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Overview

Rasta Peth, Pune, is a historic commercial hub in the heart of Pune, known for its traditional markets and bustling atmosphere. It's a central location with a mix of residential and commercial properties.

FeatureInformation
LocationPune, Maharashtra, India
Pincode411011
Nearest Railway StationPune Railway Station
Metro ConnectivityPune Metro (Nearest Station: Shivajinagar)
Municipal CorporationPune Municipal Corporation (PMC)
Police DistrictPune City Police
Key RoadsLaxmi Road, Bajirao Road, Ganesh Peth Road
Main Property TypesCommercial Spaces, Apartments
Known ForTraditional Markets, Commercial Hub, Central Location
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General Property Prices

CategoryPrice (per sqft)/Price Range (per sq. yd.)
Average Property Price₹8,000 - ₹12,000 per sqft
Property Price RangeVaries based on location, age of construction, and amenities
Apartments (Flats)₹7,500 - ₹11,500 per sqft
Commercial Spaces₹9,000 - ₹16,000 per sqft
Land Prices₹70,000 - ₹1,50,000 per sq. yd.

Buying Prices (BHK Types)

BHK TypeLocationBuying Price Range
2 BHKCentral Rasta Peth₹75 Lac - ₹1.3 Cr
3 BHKSpacious Apartment₹1.1 Cr - ₹2.0 Cr
Commercial SpaceMain Road Facing₹2.0 Cr Onwards

2BHK & 3BHK Apartments in Rasta Peth

Image Source: google.com

Rental Prices (BHK Types)

BHKLocationRent/MonthDistance
1 BHKNear Market500-650 sqft₹9,000 - ₹16,000
2 BHKClose to Laxmi Road800-1100 sqft₹18,000 - ₹32,000
3 BHKCentral Location1100+ sqft₹28,000 - ₹45,000+

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Public Transport and Road Connectivity

Rasta Peth offers excellent connectivity due to its central location:

FeatureRating
Connectivity⭐⭐⭐⭐⭐ (5 / 5)
Environment⭐⭐⭐☆☆ (3 / 5)
Lifestyle⭐⭐⭐⭐☆ (4 / 5)
Safety⭐⭐⭐☆☆ (3.5 / 5)
  • Laxmi Road: A major commercial road providing access to various parts of the city.
  • Bajirao Road: Connects Rasta Peth to the Pune-Satara Road.
  • Pune Metro: Nearest metro station is Shivajinagar, providing connectivity to other parts of Pune.
  • PMPML Bus Network: Well-connected by Pune Mahanagar Parivahan Mahamandal Limited (PMPML) buses.

Check Location on Map:

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Rasta Peth’s real estate market is characterized by:

  • Commercial Properties: Dominated by shops, offices, and commercial establishments.
  • Residential Apartments: Limited availability of apartments, mostly older constructions.
  • High Demand: Due to its central location and commercial importance.
Property TypeLocationPrice RangeRent (₹/month)Furnishing
2BHK ApartmentCentral Area₹75 Lakhs - ₹1.3 Cr₹18,000 - ₹32,000Unfurnished/Semi-Furnished
3BHK ApartmentSpacious Layout₹1.1 Cr - ₹2.0 Cr₹28,000 - ₹45,000+Unfurnished/Semi-Furnished
Commercial SpaceMain Road₹2.0 Cr Onwards₹60,000+Shell & Core

Educational Institutions

Rasta Peth has several schools and colleges in close proximity:

Top Schools:

SchoolApprox. DistanceKey Features
Modern High SchoolApprox. 2 kmWell-reputed school with a long history.
Vidya Niketan English Medium SchoolNearbyKnown for its academic focus.
Symbiosis Convent High SchoolApprox 3 kmPart of the Symbiosis group of institutions.

Leading Colleges:

Brihan Maharashtra College of Commerce (BMCC)

Image Source: google.com

CollegeApprox. DistanceKey Features
Brihan Maharashtra College of Commerce (BMCC)Approx. 1 kmA leading commerce college in Pune.
Fergusson CollegeApprox. 4 kmOne of the oldest and most prestigious colleges in Pune.
Prin. L.N. Welingkar Institute of Management Development & ResearchApprox. 5 kmWell-known for MBA and other management courses.

Healthcare Facilities

Rasta Peth provides access to several healthcare facilities:

Major Hospitals:

HospitalApprox. DistanceKey Features
Jehangir HospitalApprox. 2 kmA 350-bed multi-specialty hospital known for its advanced medical care.
Ruby Hall ClinicApprox. 3 kmOne of Pune's leading hospitals, offering a wide range of medical services.
King Edward Memorial (KEM) HospitalApprox. 2 kmA well-known hospital providing a range of medical services.
Sahyadri Super Speciality HospitalApprox. 3 kmMulti-specialty hospital with advanced medical care.
Matru Seva HospitalWithin Rasta PethOffers various medical specialties with experienced doctors.
Dhanwantri HospitalWithin Rasta PethMulti-specialty hospital providing comprehensive healthcare services.
King Edward Memorial (KEM) Hospital

Image Source: google.com

Shopping and Entertainment

Rasta Peth is a hub for shopping and entertainment:

  • Laxmi Road: A major shopping destination for clothes, jewelry, and more.
  • M.G. Road: Another popular shopping street nearby.
  • Tulshibaug: Traditional market for clothing, accessories, and household items.

Entertainment:

  • Restaurants and Cafes
  • Movie Theaters in nearby areas

Outdoor Activities and Relaxation

Rasta Peth, being a commercial area, has limited options for outdoor activities within its immediate vicinity. However, nearby areas offer some options:

PlaceApprox. DistanceFeatures
Saras Baug3 kmA popular garden and temple complex.
Shaniwar Wada2 kmA historical fort and cultural landmark.
Aga Khan Palace7 kmA historical site with gardens and museums.

Fitness & Recreation:

  • Gyms and Fitness Centers in nearby areas
  • Yoga Studios
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Safety and Security

Rasta Peth is a busy commercial area, and safety is generally maintained through:

  • Regular Police Patrols
  • CCTV Surveillance in key areas
  • Active Community Participation

Upcoming Projects

Best Upcoming Projects

🏗️ Project📍 Location🛏️ Configuration💰 Price Range
Commercial Complex Rasta PethMain RoadOffice and Retail Spaces₹2.5 Cr Onwards
Apartment Complex Rasta PethCentral Location2, 3 BHK Apartments₹1.5 Cr - ₹3.0 Cr

🔗 Explore more Projects in Rasta Peth, Pune


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Why Invest Here

Investing in Rasta Peth, Pune, offers several advantages:

  • Central Location: In the heart of Pune, providing easy access to key areas.
  • Commercial Hub: A major commercial area with high business activity.
  • High Footfall: Attracts a large number of shoppers and visitors.
  • Good Connectivity: Well-connected by road and public transport.
  • Established Infrastructure: An established area with all basic amenities available.

🔗 Explore more Properties in Rasta Peth, Pune

Future Outlook

Rasta Peth is expected to remain a key commercial hub in Pune. While new developments may be limited due to space constraints, the area is likely to see improvements in infrastructure and facilities to support its commercial activities.

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FAQs

Q.Why should I consider doing business in Rasta Peth?Rasta Peth offers a prime commercial location, high footfall, excellent connectivity, a base of traditional businesses, and potential for redevelopment.
Q.What is the average property price in Rasta Peth?The average property price ranges from ₹8,000 to ₹14,000 per sqft.
Q.What are the key markets in Rasta Peth?Laxmi Road, Mahatma Phule Mandai, and Tulshibaug are key markets in Rasta Peth.
Q.How is the connectivity in Rasta Peth?Rasta Peth is well-connected by Pune Railway Station, the Pune Metro (via Mandai), and PMPML buses.
Q.What types of properties are available in Rasta Peth?You can find commercial spaces, shops, offices, warehouses, and limited residential apartments in Rasta Peth.
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