This ancient palace is located at the South east of Afzal Gunj Bridge near Dewan Devdi. This U shaped complex with a single storied central building in European style, It is established as the residential quarters of Mir Momen, the Peshwa of Mohammed Quli Qutub Shah around 16th century. A 30 minutes show will explain all the details of the this palace. It opens all the daysfrom 10.00 am to 05-00 pm. Every friday is holiday