Originally built in 1870, it was called Company Bagh during British Rule. The park holds immense historical significance as it was the site where the revolutionary freedom fighter Chandra Shekhar Azad sacrificed his life on February 27, 1931, after a fierce gun battle with the British police. To honor his bravery and sacrifice, the park was renamed Chandra Shekhar Azad Park. The park also houses several historical buildings and monuments dating back to the British era, serving as a reminder of India's colonial past and its struggle for independence. The Allahabad Museum, situated within the park, further enriches its historical value.