The bazaar is named after Edoardo Tiretta,[7] an Italian immigrant from Venice, who was a land surveyor and owner in the area during late 18th-century.

A common meeting place was the Temple of Lord Guan, the Martial God of Loyalty & Righteousness, located in the Chinese quarter near Dharmatolla.

Nevertheless, there was a significant demand for high quality leather goods in colonial India, which Chinese Indians were able to fulfill.

Alabaster also mentions "licensed" opium dens, run by "native Chinese" and a "Cheena Bazaar", where "contraband" was readily available.

Ganguly Street) and Kshirode Vidyavinode Avenue (New CIT Road[clarification needed]) pass through the area from east to west.