He along with his nephew and young star Junior NTR had campaigned for TDP in 2009 elections but did not participate in the party activities.
Balakrishna's daughter Brahmani is married to Lokesh, son of Chandrababu Naidu.
His father NTR, a popular film actor, had formed TDP in 1982 and created record of sorts by coming to power within nine months.
NTR, who was unseated in a coup led by his son-in-law Chandrababu Naidu in August 1995, died five months later.