Fancy Bazaar is a locality in Guwahati, surrounded by localities of Pan Bazaar, Lakhtokia with nearest airport at Borjhar and Railway Station at Paltan Bazaar.^[1] It is known as the business hub of Northeast region. It derives its name from the Jail and gallows for hanging (phansi) that was situated in this area—the municipal records still calls it Phansi bazaar.^[2]