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About Budhwar Peth

As one of the oldest neighbourhoods in Pune, Budhwar Peth is teeming with history and deep cultural significance. The Budhwar Peth pin code is 411002. As an area in the heart of the city of Pune, it has grown from a traditional market area into a mix of residential, commercial, and cultural hotspots. This area is regarded as the heritage site of Pune, significant for its contribution to the development of the economic and social advancement of the city. Characterised by bustling streets and narrow lanes, the old-world charm of Pune is met by the modern infrastructure slowly shaping the locality to support a thriving commercial sector.

Located centrally in Pune, Budhwar Peth has an advantageous position that connects it easily to prominent areas within the city. From here, Shivaji Nagar, a major business district, is only 2 km away, and the Pune Railway Station is 3.4 km away. The area's central bus depot offers efficient PMPML bus services connecting it to different parts of Pune. 

Budhwar Peth Pune has many temples and heritage buildings, and the area is also recognized as a cultural and religious destination where thousands of locals and tourists gather throughout the year.

Reviews and Ratings of Budhwar Peth

Whats good about Budhwar Peth

  1. Abundant heritage and cultural importance from historic temples, markets, and ancient architecture.
  2. All connections with the major roads and PMPML transport for easy connectivity to all parts of the city.
  3. Thriving commercial centres with wide-markets, shops, and old business ventures offers a unique shopping experience.
  4. Strong community and social fabric, where festivals and cultural activities bring the residents together.
  5. Availability of core amenities like schools, health facilities, and eateries in the vicinity that help with daily needs.

What can be improved about Budhwar Peth

  1. Jammed streets at peak hours on account of the narrow street and highly commercialised areas.
  2. Noise and air pollution generated by thriving markets and a huge population.
  3. Parked in the central zone, thus preventing residents and visitors.
  4. Infrastructure ages are decades old and fail to meet demand at times.

Budhwar Peth is still a vibrant area that allows old age traditions to blend well with new age facilities. The popularity for this place as a cultural and commercial hot spot continues and will be developed with structured infrastructural development. This will make it a prospective place for home, business, and investment.

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Budhwar Peth Map

Budhwar Peth Infrastructure

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Physical Infrastructure of Budhwar Peth

The infrastructure of Budhwar Peth comprises prime facilities to fulfil the needs of the busy population. Its location and connectivity allow residents to commute to any place freely without any hassle. Here is the detailed physical infrastructure of this locality: 

Road Connectivity

The key roads and highways that connect this locality with its neighbouring cities and areas are:

  • NH65 
  • NH60
  • PMC Vidyalaya Road
  • Laxmi Road
  • Jangali Maharaj Road

Public Transport

Public transport is also well established here with metros and bus stops, namely:

  • Metro Stations: Chhatrapati Sambhaji Garden Metro Station, Mandai Metro Station, Deccan Metro Station
  • Bus Stops: Girls School Bus Stop, Patrya Maruti Bus Stop, Appa Balwant Chowk Bus Stop

Proximity to Airport and Railway Stations 

The airport and railway stations are also easily accessible from here, like the:

  • The Pune Railway Station: 3.4 km 
  • Dapodi Railway Station: 9.5 km
  • Pune International Airport: 11.3 km
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Social and Retail Infrastructure of Budhwar Peth

The social infrastructure of Budhwar Peth is great. It houses reputed schools, colleges, hospitals, malls, everything. The streets have electronics, textile, book, and jewellery stores lined up on either side, making for a thrilling commercial ambience.

Schools and Colleges in Budhwar Peth 

Popular schools and colleges in this locality are:

  • New English School
  • NMV High School
  • Fergusson College
  • SP College

Hospitals and Medical Facilities in Budhwar Peth 

Budhwar Peth is closer to hospitals such as 

  • Jehangir Hospital 
  • Surya Sahyadri Hospital 
  • Samarth Hospital

Shopping Outlets in Budhwar Peth 

The locality hosts several malls to provide the best shopping experience to the residents like the:

  • Tara mall 
  • The Pavillion Mall
  • Deccan 99 Mall
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Sub localities of Budhwar Peth

Budhwar Peth in Pune is one of the oldest and most pulsating localities in the city, characterised by historical importance along with bashing markets. It is known for its temples, heritage sites, and shopping streets. Famous areas nearby are — 

  • Ganesh Peth
  • Rasta Peth
  • Bhawani Peth
  • Ganj Peth
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Top Employment Hubs in Budhwar Peth

Even though this is a commercial centre per se, the attraction remains high among working professionals as well as entrepreneurs as several of the major employment centres are nearby. The top employment hubs near Budhwar Peth are:

  • Vertex Arcade - 1.2km
  • PMT Building - 2.1km
  • The Vitoria - 2.2km 
  • Thube Park - 2km

Property Price trends in Budhwar Peth

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Real Estate Market Trends and the Rental Demand in Budhwar Peth

The Budhwar Peth property rates range very high based on the building type and proximity to the commercial areas. Residential properties average at ₹8,000- ₹12,500 per square foot.

Locality 

Per sq ft Property Rate*

Budhwar Peth

₹8,000- ₹12,500

Rentals are around ₹10,000-30,000 monthly. The price for commercial halls comes in a range of ₹20,000 to ₹30,000 per square foot and goes as high as ₹90 to ₹150 per square foot on rent because it's in demand among business owners. It is in huge demand for small retail space and commercial shops.

Locality 

Average Monthly Rental Range*

Budhwar Peth

₹10,000-30,000

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Frequently asked Questions

What is the average commercial property rental value in Budhwar Peth?

The other rental charges for commercial properties lie in the range of ₹90 to ₹150 per square foot, with a location and facility-specific variation.

Is Budhwar Peth good for business?

Indeed, owing to its central location and high pedestrian movement, Budhwar Peth is good for almost all commercial businesses, including electronics and retail.

What are some of the key landmarks in Budhwar Peth?

Some of the notable landmarks include the Dagdusheth Halwai Ganpati Temple, Shaniwar Wada, Vishrambaug Wada, and Tulshibaug Market.

How well connected is Budhwar Peth to other parts of Pune?

Absolutely. Budhwar Peth is centrally located with easy accessibility to major roads, bus services, and close proximity to Pune Railway Station.

Is Budhwar Peth a good place to live?

Yes, Budhwar Peth provides proximity to Pune's core amenities and a more vibrant commercial environment, so all those who like the hustle-bustle of city life make it a very good option.

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