Shaniwar Peth is one of the oldest area in Pune, located near centre of the city. Areas such as Ganeshwadi, Deccan Gymkhana, Joshi Wada, Nagnath Par, Mandai, Budhwar Peth, Kasba Peth, Juna Bazar and Gaothan are its neighboring localities. It comes under the jurisdiction of Pune Municipal Corporation (PMC). The historic Shaniwar Wada is situated in Shaniwar Peth. Mutha River is also passing through the locality. P.M.C Bhavan Bridge and Balgandharva Bridge are two main bridge which connect to areas like Goathan and Shivajinagar. Ganeshwadi, Deccan Gymkhana, Raviwar Peth, Budhwar Peth, PMC Colony, Shivajinagar, Navi Peth, Erandwane, Vijaynagar, Swargate are some of the prominent localities situated close to Shaniwar Peth. It has direct access to major parts of the city via Shivaji Road. It has close proximity to some famous IT Parks of Pune such as Koregaon IT Park, Magarpatta IT Park, Kalyani Nagar IT Park, Kharadi IT Park and Viman Nagar IT Park. Some of the key residential projects in Shaniwar Peth are Devi Heights, Ameeta Apartments, Vrundavan CHS, Pate Sampada, Laxmi Apartments, Narayan Niwas among others.
Connectivity
Shaniwar Peth is surrounded by NC Kelkar Road, PMC Vidyalaya Road, Bajirao Road, Shivaji Road and Congress House Road. Shivaji Road is the main road which further connects Shaniwar Peth to Mumbai Highway.
It enjoys excellent connectivity to Pune International Airport which is located at a driving distance of 16.6 kms via Pune Nagar Road/Samrat Ashok Road.
Shivajinagar, Khadki, Akurdi, and Pune Junction are the nearby railway stations. However, Shivajinagar Railway Station is the nearest station to Shaniwar Peth which is located at a driving distance of 2 kms via Jangali Maharaj Road.
Factors for past growth
Proximity to Pune International Airport along with major IT Parks such as Koregaon, Magarpatta, Kalyani Nagar, Kharadi and Viman Nagar IT Parks have been a plus point for Shaniwar Peth. A fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace. Thus, driving residential demand and consistent rental yield. As a result, 2 BHK flats for rent have get momentum in Shaniwar Peth.
Smooth connectivity, nearness to Deccan Gymkhana and Ganeshwadi and excellent infrastructure are the prime factors that have resulted in the development of residential properties in Shaniwar Peth.
The presence of Banks, ATM’s, Schools, Hospitals and retail stores etc. in the locality makes Shaniwar Peth a self-sustained locality. People who work in the nearby IT Parks prefer this locality for their residence.
Infrastructural Development (Social & Physical)
Shaniwar Peth houses some quality schools in its vicinity. Some of them are Ahilyadevi High Schools for Girls, Navin Marathi Schools, Creations The Huzurpaga Girls High School and Junior College etc.
Health Care facility is also good in the locality. Some of the renowned hospitals providing health care facility to the residents of Shaniwar Peth are Gandhi Accident and General Hospital, Homeopathic Hospitals, Surya Sahyadri Hospital and Regional Mental Hospital.
R Deccan Mall, Pune Central Mall, Nucleus Mall, SGS Mall and The Pavillion are the malls located in and around Shaniwar Peth to serve the daily needs of the residents.