Karpe Nagar is a residential locality situated in Wakad, a rapidly developing suburb of Pune, India. Wakad itself is located in the Pimpri-Chinchwad Municipal Corporation (PCMC) area and has seen significant growth in recent years due to its proximity to the Hinjewadi IT Park and good connectivity to other parts of Pune and Mumbai. Karpe Nagar, being part of Wakad, benefits from this overall development. It's primarily a residential area, with a mix of apartments, independent houses, and developing projects.