The main square in Budhwar Peth was called Balechowk where a market would assemble everyday. The market was disbanded during road-widening in the area. In 1886 Budhwar Peth's population was 6,083. In the commercial area of Budhwar peth stood the kotwal chawdi, the head quarters of the city's kotwal. In the 1800s vegetable and fruit vendors would set up shop here. Budhwar Peth had many prominent landmarks, among them were Nana Phadnavis' Belbaug, Tulshibaug, Morobadada's wada, the Tambdi Jogeshwari temple.

Budhwar peth underwent a regeneration in 1761 during the realm of Thorle Madhavrao, a task managed by Govind Shivram Khasgiwale. In the 19th century book sellers started to set up shop here. Interestingly, when under the supervision of the Peshwas mints had been set up, four or five types of silver coins which had been minted in Pune had been found. These coins bear the name Muhiyabad Punah on them as the name of the place where the coins were minted.

Ancient Mint: The muhiyabad Punahcoins: After the conquest of Sinhagad fort, Mughal emperor Aurangzeb and his troops set up camp around Pune to rest after a hectic campaign. During the time that Auranzeb set up base in Pune (from May 1, 1703 to 10 November, 1703) his grandson, Prince Muhammed Muhi-ul-mulk passed away.

In his memory, Aurangzeb renamed Pune as Muhiyabad. This event finds mention in Kafi Khan's historical account in Persian. That the coins were minted from Pune during Aurangzeb's stay here has been verified. On these coins Pune finds mention in Persian as Punah. This is found later on the coins minted by the Peshwas as Muhiyabad Punah.