Prem Nagar is a residential locality situated within the larger Bibwewadi area of Pune, Maharashtra. It's generally considered a well-established and relatively developed part of Bibwewadi. It's primarily a residential area, with a mix of independent houses, apartments, and some smaller commercial establishments catering to the daily needs of residents. It's a middle-class to upper-middle-class locality, known for its relatively peaceful environment and good connectivity to other parts of Pune.