It is situated within the Laxmi Vilas Palace grounds. One will find representative art from the whole world; images of the works by European masters like Raphael, Murillo and others, the finest art pieces of the Greco-Roman era, paintings by the Chinese and Japanese artists and few Indian masterpieces gathered by late Maharaja Sayajirao III. It also showcases original paintings of India’s celebrated artist late Shri Raja Ravi Varma.
The other few palaces worth a visit are the Nazarbaugh Palace of the Gaekwads and the Makarpura Palace now housing the Air Force Training School. The Gaekwads had an appreciative eye for the fine arts and one can see some superlative murals in the Kirti Mandir. The murals have been the creation of the illustrious Nandanlal Bose.