Shaniwar Peth is an historic and one of the prime residential localities in central Pune, situated along the Mutha River. It is a developed residential locality dominated by old individual houses and bungalows; along with some properties being redeveloped into multi-storied apartments. The demand for residential housing in the area is driven by a sound social and civic infrastructure, good public transport facilities, and excellent connectivity to the industrial and IT hubs. Shaniwar Peth is adjoined by other key localities such as Budhwar Peth, Shivajinagar, and Sadashiv Peth. Some of the completed, as well as under-construction residential projects in and around the locality are Sanjay Va Na Oak Trust Sankul, GB City Icon, and A and D City Icon.