Mandawa Haveli was built in 1896 by Thakur Bhagwat Singhji, the 15th ruler of Mandawa. This feudal principality in the heart of the Shekhawati region was ruled by the clan of Kachhawa Rajputs from the house of Amber. Their ancestor Rao Shekhaji was a scion of the House of Amber who struck out and carved a separate kingdom for himself to the north of Jaipur which was named Shekhawati (The garden of Shekha) after him.

Originally conceived as a town house it was under the guidance of Thakur Devi Singhji, the 17th ruler that the Haveli was converted into a hotel with all modern amenities.