The area is located in the heart of the city has a high number of electronics shops, and is known for its red-light district.

Tulshibaug, Belbaugh and the Jogeshwari temple are some of the historical landmarks of Budhwar peth from the Peshwa era.

The Bhide Wada, located near Limbraj Maharaj Temple hosted the first school for girls in Maharashtra.

Budhwar Peth is a business area particularly for electrical goods market, books and traditional items.

[citation needed] Budhwar Peth houses India's third largest red-light district.