Aiwan-i Begumpet, also known as Chiraan Fort Palace (Chiran Fort Club), and Devdi Fareed Nawaz Jung, or Devdi Nazir Nawaz Jung, was built in 1880 by Sir Viqar-ul-Umra, Amir of the Great Paigah Dynasty of Deccan, who served as Prime Minister of Hyderabad.

[1] The palace was built after the construction of Falaknuma Palace gifted to the sixth Nizam of Hyderabad Mir Mahbub Ali Khan, Asaf Jah VI.

The Falaknuma Palace was built by Nawab Viqar ul-Umra and was later acquired by the Nizam VI.

Chiraan fort was used as a residence for Sir Nawab Fareed Nawaz Jung and his family.

The palace was passed down through three generations as residence until Sahebzade Hyder Nawab (grandson of Fareed nawaz Jung and paternal grandson of Moin-Ud-Daula Bahadur) converted the palace into a club/restaurant.