Anarkali also serves as a neighbourhood and union council of Data Gunj Buksh Tehsil of Lahore.

It is situated in the region that extends from the south of Lahori Gate of the Walled City to across the Mall Road.

[4] The Anarkali bazaar is one of the oldest surviving markets in the Indian Subcontinent, dating back at least 200 years.

New Anarkali Bazar is also famous for halwa puri of Ghosha-e-Shireen, Zafar & Imam Din; nihari of Waris and siri paye of Nasir.

In the early 1970s, the mausoleum was renovated on the orders of the then Prime Minister Zulfiqar Ali Bhutto.