Almost resembling a Gothic cathedral, this looks more like an emporium than a mere shop. It was a warehouse for saffron and musk, imported and sold at a handsome profit when there were enough wealthy people to buy. Its owner's name, meaning ‘beggar master’, is thought to identify him as Rajput chief Medini Ray, a powerful subject of the early-16th-century Khilji sultan Mahmud II.
It's an intriguing building with numerous rooms, spaces and arched doorways and niches.