Shukrawar Peth is one of the older areas of Pune. It is located near the other central localities such as Guruwar Peth, Sadashiv Peth, Camp, Bibwewadi, Bhawani Peth, Karve Nagar, Kasba Peth and Rasta Peth. Shukrawar Peth is around 4.3 kilometres from the Pune Railway Station which can be reached via MH SH 114. The Pune Airport is 15 kilometres away, reachable through the Sangamwadi Road.

Shukrawar Peth real estate is popular among end users who want to live near the centre of the city. The built-up area of property in Shukrawar Peth ranges from 552 to 5,240 sq ft. The configurations on offer are 1, 2, 3, 4 and 5BHK. The average price of Shukrawar Peth property is Rs 17,000 per sq ft, being charged by ABIL’s Avaanti. Currently, there is one under-construction project in the area.

There are numerous good schools and hospitals located in the vicinity of Shukrawar Peth. New English School Ramanbaug, Bhave High School, Nutan Balvikas Mandir, Ahilya Devi Holkar High School, Vidya Niketan Enlish Medium School and Crescent School are some of the educational institutes located here. Hospitals nearby include SS Khandalkar Clinic, Ramkrishna Math Polyclinic, Sakhar Kamgar Hospital Trust, Bora Hospital, Chandan Hospital and Mehta Hospital.