Passed from the last ruling nawab, Iftikhar Ali Khan, to his son, the last recognized titular nawab, Mansoor Ali Khan, the palace is currently held by his son Saif Ali Khan, who is the current patriarch of the Pataudi family.

At the request of Iftikhar Ali Khan (1910–52), the 8th Nawab of Pataudi, the building was designed in the style of the colonial-era mansions of Imperial Delhi by Robert Tor Russell (1888–1972) assisted by the Karl Malte von Heinz.

[4] It was repossessed by actor Saif Ali Khan, son of the last Nawab in 2014 and as of July 2015[update], the palace remained closed for renovations.

The renovation was soon completed and the Pataudi family stays in the palace during winters.

[5] Nearby Akbar Manzil, built after 1857 as the official residence of the then Nawab, was later converted into a Judicial Complex.