Balanagar is a Mandal in Mahbubnagar district, Telangana. It is located on the National Highway 44 between Hyderabad and Kurnool.

Balanagar is located at 16°58′00″N 78°10′00″E / 16.9667°N 78.1667°E / 16.9667; 78.1667. It has an average elevation of 561 meters (1843 feet).