Bel-Air Village is the third subdivision developed by Ayala. The development, which started in 1957, was undertaken in four phases. The Village boundaries are: Estrella Street, EDSA, Jupiter Street, Nicanor Garcia (Reposo) Street, Kalayaan Avenue, Amapola Street. The total land area of Bel-Air Village is 78.7242 hectares, of which 64.6748 hectares is subdivided into 950 residential lots.

All properties located in the open (not fenced in) perimeter roads have been converted to controlled commercial zones. Consequently, a height restriction of 12 meters for edifices constructed along Jupiter Street is allowed, compared to only nine meters for residential houses inside the village. The other perimeter roads converted to commercial zones retain the nine-meter height limitation.

The significant commercial streets are Jupiter, Makati Avenue, Nicanor Garcia, Estrella, and portions of Neptune/Buli, Orion and Polaris Streets. (While various commercial areas) restaurants are the predominant establishments along Bel-Air’s perimeter roads.

The village has two open space parks, one in Phase II, and the other in Phase III. The Association and Barangay offices are in the Phase III Park. The park in Phase II has an open air basketball court, playground equipment, and a pavilion. Phase III’s park contains a covered basketball court, playground equipment, health gym, conference pavilion, and an employees’ cooperative canteen.

It is in the Phase III Park where all the social affairs of the Barangay, including Community Day festivities, Bingo Socials, Valentine’s Dance, KST Program, Easter Egg Hunt, and Trick or Treat events, are held. A regular event in the Covered Court is the Saturday Anticipated Mass, Christmas Eve, and New Year’s Eve Masses. The conference pavilion has become the favorite of Makati City Hall for seminars.