The Aga Khan Palace was built by Sultan Muhammed Shah Aga Khan III in the city of Pune, India.

The palace was an act of charity by the spiritual leader of the Nizari Ismaili Muslims, who wanted to help the poor in the neighbouring areas of Pune, who were drastically hit by famine by offering them work.The construction took place over 5 years and involved one hundred thousand people. It cost approximately 1.2 million rupees.

The palace is closely linked to the Indian freedom movement as it served as a prison for Mahatma Gandhi, his wife Kasturba Gandhi, his secretary Mahadev Desai. Sarojini Naidu and several others were also imprisoned during the Quit India Movement that demanded an end to British rule in India. It is also the place where Kasturba Gandhi and Mahadev Desai died.In 2003, Archaeological Survey of India (ASI) declared the site as a monument of national importance. Aga Khan Palace is major attraction of photographers for various kind of photo shoot because of its special architecture, greenery and perfect for photography lighting.

Historically, the palace holds great significance. Mahatma Gandhi, his wife Kasturba Gandhi and his secretary Mahadev Desai were interned in the palace from 9 August 1942 to 6 May 1944, following the launch of Quit India Movement. Kasturba Gandhi and Mahadev Desai died during their captivity period in the palace and have their Samadhis located over there. Mahatma Gandhi and Kasturba Gandhi have their memorials located in the same complex, near Mula river.Legend goes that the Sultan built the palace to provide employment to the famine struck villagers of the surrounding region; so he employed 1000 people, and the palace was constructed in five years. It was built in Rs 12 lakhs. The total area is 7.7 hectares (19 acres) and built up palace covers 2.8 hectares (6.9 acres), and the rest is a well maintained garden.

The palace housed a residential co-education School from 1953 – 72. 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$2,400) every year, for its maintenance. The amount rose to ₹1 million (US$12,000) until 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. The present condition has improved quite a lot.