Located in the heart of Pune, Budhwar Peth is one of the busiest and most commercial localities in Pune. You will come across various retail establishments and shops for electronic goods, books, and clothing, among other items. The area boasts excellent connectivity, frequent bus and auto rickshaw transport, and easy access to essential amenities. Besides, the narrow bylanes of Budhwar Peth give you a glimpse of Pune's bygone era. While you orient yourself to the hustle-bustle life of Budhwar Peth, you will realize there is no shortage of new residential properties.
Being an integral part of the old city, Budhwar Peth retains its old-world charm. The defining buildings of the yesteryears and the remnants of the classic Pune Wadas reveal a perceived memory of the city's heritage. The bustling Appa Balwant Chowk, popularly known as the ABC, is also part of Budhwar Peth. Moreover, three of the most revered Ganesh Mandals form the essence of Budhwar Peth- Jogeshwari Ganpati, Talim Mandal and Tulshibaug Ganpati. Budhwar Peth provides lucrative scope for investment as well.
Apart from being one of Pune's busiest and most crowded areas, Budhwar Peth also faces frequent traffic during rush hours.
Budhwar Peth is one of the main market areas of the city. It primarily comprises office buildings, basement shops, service centres, etc. Among residential properties, the area has mid-segment flats occupied by students, workers from nearby commercial establishments or families living there for generations.
One of the perks of living in a central locality is connectivity. Budhwar Peth is closely connected to the Central Railway Station and has a good frequency of buses. Besides, with easy central access to all business areas of Pune, Budhwar Peth gains a high market value.
The entire locality of Budhwar Peth is a commercial hub. However, some of the notable places of interest are:
Budhwar Peth is well connected to the city's main roads, such as the following:
In addition to the convenience of amenities and transport facilities, Budhwar Peth also has easy access to home services and other facilities. This consumer/market proximity further adds to the area's desirability and stability.
Budhwar Peth has abundant options for interior and housekeeping services. Some renowned brands offering such services in the area include Allied Agencies, Godse Associates, Swastik Home Services, Madhur Sanitation, etc.
There are several services that offer rental furniture and electrical appliances. Sangam Refrigeration & AC Services, Bahagya Laxmi Electronics and Home Appliances, Mahalaxmi Electromech, etc., are some trusted dealers.
Being right at the centre, commuting from Budhwar Peth by a cab, an auto rickshaw, or a bus is easy and readily available. Some of most of the important areas of Pune are in close proximity; these include:
Locality | Distance from Budhwar Peth | Commute Time | Cab Fare |
Laxmi Road | 1.5 km | 8- 10 minutes | Approximately Rs. 120 for round trip |
Fergusson College Road | 3.2 km | 15-20 minutes | Approximately Rs. 250 for round trip |
Jangali Maharaj Road | 2.5 km | 12-15 minutes | Approximately Rs. 200 for round trip |
Baner | 12 km | 40-45 minutes | Approximately Rs. 600 for round trip |
Koregaon Park | 6.8 km | 25-30 minutes | Approximately Rs. 500 for round trip |
Airport | 12 km | 30-45 minutes | Approximately Rs. 500 for round trip |
Pune Railway Station | 2.6 km | 15-20 minutes | Approximately Rs. 200 for round trip |
Disclaimer: These are approximate figures and are subject to change based on the user's travel app, pinned location, and time of the day. Please note the cab fares are calculated based on the traffic at the time of booking.
The following places are within a radius of 1000 meters and can also be visited on foot:
Budhwar Peth is a mid-segment locality. If affordable housing is your target, Budhwar Peth is a good area to invest in. On the downside, the area is plagued with traffic congestion and pollution.
On the other hand, it offers plenty of scope and lucrative opportunities for commercial property. With good connectivity and easy access to amenities, it sees a better and brighter future for infrastructural developments for commercial spaces.
There are three easy ways to enter Budhwar Peth:
Budhwar Peth is a good place to invest in commercial real estate compared to other localities of Pune.
Budhwar Peth encompasses office buildings, retail establishments (e.g. shopping centres, restaurants, and hotels), industrial buildings (e.g. factories and warehouses), and residential property. Over the years, real estate indicators have captured positive development of Budhwar Peth for commercial property that can be leased or developed by a wide range of users.
Location | Current Price | 3 Months | 6 Months | 1 Year |
---|---|---|---|---|
Kasba Peth | ₹ 8,930 | -0.57% | +4.68% | -9.15% |
Rasta Peth | ₹ 9,229 | -1.45% | -4.50% | +20.72% |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
Natraj Plaza | 1 | ₹ 8,131 | +₹ 987 |
Bhairav Siddhi Icon | 1 | ₹ 6,645 | ₹ 0 |
Project | Sale Value | Current Price | Price Change |
---|---|---|---|
Natraj Plaza | ₹ 1 Cr. | ₹ 8,131 | +₹ 987 |
Bhairav Siddhi Icon | ₹ 1 Cr. | ₹ 6,645 | ₹ 0 |
Developer Name | Transactions |
---|---|
Bhairav SP Associates | 1 |
Matoshri Estate | 1 |
Project | Gross Value |
---|---|
Natraj Plaza | ₹ 1 Cr. |
Project | Current Price |
---|---|
Natraj Plaza | ₹ 8,131 |
Bhairav Siddhi Icon | ₹ 6,645 |
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