Hazare was the last occupant of the 'Pushpakoot' bungalow until 1976 before it was handed over to the government by the family in "distress sale" under the Urban Land Ceiling Act that was passed in the same year.
The famous lane is named after Faramji Cowasji Contractor, the state civil contractor of erstwhile Baroda State. He owned a brick factory and built many of the city's architectural delights, including the iconic dome at Maharaja Sayajirao University's Faculty of Arts.