Karan Nagar is the notified area and the town in the city of Srinagar in the Indian state of Jammu and Kashmir. A portion of Karan Nagar in the name of Deewan Bagh was the first declared civil colony in 1942 by the former princely state government of Jammu and Kashmir. It is a posh locality of srinagar city. The famous SMHS hospital and Government Medical College is located here. It is located about 2 km from the commercial center of Kashmir.