It pretty much seemed like Maharaja Sayajirao Gaekwad III, just needed a random reason to build an edifice. The Khanderao Market is an extravagant building built under his supervision in 1906 that was a gift to the municipality on the completion of 25 years of his authoritative administration.
He dedicated this building to Maharaja Khanderao Gaekwad and it is now a haven to several offices, counting the Vadodara Municipal Corporation as well.