Lakshmi Vilas Palace, an extravagant building of the Indo-Saracenic school, was built by Maharaja Sayajirao in 1890 is till date the residence of the royal family. Its ornate Darbar Hall has an Italian mosaic floor and walls with mosaic decorations. The palace houses a remarkable collection of old armoury and sculptures in bronze, marble & terracotta. The Palace "compound" as it is known here is of over 700 acres and houses a number of buildings, particularly the Moti Baug Palace and the Maharaja Fateh Singh Museum building.