The complex was inaugurated on 29 January 2010, by Chief Minister of Haryana
Bhupinder Singh Hooda, with appearances by
Javed Akhtar,
Ehsaan Noorani, and
Loy Mendonsa. It is a project of The Great Indian Nautanki Company, a joint venture between events firm Wizcraft International Entertainment and real estate developer Apra Group. The companies described Kingdom of Dreams as being a complex "where ethnic Indian culture meets modern entertainment", and compared it to New York City's
Broadway. Kingdom of Dreams officially opened to the public on 18 September 2010. On 19 September 2010, actor
Shah Rukh Khan was announced at the complex's "global ambassador". After its successful opening, GINC disclosed plans to potentially open a second, larger Kingdom of Dreams complex in Mumbai, and similar complexes internationally in China, Dubai, Singapore, South Africa, as well as the United States (with a particular focus on
Las Vegas and a potential partnership with real estate developer
Steve Wynn). In the mid-2010s, the complex began to face financial difficulties. In 2014,
Haryana Shahari Vikas Pradhikaran (HSVP, formerly Haryana Urban Development Authority) opened an investigation into Kingdom of Dreams' finances after a ₹39.2 million cheque for a lease payment
bounced. GINC and HSVP engaged in a legal dispute over the non-payment. In 2016, actor
Gaurav Gera—who played in its show
Jhumroo—accused its owners of not having paid him dues for at least two and a half years, and launched a social media campaign to call out the show's producer Gagan Sharma. By then, its owners had owed ₹420 million in unpaid lease payments. On 15 March 2025, a fire broke out due to negligence. ==Facilities==