Narayan Peth is a famous locality, located in the center of Pune. The name is derived from the name of Narayanrao Peshwa. It is famous for zari border silk made sarees in and around Solapur. This locality is situated at a distance of 3.9 kms from Pune Station Bus Stand via Ambedkar Wellesly Road. Deccan Gymkhana, Shaniwar Peth, Budhwar Peth, Pune, Mandai, Nagnath Par, Sadashiv Peth, Pulachi Wadi, Ganeshwadi, Joshi Wada, Madiwale Colony are its neighboring localities. This locality is surrounded by Laxmi Road, NC Kelkar Road, and bajirao Road. Lokhande Talim Road, and LB Bhopatkar Path are its internal roads which further links with SH 114. Other prominent localities situated close to Narayan Peth are Pune, Budhwar Peth, Erandwane, Model Colony, Shivaji Nagar, Deccan Gymkhana, Kothrud, Kondhwa, Wanowrie etc. Some of the key residential projects in Narayan Peth are Venkateswara Govinda Apartments, Jalan Sai Emerald, Buttepatil Gulab Vishwa, Khinvasara K C Tower among others.
The area is strategically located at NC Kelkar Road and Shivaji Road thus making commuting easy for its residents. This locality is surrounded by two major road NC Kelkar Road and Laxmi Road which further connects it to the Shivaji Road.
It has easy access to Pune International Airport which is located at a driving distance of 17 kms via Pune Nagar Road/Samrat Ashok Road.
Shivajinagar, Pune Junction, Ghorpadi and Khadki are its nearby railway stations. However, Shivajinagar Railway Station is the nearest station to Narayan Peth which is located at a distance of 2.4 kms via Jangali maharaj Road.
Factors for Past Growth :
Proximity to Pune International Airport, Shivajinagar Railway Station and Shivaji Road along with major IT Parks such as Pune IT ParK and Lohia Jain IT Park have been a plus point for Narayan Peth. A fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace, driving rental demand and providing consistent rental yield. As a result, locality has experienced huge number of apartments for sale in Narayan Peth.
The presence of basic establishments along with commercial and industrial development have transformed Narayan Peth as one of the best residential areas of Pune.
The locality is experiencing rapid residential and industrial development owing to its strong connectivity with key regions like Deccan Gymkhana, Pune and Sadashiv Peth via Roadways.
Employment hubs near Narayan Peth
Rajiv Gandhi Infotech Park
Platinum Tech Park, Panchshil
Kapil Zenith IT Park
Nano Space IT Park
Pune IT Park
Infrastructural Development (Social & Physical) :
Creations, The School Of Design and Technology, Huzurpaga Girls High School and Junior College, Renuka Swaroop Girls High School, Bluebells Nursery School, Navin Marathi School and Ahilyadevi High School for Girls are some of the quality schools in Narayan Peth.
Some of the renowned hospitals providing health care facilities to the residents of Narayan Peth are Asha Kiran Hospital, Homeopathic Hospitals, Shintre Hospital, Yogesh Hospital and Sathe Hospital to name a few.
Basic amenities are also nearby to Narayan Peth as this locality houses R Deccan mall, S Mall, SGS Mall and Pune Central Mall to serve the daily needs of the people.