 villa projects.

Popular schools in Balapur are Mound Carmel Global School, Satyam International School and Pudami School. Hospitals in the vicinity include OMSAI Hospitals, Pushpa Maternity Home and Ashok Kumar Clinic.