The Aga Khan Palace, situated in Pune, was built by Sultan Muhammed Shah Aga Khan III in 1892. It is one of the most important landmarks in Indian history. The reason behind the construction of this palace was to support the poor in the neighbouring areas who were hit by famine. The Palace is a grand building and it is very crucially associated with the Indian Freedom Movement.
In 2003, the monument was declared to be of national importance. In the memory of Kasturba Gandhi and Mahadev Desai, architect Charles Corea had their memorials built in the premises of the palace. The palace houses a museum which holds a rich collection of pictures. There are also other items like the personal belongings of Gandhi. The Palace also has the ashes of Mahatma Gandhi hurried in its ground.
In 1969, Aga Khan Palace was donated to the Indian people by Aga Khan IV as a mark of respect to Gandhi and his philosophy. Today the palace houses a memorial on Gandhi where his ashes were kept. The then prime minister Indira Gandhi had visited the place in 1974 where she allotted a sum of ₹200,000 (US$3,000) every year, for its maintenance. The amount rose to ₹1 million (US$15,000) till the 1990s, after which the national monument of India, was neglected for many years due to improper allocation of funds. There was a protest held at the statue of Mahatma Gandhi near Pune railway station in July 1999 to protest against the worsening condition of the monument.