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Shukrawar Peth is an upcoming area and one of the oldest in Pune, which is very close to the heart of the thriving city.
In fact, it was the first local Peth created in 1734 and named by the Bajirao Peshwe 1 because people used to reside in that area from his era.
Shukrawar Peth has many housing projects and development projects, which makes it a good place to live in.
Because of its slow development but raging real estate demand, the properties here are quite affordable, thus, choosing to live here is a great idea.
This place offers excellent real estate options in all configurations and price ranges, and many new and under-construction projects offer affordable real estate opportunities
Shukrawar Peth is located in the center, and has strong connectivity to other parts of the city, as it is situated very close to Maharashtra State Highway 114 and is surrounded by SH 114.
It comes under the jurisdiction of Pune Municipal Corporation (PMC) and some of its other nearby localities are Budhwar Peth, Sadashiv Peth, Swargate, PMC Colony, Guruwar Peth, and Lohiya Nagar.
Shukrawar Peth is a developing area with a solid connection to Pune IT Park and other activity centres.
Residents are choosing Shukrawar Peth as their next resident location because of its proximity to The Indian Institute of Information Technology in Pune, the SRPFS shooting range, Rajiv Gandhi Zoological Park, and the Wildlife Research Center.
It is well connected by trains, buses, and public transport, making it one of the most prominent localities of Pune.
India's largest cycling mall is located here, and the presence of basic establishments has transformed Shukrawar Peth into one of the best residential areas of Pune.
Shukrawar Peth has traffic issues and has become heavily commercialised. The traffic jam situation and availability of free parking spaces with better road conditions should be taken care of.
Shivaji Road and Saras Baug Road are adjacent to this locality thus making commuting easy for its residents.
Shukrawar Peth has landmarks like the Statue of Sonavadekar and Ganesh Kala Krida Mandir. Jawaharlal Stadium, Raja Dinkar Kelkar Museum, and Mahatma Jyotiba Phule Mandai are located here attracting people to visit this locality.
Chhatrapati Shivaji Maharaj Road passes through the center of the locality and connects it to the other important parts of Pune such as Budhwar Peth, Swargate, Pune, Bibvewadi, Shivajinagar, etc.
Mahatma Phule Mandai, the largest retail vegetable market in Pune, is located in the Shukrawar Peth area of the city.
Several commercial and industrial developments have made Shukrawar Peth one of the best residential areas of Pune.
There are a lot of educational institutions, colleges, and healthcare institutions in Shukrawar Peth.
Proximity to Pune International Airport, along with major IT Parks has led to a major rental demand for 2 BHK flats which have gained momentum in Shukrawar Peth.
The presence of world-class amenities in the locality makes Shukrawar Peth a self-sustained locality.
Pune Airport is 24 min (12.0 km) from Shukrawar Peth via Airport Rd and Sangamwadi Rd. It enjoys excellent connectivity to Pune International Airport, located at a driving distance via Samrat Ashok Road.
Shukrawar Peth has all premium home-based services if you have recently moved into this beautiful locality in Pune. Let us look into some of the basic home-management amenities:
Some of the best Interiors available in Shukrawar Peth are Sanmil Interiors, Interior Design Bhavika, Excel constructions and Interior Designers, Superb Interiors, and SA_Interior_Scapes
Shukrawar Peth has many vendors for moving and packing, and some of them are Priya Cargo Packers & Movers, Safe & Expert Moving Services, Aarav Packers And Movers, Sai Sagar logistics packers and movers, and GMP Gati Movers and Packers
Among the many vendors available for rental furniture and home appliances, some of the most prominent ones are Cityfurnish - Furniture and Appliances Rental, Unicort Furniture Rental and appliances Rental and Rentswale
Some of the best solar rooftop services in Shukrawar Peth are Sunbless Solar Systems, Aditya Solar, Dnyanai Solar Services, JK Solar Solutions, and Glean Energy - Rooftop Solar System
Let us look at some of the nearby localities of Shukrawar Peth, and the time it takes to reach there, along with the approximate cost of a taxi.
| Locality | Distance from Shukrawar Peth | Commute Time from Shukrawar Peth (approx.) | Approx Cost by Taxi (INR) |
| Subhash Nagar | 600 meters | 2- 5 minutes | Walking Distance or Rs. 100 – Rs. 150 |
| Dadawadi | 1.4 Kilometres | 5 - 10 minutes | Rs. 100 – Rs. 300 |
| Taware Colony | 2.9 Kilometres | 5 - 10 minutes | Rs. 200 – Rs. 400 |
| Panmala | 2.5 Kilometres | 5 - 10 minutes | Rs. 150 – Rs. 400 |
| Agarwal Colony | 2.9 Kilometres | 5 - 10 minutes | Rs. 200 – Rs. 400 |
Disclaimer: However, the cab fare is subject to change depending on the market valuation and condition.
Shukrawar Peth is well connected to the main city, and to adjoining localities with local buses, local trains, and regular and continuous cab service. This robust connectivity provides convenience to the visitors and residents of Shukrawar Peth.
People rate Shukrawar Peth quite high as compared to other famous localities in its vicinity like Bibwewadi, Karve Nagar, Rasta Peth, Sadashiv Peth, etc.
Shukrawar Peth is rated high because of its security and safety, proximity to various commercial and residential hubs, and access to markets.
It has great connectivity to other areas and is located in the prime center or heart of Pune city, which gives it a good rating by residents.
Shukrawar Peth is about 15 km away from the Pune International Airport and about 13 km away from the Pune railway station.
Shukrawar Peth has very good connectivity and the multitude of buses here offer its residents seamless commutes.
There are several tourist spots around Shukrawar peth, Pune like:
As compared to nearby localities like Taware Colony, Panmala, Rajendra Nagar, Agarwal Colony, etc. Shukrawar Peth has basic amenities, great physical and social infrastructure, and promises a massive scope for growth and development.
Currently, real estate prices are quite affordable but are expected to rise due to the continuous development of the locality.
| Location | Current Price | 3 Months | 6 Months | 1 Year |
|---|---|---|---|---|
| Sadashiv Peth | ₹ 15,518 | -0.60% | +3.10% | +14.06% |
| Project | Transactions | Current Price | Price Change |
|---|---|---|---|
| Bhaktmar Chandrakamal | 2 | ₹ 14,406 | - |
| Avaanti Residences | 1 | ₹ 17,285 | ₹ 0 |
| Rajnigandha Enclave | 1 | ₹ 13,089 | - |
| Prestige Point | 1 | ₹ 14,056 | - |
| Shivanand Niwas | 1 | ₹ 9,074 | - |
| Shukratara Apartment | 1 | ₹ 9,138 | - |
| Anant Apartment | 1 | ₹ 13,182 | - |
| Project | Sale Value | Current Price | Price Change |
|---|---|---|---|
| Anant Apartment | ₹ 4 Cr. | ₹ 13,182 | - |
| Avaanti Residences | ₹ 4 Cr. | ₹ 17,285 | ₹ 0 |
| Bhaktmar Chandrakamal | ₹ 3 Cr. | ₹ 14,406 | - |
| Shukratara Apartment | ₹ 1 Cr. | ₹ 9,138 | - |
| Shivanand Niwas | ₹ 1 Cr. | ₹ 9,074 | - |
| Prestige Point | ₹ 1 Cr. | ₹ 14,056 | - |
| Rajnigandha Enclave | ₹ 1 Cr. | ₹ 13,089 | - |
| Developer Name | Transactions |
|---|---|
| LJM Properties | 18 |
| Project | Gross Value |
|---|---|
| Anant Apartment | ₹ 4 Cr. |
| Bhaktmar Chandrakamal | ₹ 2 Cr. |
| Shukratara Apartment | ₹ 1 Cr. |
| Shivanand Niwas | ₹ 1 Cr. |
| Prestige Point | ₹ 1 Cr. |
| Rajnigandha Enclave | ₹ 1 Cr. |
| Project | Current Price |
|---|---|
| Avaanti Residences | ₹ 17,285 |
Property Type |
Enquiries |
|
|---|---|---|
|
Apartment
|
79%
|
|
|
Shop
|
20%
|
BHK |
Enquiries |
|
|---|---|---|
|
1 BHK
|
33%
|
|
|
2 BHK
|
45%
|
Budget |
Enquiries |
|
|---|---|---|
|
50 L - 2 Cr.
|
79%
|
|
|
2 Cr. - 5 Cr.
|
20%
|
Property Type |
Enquiries |
|
|---|---|---|
|
Apartment
|
80%
|
|
|
Shop
|
10%
|
BHK |
Enquiries |
|
|---|---|---|
|
1 BHK
|
37%
|
|
|
2 BHK
|
37%
|
Budget |
Enquiries |
|
|---|---|---|
|
50 L - 2 Cr.
|
60%
|
|
|
2 Cr. - 5 Cr.
|
30%
|
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