Kasba Peth is one of the oldest localities of Pune and is at the heart of the city. Peth in Marathi translates to locality. It is located along the Mula River. The area was established back in the fifth century and is near to the Shaniwar Wada palace fort. The Pune Railway Station is 1.9 kilometres from here through the NH 9 and Veer Santaji Ghorpade Road while the Pune Airport is 11.9 kilometres away through the Airport Road. Neighbourhoods surrounding Kasba Peth are Nana Peth, Lunanagar and Mangalwar Peth.

Kasba Peth real estate is sought after among end users because of its proximity to central areas of Pune. Two prominent developers of Pune are working on Kasba Peth property- Horizon Developers and DS Kulkarni. The configurations on offer are 2 and 3 BHK and property in Kasba Peth measure between 800 and 1200 sq ft.

There are several schools and hospitals in the neighbourhood that are popular among residents here. Vidya Niketan English Medium School, SV Union Primary School, Rasta Peth High School, Jeevandhara Vidyalay and Bholagiri Prathamik Vidyalay. Hospitals that serve the locals include Todmal Nursing Homes, Medinova Hospital, Pungliya Hospital and Dhanwantari Hospital.