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Shukrawar Peth, Pune

Pincode: 411002

Situated in: Central Pune

Shukrawar Peth Pune Location Map

58 Flats for Sale in Shukrawar Peth

13 Flats for Rent in Shukrawar Peth

State: Maharashtra

District: pune

Total Area: 1 km²

Population: 8000

Population Density: 8000

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About Shukrawar Peth, Pune

Shukrawar Peth is one of the oldest and most culturally significant areas located in the heart of Pune city, Maharashtra. Situated in the central part of Pune, the Shukrawar Peth PIN code is 411002, this historic locality is strategically positioned near prominent areas like Kasba Peth, Sadashiv Peth, and Narayan Peth, making it a prime location for residents and businesses alike.

The neighbourhood is predominantly inhabited by Maharashtrian families who have been living here for generations, along with a growing number of young professionals and students. The lifestyle in Shukrawar Peth Pune perfectly blends traditional Puneri culture with modern amenities. The area is known for its vibrant festive celebrations, traditional markets, and strong community bonds, creating a unique cultural tapestry that appeals to both old-time residents and newcomers.

Physical Infrastructure of Shukrawar Peth

Looking at the Shukrawar Peth map, the area boasts excellent connectivity through various transportation options. The locality is well-connected to major parts of the city through NH 65, providing seamless access to other regions of Maharashtra. The recent addition of the Mandai metro station, located within 0.7 km, has significantly enhanced public transportation accessibility for residents.

The Chatrapati Shivaji Maharaj Nagar Railway Station, situated within 3.3 km, offers convenient railway connectivity. The area is also served by multiple PMPML bus routes, making daily commuting hassle-free. Several flyovers and well-maintained internal roads contribute to smooth traffic flow, though some narrow lanes in the older parts require careful navigation during peak hours.

Social and Retail Infrastructure of Shukrawar Peth

The Shukrawar Peth infrastructure is comprehensive and well-established, catering to all essential needs of residents. Educational institutions include the prestigious Dr. Cyrus Poonawalla English Medium High School and Shri Shivaji Maratha High School, known for their academic excellence. For higher education, Smt. Susheela Bahudhani Jr College and the historic Sir Parashurambhau College offer quality programs.

Healthcare needs are well-served by renowned facilities like Jehangir Hospital and Surya Sahyadri Hospital, providing state-of-the-art medical services. For shopping and entertainment, Tara Mall is easily accessible, offering a premium retail experience. The area also hosts numerous traditional markets, modern retail outlets, and restaurants, making it a self-sufficient neighbourhood.

Real Estate Market Trends and Rental Demand in Shukrawar Peth

The Shukrawar Peth Property Rates have shown consistent appreciation over the years, reflecting the area's growing demand. Currently, the Shukrawar Peth Property Price averages around Rs. 11,016 per sq. ft for purchase, making it a premium real estate destination in Pune. The rental market is equally robust, with monthly rents ranging from Rs. 25,000 to Rs. 45,000, depending on the property size and amenities.

The strong rental demand is driven by the area's proximity to educational institutions, business districts, and excellent connectivity. Property values have appreciated due to infrastructure developments like the metro line and the area's historical significance combined with modern amenities.

Top Employment Hubs near Shukrawar Peth

Shukrawar Peth and its surrounding areas have emerged as significant employment centres, offering diverse job opportunities across various sectors. Some of the top employment hubs near Shukrawar Peth include:

  • Pune IT Park: 9.7 km
  • Business Bay: 9.1 km
  • World Trade Centre: 17 km

Famous Sub-Localities near Shukrawar Peth

The neighbourhood comprises several well-known residential and commercial areas, each with its unique character. Some of the most popular areas near Shukrawar Peth include:

  • Mandai 
  • Kasba Peth
  • Sadashiv Peth
  • Narayan Peth
  • Tulsi Baug

Things to do in Shukrawar Peth

Shukrawar Peth offers a diverse range of activities and experiences for residents and visitors alike. Some of the top landmarks and things to do near Shukrawar Peth include:

  • Experience the vibrant atmosphere of Pune's largest vegetable market, where you can find fresh produce, spices, and traditional items. The historic architecture and bustling energy make it a must-visit destination for both shopping and cultural exploration.
  • Explore the numerous ancient temples that dot the area, each with its unique architecture and religious significance. These temples not only serve as spiritual centres but also showcase the rich cultural heritage of Pune.
  • Indulge in retail therapy at one of Pune's oldest shopping streets, offering everything from traditional clothing to modern fashion, jewellery, and household items. The street comes alive during festive seasons with special markets and celebrations.
  • Embark on a culinary journey through the famous street food joints and traditional restaurants, sampling authentic Maharashtrian cuisine and local delicacies that have been beloved for generations.
  • Join organised heritage walks that take you through the historic lanes, showcasing traditional wadas, ancient wells, and architectural marvels while narrating fascinating stories about Pune's history.
  • Participate in the numerous cultural events, festivals, and traditional celebrations that take place throughout the year, offering a genuine experience of Puneri culture and traditions.

What is Good about Shukrawar Peth? 

  • Rich cultural heritage and traditional charm
  • Excellent connectivity and transportation options
  • Diverse shopping and entertainment options
  • Strong community feel and safety
  • Proximity to educational institutions and healthcare facilities

What is not Good about Shukrawar Peth? 

  • Traffic congestion during peak hours
  • Limited parking spaces in older areas
  • Need for better waste management systems
  • Ageing infrastructure in some parts
  • Better maintenance of heritage structures
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Properties for rent in Shukrawar Peth, Pune

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Properties for sale in Shukrawar Peth, Pune

1 RK Omkar Swar...

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₹ 11500000

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₹ 8000000

2 BHK Kanchan vr...

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1 BHK Independen...

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2 BHK gire sanku...

sankul

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₹ 3500000

4 BHK Standalone...

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1 BHK F5 Nandini...

Manjari

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2 BHK Shree Gaja...

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₹ 9000000

2 BHK Gajanan Ap...

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₹ 9500000

1 BHK AMOD APART...

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2 BHK kalpashila...

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Have Questions about
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FAQs

What makes Shukrawar Peth a desirable residential location?

Shukrawar Peth combines historical significance with modern amenities, offering excellent connectivity, robust infrastructure, and a vibrant cultural atmosphere. The area's proximity to educational institutions, healthcare facilities, and employment hubs makes it particularly attractive for families and young professionals.

How is the rental market in Shukrawar Peth?

The rental market is quite active, with monthly rents ranging from Rs. 25,000 to Rs. 45,000. The high demand is driven by students, working professionals, and families attracted to the area's central location and comprehensive amenities.

What types of properties are available in Shukrawar Peth?

The area offers a mix of traditional wadas, modern apartments, and commercial properties. While new constructions are limited due to the historical nature of the area, existing properties are well-maintained and offer good value for investment.

How is the connectivity to other parts of Pune?

Shukrawar Peth enjoys excellent connectivity through multiple transportation options including metro, buses, and major highways. The Mandai metro station and Chatrapati Shivaji Maharaj Nagar Railway Station provide convenient public transport access.

What are the notable educational institutions nearby?

The area hosts several reputed educational institutions including Dr. Cyrus Poonawalla English Medium High School, Shri Shivaji Maratha High School, and Sir Parashurambhau College, making it an ideal location for families with school-going children.