Malhar Apartment, Shaniwar Peth

Shaniwar Peth is a historic residential locality in central Pune bordering Narayan Peth, Sadashiv Peth, and Kasba Peth. The pin code of Shaniwar Peth is 411030. This traditional neighbourhood houses multi-generational families and features the iconic Shaniwar Wada fort landmark. Residents send their children to Modern College of Arts, Science and Commerce and visit Sancheti Hospital for healthcare. PMC Metro Station on the Aqua Line is the nearest transit point located one kilometre away. Shivaji Road and Kelkar Road connect the locality to Pune Junction Railway Station in fifteen minutes. Average property rates in 2026 range from Rs. 11,000 to Rs. 15,000 per sq ft. Redeveloped apartments dominate the market, attracting buyers wanting central city living.

What's Good in Shaniwar Peth

• PMC Metro Station is within one kilometre, making daily travel very easy.
• Sancheti Hospital is located nearby, providing quick access to quality healthcare services.
• Modern College of Arts, Science and Commerce offers excellent education options close by.
• The historic Shaniwar Wada fort provides a great cultural landmark for local residents.
• Westside on FC Road is easily accessible for clothing and lifestyle shopping needs.

As of August 22, 2026, the property rate in Shaniwar Peth ranges between Rs. 11,000 to Rs. 15,000 per square foot for apartments.

Why Should One Buy Property in Shaniwar Peth pune

• High capital appreciation of 26.8% makes redeveloped apartments on Kelkar Road highly profitable.
• Close access to PMC Metro Station guarantees steady long-term demand for residential properties.
• Strong rental demand from students attending nearby Modern College of Arts, Science and Commerce.
• Central location near Shivajinagar provides excellent transit options, boosting overall land values over time.
• Limited land supply in historic Kasba Peth borders drives up property prices here.

As of August 22, 2026, the rental cost in Shaniwar Peth is between Rs. 5,000 and Rs. 18,000 monthly for 1 to 3 BHK apartments.

Why Should One Rent a House in Shaniwar Peth pune

• Affordable rental rates make living near the central Laxmi Road market very budget-friendly.
• Quick daily travel to Sancheti Hospital benefits healthcare professionals working in the area.
• Easy walking access to PMC Metro Station reduces monthly transportation expenses for tenants.
• Closeness to Deccan Gymkhana offers excellent dining and recreational options nearby.
• Students enjoy short travel times to the nearby Fergusson College campus on FC Road.

Shaniwar Peth has seen a strong rise in property values due to its central location. The locality recorded a high capital appreciation of 26.8% in 2026, pushing average buying rates to Rs. 11,000 to Rs. 15,000 per sq ft. Conversely, the rental market experienced a decline of 16.7% in the same period, adjusting monthly rents to a range of Rs. 5,000 to Rs. 18,000. This divergence makes the area highly attractive for buyers seeking long-term capital gains while offering affordable options for tenants. Redevelopment projects continue to drive the real estate market here. (* As of August 22, 2026)

Here are some of the important landmarks holding historical and cultural importance:

• Omkareshwar Temple: This 18th-century temple dedicated to Lord Shiva features beautiful Peshwa-style architecture. Visitors admire the intricate carvings and find peace by the Mutha River banks.
• Shaniwar Wada: This historic fortification served as the seat of the Peshwas of the Maratha Empire. Visitors explore the massive stone gates, beautiful gardens, and attend the evening light show.
• Lal Mahal: This reconstructed red brick palace is where Chhatrapati Shivaji Maharaj spent his childhood. Visitors can view historical paintings and artifacts depicting his life and brave exploits.
• Dagdusheth Halwai Ganpati Temple: Located very close by, this famous temple attracts thousands of devotees daily. People visit to see the magnificent golden idol of Lord Ganesha and experience the prayers.
• Tulshibaug Market: This traditional open-air shopping market is famous for copper items, traditional Maharashtrian cookware, and cosmetics. Shoppers love bargaining for household items and local jewelry here.

Shaniwar Wada is a prominent landmark in Shaniwar Peth. Some more include:

• Omkareshwar Temple
• Lal Mahal
• Appa Balwant Chowk
• Dakshin Mukhi Maruti Temple
• Ahilyadevi High School
• Sancheti Hospital

Road Connectivity

Shaniwar Peth is well-connected through Shivaji Road and the following roads:

• Kelkar Road
• Bajirao Road
• Laxmi Road
• NC Kelkar Road

Public Transport

PMC Metro Station on the Aqua Line is the closest public transit option, located 1 km away. Some more include:

• PMC Metro Station, Aqua Line, 1 km
• Shaniwar Wada Bus Stop
• Appa Balwant Chowk Bus Stop
• Dakshin Mukhi Maruti Bus Stop

Proximity to Airport and Railway Station

The nearest railway station and airport are Pune Junction Railway Station, which is located 4 km away, and others:

• Shivajinagar Railway Station, 2 km
• Pune International Airport, 11 km