ðɪs ˈɛɹiə ɪz ˈɔːlsoʊ nˈoʊn æz ɐ bˈæŋkɪŋ hˈʌb, æz mˈɛni bˈæŋks lˈaɪk ˌeɪtʃdˌiːˌɛfsˈiː, ˈaɪsɪsˌaɪ, sˈæɹɐswˌɑːt kˈoʊˈɑːpɚɹətˌɪv, stˈændɚd tʃˈɑːɹɾɚd, məɡvˈɪɹə, ʃˈæmɹaʊ vˈɪθəl ɛtsˈɛtɹə. hæv sɚɹˈaʊndᵻd ðɪs ˈɛɹiə.
This area is also known as a Banking hub, as many banks like HDFC, ICICI, Saraswat Co-Operative, Standard Chartered, Mogveera, Shamrao Vithal etc. have surrounded this area.