Lala Chunnamal, a wealthy textile merchant helped the British during the Uprising of 1857 and women their favour.
When the residents of ShahJahanabad were being exiled he not only stayed but flourished. He was amongst the first few people in the city to own a car and a telephone
His income in 1857 was around 1 lakh rupees a month.
The Haveli is built on three floors and has 128 rooms and is spread on half an acre of land.
The ground floor, originally meant to host grand functions of the family, was rented out in 1971 to shop owners, and has since been used for commercial purposes. Today, in this labyrinth of shops, it takes a few minutes for any visitor to find the entrance to the haveli.
It is one of the few havelis that still survive as residential property in ShahJahanabad.
It is located on the main Chandni Chowk road near Fatehpuri Masjid.
In fact he had even bought Fatehpuri Masjid for Ramzan 19000 from the British in 1857. Later in 1877 the British bought it back and restored to the Muslims.