27 May 2015 Dhaka, Bangladesh | A top view of old Dhaka road in Malitola square. Old Dhaka is to the historic old city of Dhaka, the capital of modern Bangladesh It was founded in 1608 as Jahangir Nagar the capital of Mughal Bengal. It was one of the largest and most prosperous cities of the Indian subcontinent and the center of the worldwide muslim trade. The Nawab of Bengal shifted the capital from Dhaka to Murshidabad in the early-1700s. With the rise of British Calcutta, Dhaka began to stagnate and came to be known as the “City of Magnificent Ruins”. The British however began to develop the modern city from the mid-19th century. Photo by Monirul Alam