Built by the King Baji Rao in 1730, Shaniwar Wada was the palace of the great rulers Peshwa Dynasty in Pune. The mammoth structure was destroyed in a big fire in 1827 but the walls survived the fire. The palace became the centre of Indian politics in 18th century following the rise of the Maratha Empire. The ceremonial foundation of this palace was laid by Peshwa Baji Rao I, the king of the Maratha Empire. It was named Shaniwarwada from the Marathi words Shaniwar which means Saturday and Wada is a general term for any residence complex.