G M Gokul NiwasBudhwar Peth, Pune

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.

What's Great About Budhwar Peth?

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.

What's Not Great About Budhwar Peth?

Apart from being one of Pune's busiest and most crowded areas, Budhwar Peth also faces frequent traffic during rush hours.

Physical Infrastructure and Livability Index of Budhwar Peth

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.

Social Infrastructure

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.

Schools

• Nutan Marathi High School
• Huzurpaga Girls High School and Junior College
• Ahilyadevi High School for Girls

 Hospitals

• KEM Hospital
• Yashda Hospital
• Bharati Hospital and Research Center

Supermarkets/Shopping Malls

The entire locality of Budhwar Peth is a commercial hub. However, some of the notable places of interest are:

• Tulshibaug: One of the liveliest and most colourful parts of Budhwar Peth. It is also one of the best destinations in Pune for street shopping.
• Mahatma Phule Mandai: Mandai is the largest marketplace in the city for vegetables, fruits, flowers, etc. Set up in 1886, this architectural treasure remains one of the city's busiest commercial hubs to date.
• ABC Chowk: Appa Balwant Chowk, or the ABC, is a one-stop destination for all kinds of books where one can spend hours digging through endless piles and looking for bargains.

Restaurants

• Kaka Halwai Sweet Store
• Wadeshwar
• Ganaraj
• Chitale

Banks

• The Seva Vikas Co-Operative Bank Limited
• IDBI Bank
• Bank of Maharashtra
• ICICI Bank
• Vishweshwar Bank

Bus Terminals

• Vasant Talkies
• Appa Balwant Chowk
• Gadikhana

Railway Stations

• Pune Junction Railway Station
• Shivaji Nagar Railway Station
• Central Railway

Airport

• Pune International Airport

Popular Roads in Locality

Budhwar Peth is well connected to the city's main roads, such as the following:

• Bajirao Road: It further connects to the Eastern part of Pune
• Laxmi Road: It is a popular commercial hub of the city and further connects to the Western parts.
• Jede Prasad Road: It connects further to Shukrawar Peth, Guruwar Peth, Raviwar Peth, or to the other centrally located commercial and residential areas of the city.

Home Services in Locality

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.

Interior

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.

Rental Furniture & Appliances

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.

Nearby Locality - Distance Calculator

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:

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. 

Tourist Spots / Places to Visit in Budhwar Peth

The following places are within a radius of 1000 meters and can also be visited on foot:

• Dagusheth Ganpati- One of the most illustrious Ganesh Idols in India
• Shaniwar Wada- The historical landmark of Pune and the great seat of the Peshwas is a stone's throw away from Budhwar Peth.
• Lal Mahal- If history piques your interest, you can also visit the Lal Mahal, opposite Shaniwar Wada.
• Raja Dinkar Kelkar Museum– It is One of the only museums in the city dedicated exclusively to the historical design and art objects revolving around the essence of Pune.

How People Rate Budhwar Peth in Pune?

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.

How to Visit Budhwar Peth?

There are three easy ways to enter Budhwar Peth:

• Bajirao Road is the main entry road to Budhwar Peth.
• One can also enter the locality from Appa Balwant Chowk.
• Another way to access the area is from the Sonya Maruti Chowk.
• You can also reach here by the Pune Junction railway station.

Locality Comparison

Budhwar Peth is a good place to invest in commercial real estate compared to other localities of Pune.

• It is an income-producing locality and has clear indicators of better and bigger infrastructural developments in the future.
• It is a profitable and more affordable alternative to the expensive markets of MG Road, Deccan, and Laxmi Road.
• Compared to the adjacent residentially-inclined Sadashiv Peth, Budhwar Peth is more suited for a commercial setup.

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.