Hasabnis Bakhal is a residential complex (bakhal) located in Narayan Peth, a traditionally significant and central area of Pune. Bakhal is a Marathi term referring to a courtyard-style housing cluster, typically consisting of several small rooms or apartments arranged around a shared open space. Historically, bakhals were common in Pune, providing affordable housing for working-class families and fostering a strong sense of community. Narayan Peth itself is known for its old-world charm, traditional businesses, educational institutions, and close proximity to important landmarks. Hasabnis Bakhal, being located there, inherits these characteristics.