Balaji Niwas is a budget-friendly homestay located near Myra Point in Matheran. Guests appreciated the delicious homemade food served by the friendly and helpful owner and caretaker. The property offers clean and hygienic rooms, though some guests found them to be small. The location is peaceful and safe, with a beautiful viewpoint nearby. Horse riding is also available. However, some guests faced issues with the water supply and maintenance of the rooms. Overall, Balaji Niwas is a good option for those looking for an affordable stay with a local touch.