Situated on an island based in the Shipra River, this Palace holds immense religious significance. It was constructed in 1458 AD. The Palace is flanked on both sides by the waters of the rivers and the technical aptitude of the predecessors can be seen in the man-made tanks and channels.
It was so celebrated in the past that once Emperor Akbar and Jehangir had visited this gorgeous monument, which is reflected in the two Persian inscriptions that are found in one of the corridors of the palace. It was broken down during the reign of the Pindaris, but Madhavrao Scindia saw the inner beauty of this monument and decided to restore it.