We present the results based on multiwavelength imaging observations of the prominent dust lane starburst galaxy NGC 1482 aimed to investigate the extinction properties of dust existing in the extreme environment . ( B-V ) colour-index map derived for the starburst galaxy NGC 1482 confirms two prominent dust lanes running along its optical major axis and are found to extend up to \sim 11 kpc . In addition to the main lanes , several filamentary structures of dust originating from the central starburst are also evident . Though , the dust is surrounded by exotic environment , the average extinction curve derived for this target galaxy is compatible with the Galactic curve , with R _ { V } =3.05 , and imply that the dust grains responsible for the optical extinction in the target galaxy are not really different than the canonical grains in the Milky Way . Our estimate of total dust content of NGC 1482 assuming screening effect of dust is \sim 2.7 \times 10 ^ { 5 } M _ { \odot } , and provide lower limit due to the fact that our method is not sensitive to the intermix component of dust . Comparison of the observed dust in the galaxy with that supplied by the SNe to the ISM , imply that this supply is not sufficient to account for the observed dust and hence point towards the origin of dust in this galaxy through a merger like event . Our multiband imaging analysis reveals a qualitative physical correspondence between the morphologies of the dust and H \alpha emission lines as well as diffuse X-ray emission in this galaxy . Spatially resolved spectral analysis of the hot gas along outflows exhibit a gradient in the temperature . Similar gradient was also noticed in the measured values of metallicity , indicating that the gas in the halo is not yet enriched . High resolution , 2-8 keV Chandra image reveals a pair of point sources in the nuclear region with their luminosities equal to 2.27 \times 10 ^ { 39 } erg s ^ { -1 } and 9.34 \times 10 ^ { 39 } erg s ^ { -1 } , and are in excess of the Eddington-limit of 1.5 M _ { \odot } accreting source . Spectral analysis of these sources exhibit an absorbed-power law with the the hydrogen column density higher than that derived from the optical measurements .