The founder of this dynasty was
Mir Qamaruddin Khan, a noble and a courtier of the Mughal
Muhammad Shah, who negotiated a peace treaty with
Nader Shah got disgusted with the intrigues that prevailed in
Delhi. He was on his way back to the Deccan, where, earlier he was a
Subedar. But he had to confront
Mubariz Khan, as a result of a plot by the Mughal emperor to kill the former. Mubariz Khan failed in his attempt and he was himself slain. This one took place in AD 1724, and henceforth Mir Qamaruddin, who assumed the title of
Nizam-ul-Mulk, conducted himself as an independent ruler. Earlier, while he was one of the Ministers of the Mughal emperor Muhammad Shah, the latter conferred on him the title of Asaf Jah. Thus begins the Asaf Jahi rule over Golconda with the capital at
Aurangabad. ==Asaf Jah II==