The southern border of Jugovićevo is Bulevar Vojvode Stepe (Vojvoda Stepa Boulevard), the eastern border is a future new section of the Subotički bulevar (Subotica Boulevard), which will be built in 2007, the north-eastern border is Rumenački put (Rumenka Road), the north-western border is ulica Donje Sajlovo (Donje Sajlovo Street), and the western border is a western city limit of Novi Sad.
Neighbouring city quarters
The neighbouring city quarters are: Veternička Rampa and Novo Naselje in the south, Detelinara and Avijatičarsko Naselje in the east, Industrijska Zona Jug in the north-east, and Sajlovo in the north-west.
Neighborhood was named after military airport Jugovićevo that existed at this location since 1913. Airport gained this name in 1928 and was named after airforce commander Jovan Jugović. Today, airport is not in use and its area belong to military complex Majevica, which was built in 1916 to serve the needs of the airport. During NATO bombing of Novi Sad in 1999, military complex Majevica was heavily bombed and devastated.
Area located in the south of former Jugovićevo airport and Majevica military complex was for long time uninhabited. Construction of first commercial buildings in this area started during the 1990s and was followed by construction of residential buildings.  Today, this area is developing into a modern commercial-residential neighborhood.
The Novo gradsko groblje (new city graveyard) is located in the north of Jugovićevo.
- Program radova na uređivanju građevinskog zemljišta za 2003. godinu, Zavod za izgradnju grada, Novi Sad.
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