
Further adorning the fountain are two stone patriots bearing a touch. Located in the Fort 'business' district of South Bombay, it is now counted amongst the heritage structures of the city. The cost of constructing Flora Fountain, in those times, came to somewhere around 47,000 rupees or 9000 pounds sterling. The construction of the fountain was started at the behest of the Agri-Horticultural society of Western India. The funds for the same came from the donation received by the society from Cursetjee Fardoonjee Parekh.
The credit for the designing of the Flora Fountain goes to R. Norman Shaw, while the accolades for the sculptural beauty go to James Forsythe. Portland stone was especially imported for the construction of the fountain. The initial name of the fountain was not 'Flora Fountain'. Infact, it was named after Sir Bartle Frère, the then Governor of Bombay. The name 'Flora Fountain' was given just before the inauguration of the fountain. The area around the square comprises of all the major banks, along with the Bombay Stock Exchange (BSE).