Prabhat Road is a peaceful residential locality situated in the south-western parts of Pune. This locality is named after the famous Prabhat Studios. The areas around the road are among the high profile localities in Pune and are preferred by the upper class and higher middle class. The Film and the Television Institute of India, which was earlier popular as the Prabhat Studios, lies on this road. All the roads merge this road are named “Prabhat road lanes” , number 1,2,3,4…’ in Marathi. It comes under the jurisdiction of Pune Municipal Corporation (PMC). Deccan Gymkhana, Sadashiv Peth, Erandwane, Ganeshwadi, Navi Peth are the prominent localities situated close to it. The Symbiosis School and Sou Vimlabai Garware Junior College are located on this road, in addition to the Fergusson College Campus and Symbiosis Institute Of Computer Studies and Research, which lie at a distance of less than 4 km and 3 km, respectively. Some of the important places located on this road include the Deccan Gymkhana as well as the Tilak tank, which is well known for its Olympic size swimming pool. Today, the buyer class that typically invests in real estate at Prabhat Road comprises of Pune’s upper class or the ancestrally rich and sometimes a overflow of investors from Mumbai who are looking to invest in luxury real estate in Pune. Some of the key residential projects in Prabhat Road are Gokhale Ganeshree, Vyas Payal, Truspace Paloma, Gokhle Manik among others.
Connectivity
The areas around Prabhat Road is well connected to other parts of the city through a number of roads, lanes and bypasses. Prabhat road is connected to a number of roads like Karve Road, Law College Road, BMCC Road, Bhandarkar Road, FC Road enabling transportation easier for its residents to different areas like Deccan Gymkhana, Sadashiv Peth, Navi Peth, Ganeshwadi, Erandwane, Ganesh Nagar, Budhwar Peth etc.
It enjoys excellent connectivity to Pune International Airport which is located at a driving distance of 19.4 kms via Lohegaon Road.
Shivajinagar, Khadki and Pune Junction are the nearby railway stations. However, Shivajinagar and Pune Junction is the nearest and major railway stations to Prabhat Road from where one can get the interstate trains.
Pune city is located at a distance of 3 km via laxmi road while Mumbai is about 148 km via Bengaluru-Mumbai Highway from Prabhat Road.
Key residential projects
Being on of the poshest areas in Pune, prominent developers and builders have launched their finest projects here, targeting the upper class home-buyers.
Factors for past growth
Proximity to Pune International Airport along with major technological park such as Lohia Jain IT Park, F1 IT Park and Pune IT Park have been a plus point for Prabhat Road. Hence, a fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace. As a result, 2 BHK apartments in Prabhat Road are in huge demand.
Employment hubs near Prabhat Road
Lohia Jain IT Park
F1 IT Park
Pune IT Park
Platinum Tech Park Panchshil
Teerth Technospace
Infrastructural Development (Social & Physical)
Prabhat Road has experienced and improved a lot in terms of social & physical infrastructure. Symbiosis, Panditrao Agashe School, Bluebells Nursery School, Vikhe Patil memorial School, New English are some of the reputed schools in the locality. It also house some good colleges and educational institutions such as College of Even & Media, Akola College of Journalism and Mass Communication, Garware College of Commerce, Fergusson College among others.
Some of the renowned hospitals provide health care facilities to the residents of Prabhat Road are Deshmukh Hospital, Sahyadri Speciality, Deodhar Eye Hospital, Galaxy Care Hospital and Sathe Hospital.
Shopping needs of the residents are catered by nearby malls like Pune Central Mall, R Deccan Mall, S Mall etc. It also houses retail outlets of famous national and international brands such as Westside, Lifestyle, More Stores, Jyoti Retail Outlet, My Jio Store to name a few.