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This dilapidated building, located in Anarkali Bazaar just outside the northeastern edge of the Punjab University grounds, once housed a well that provided clean drinking water to the inhabitants of the area. The spacious well was commissioned by Rattan Singh, a Wine and General Merchant based in Anarkali. His name was inscribed in a marble slab, inserted in one of the walls of the building but can no longer be found. Today, the well is no more and the building is used for the purposes of a clothing shop.
Rattan Singh also built a beautiful drinking fountain near the General Post Office but no trace of it can be found.