Pedder Road is the old name of a busy artery road  in the south of Bombay, which goes through the affluent Cumballa Hill neighborhood. It was named after Mr. WG Pedder, Municipal Commissioner (1879). He was in the Bombay Civil Service, 1855-1879.

It is said to rest on what was first known as Padam Hill. Its current name is Gopalrao Deshmukh Marg, after a social activist and reformer, but with a very large number of roads in Mumbai, it is usually called it's old name (usually misspelled as Peddar).

The road starts at the intersection known as the Kemp's Corner and lies at the foot of the hill over Cumballa. The first flyover in Mumbai was built with the road linking Pedder Hughes Road and Kemp's Corner. At least from the 20th century, it is regarded as a stylish residential area, the homes of some priced at more than Rs.10 million as of 1993.

Dr. Gopalrao Deshmukh was the first president of the Indian Medical Association and the first mayor of Bombay after Independence. He lived in Pedder Road, in a building which later became a multistory building. He was a prominent citizen of Bombay, who was a personal friend of Sir Jamshetji Kanga. Among his notable descendants include Dr. Uday Dokras, international author of Human Resources book, who is his grandson.

Pedder road came to be renamed in his honor. The road ends with a flyover that was known as the Kemp's Corner flyover, but was renamed 'Dr. Gopalrao Deshmukh' (flyover). In February 2000, the Indian Institute of Technology, Mumbai conducted a study on trafficking in the area revealed that 94,000 vehicles used the route every day at that time.The study also found that the average number of vehicles owned by a family living in Pedder road was 2.3.

According to the Times of India article in 2006, the transactions involving new constructions coming on Pedder Road (and other nearby locations) are routinely held at more than 1,00,000 rupees (2000 dollars) per square foot.