Mangalwar Peth was founded in 1662 when MughalSubahdarShaista Khan came to Pune to defeat the Marathas. At that time this area was known as Astapura. This area was famous for different businesses. This place was destroyed during the Panshet dam floods in Pune. The temple of Trisund Ganapati and Omkareshwar as well as the Kamla Nehru hospital are located in this area. Today this peth is famous for transportation business. This area also has the popular Juna Bazaar (Flea Market) on the banks of the Mutha river. This Peth is bordered by Kasba Peth and Somwar Peth.
