It was the official residence and the seat of the Rajas of the Princely State of Bhor.

The Bhor Rajwada palace is a synergy of Indian Vernacular and European Renaissance Architectural style and was built by Chimnaji Rao III (ninth ruler of Bhor) at a cost of INR 2 lakh in 1869.

Raja Chimnaji Raghunathrao III rebuilt a new fine spacious palatial residence on the site of the Old Palace.

The construction cost was Rs 2,00,000 and was completed in 1870[1] The architectural style of the palace is commonly described as European Renaissance Architecture with the blend of the Indian Vernacular and Gothic styles.

The wada was studied in 1930's by Prof. Claude Batley, principal of Sir J. J.