The palace was constructed by Bajiroa 1st in the 1730. It was a 13 storey building. There is a story told about why this place was chosen for the construction. The story says-The Thorale (Elder) Bajirao once saw a rabbit chasing a dog in this place. Taking inspiration from this Shaniwar Wada was built, a place which would never see defeat. It used to be the head quarter of the Peshwas and it symbolizes Pune's culture. Looking at the construction one understands how the structure was built giving highest priority to the security. The main entrance is known as 'Delhi Darwaja', others have named like Ganesh, Mastani, Jambhal, Khidki.