The world famous Prince of Wales Museum is located in the ancient city of Mumbai (Bombay), on the South side, right next to another attraction of this city is the gateway of India. The Museum was built on the initiative and at the expense of honorary citizens of Mumbai in honour of the Prince of Wales, the future British king George V, who in 1905 and laid the first stone of the building. Under its construction was allotted a plot of land of just over 1 hectare titled "Crescent Site" ("Crescent"), and the main architect was selected George Wittet, who later became known for another successful project is the already mentioned Gate to India. Completed the construction of this massive Museum was in 1915. But during the First World War the building was used as a children's centre and military hospital, and in 1922 opened a full-fledged Museum.

It is a basalt three-storey building of rectangular shape, made in the Indo-Saracenic style. Its roof is decorated with a large dome decorated with white and blue tiles, which is an additional floor, and it seems the full moon, half-walls of the Museum. This dome along with balconies and tiled floors each building features buildings of Mughal era.

In the early 2000s, the Museum was renamed as Chhatrapati Shivaji Maharaj Vastu, Sangrahalaya, in honor of the founder of the Empire of Maratha – Shivaji.

The Museum collection is very large and has about 50 thousand artifacts collected not only in India but around the world. It is divided into three main sections: art, archaeology and natural history, as well as, since 2008, have been added several galleries dedicated to Lord Krishna, the textile industry and the traditional Indian costumes, and scenic miniature.

Today the Museum is in the custody of the government and the Bombay Municipal Corporation, which annually grants him all sorts of programs.