What The foundation stone of this construction was laid by Sir Vikar
Placed on March 5. It took nine years to build and rebuild the palace. Sir Vikar visited the Round Bungalow and Women's Palace at Falconoma Palace on December 3 and supervised the completion of the men's section.
He used the palace as his private residence until the palace was handed over to the Sixth Nizam of Hyderabad about 5-6.
The palace was built at a cost of Rs 4 million and required a loan from the Bank of Bengal. In the spring of 5, Mir Mehboob Ali Khan, the sixth Nizam of Hyderabad, was invited to stay in the palace. He extended his stay for a week, then for a fortnight and then for a month, at which point Sir Waqar signaled to offer it. Nizam accepted but paid some price for the palace. The Pegah family says about Rs. 500,000 was paid.
The Nizam of Hyderabad used the palace as a guest house for the royal guests. The list of royal visitors included King George V, Queen Mary, Edward VIII and Tsar Nicholas II. The palace fainted after a decade. The last important guest was the President of India Rajendra Prasad.