Since immemorial time, utilization of medicinal plants has been in practice by the practitioner to treat variety of ailments without knowing the active bio-compound which lead to the reduction or elimination of symptoms of the disease. Recent advancement in technologies became a turning point in health care setting where many medicinal plants which are gifted from the nature were being employed in research to synthesized variety of phytochemical compounds which were responsible for the various pharmacological properties of the plants. Few compounds which were plant derivative have been patented for the commercial use to treat illness. In this review, medicinal plants related to few pharmacological properties like anticancer, antiviral, antidiabetics, antifungal were reviewed and documented. Also the phytochemical constituents were reviewed and documented. This review proved few related pharmacological properties of the plants where these plants were employed in the folk medicine. Advancement in technologies and also research fundings provide the suitable platform for the researchers to conduct extensive research on the medicinal plants.