 Raja Harsukh Rai, imperial treasurer in the late Mughal period, constructed a large and ornate Jain temple in the Dharampura locality of Old Delhi in 1807 during the rule of Mughal Emperor Akbar II with a cost of about 8 Lakh rupees, then an enormous amount.He was able to obtain the royal permission to construct a shikhara for the temple for the first time during the Mughal rule.Thus temple is known as the Naya Mandir (new temple), since an older Jain temple, now known as the Lal Mandir already existed.