Overview :
Prabhat Road, located in the centre of the city is a booming neighborhood in Pune. This road is named after the legendary Prabhat Studios, which in fact made movies and films in the '20s and '30s right up to the '60s. It comes under Pune Municipal Corporation Limit. The road ends at the Film and Television Institute Of India which is formerly Prabhat Film Studio. But now this locality is has taken the shape of higher middle class society. It is among the poshest areas of Pune. All the road crossing this road are known as Prabhat Road Gali No-1/2/3//4/5 and so on. Kamla Nehru Park lies at the Northern end of this Road. It is cent percent residential locality road though a few commercial establishment have started coming up. Hanuman Nagar, Kelewadi, Navi Peth, Khilarewadi, Joshi Wada, Deccan Gymkhana and Ganeshwadi are its neighboring localities.
Connectivity :
Prabhat Road is surrounded by BMCC Road, Law College Road, Maharshi Karve Road, Fergusson College Road which further has access to State Highway-114.
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 railway stations to Prabhat Road.
Factors for future 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, driving rental demand and providing consistent rental yield.
The presence of basic establishments along with commercial and industrial development have transformed Prabhat Road as one of the best and poshest residential areas of Pune.
The presence of Banks, ATM’s, Schools, Hospitals and retail stores etc. in the locality makes Prabhat Road a self-sustained locality. People who work in the nearby IT Parks prefer this locality for their residence.
Infrastructural Development (Social & Physical) :
Symbiosis, Panditrao Agashe School, Bluebells Nursery School, Vikhe Patil memorial School, New English are some of the reputed schools in the locality.
Health Care facility is also good in the locality. Some of the renowned hospitals in the locality which provides quality health care facilities to the residents of Prabhat Road are Deshmukh Hospital, Sahyadri Speciality, Deodhar Eye Hospital, Galaxy Care Hospital and Sathe Hospital.
Pune Central Mall, R Deccan Mall and S Mall are the three major malls in the vicinity which serves the daily needs of the resident of Prabhat Road.