The house, with two buildings -- one constructed in 1905 and another in the 1930s -- would also host exhibitions, retrospectives and works by young artists, said curator Jayshree Lalbhai, the wife of Lalbhai's grandson and CMD of Arvind Limited, Sanjay Lalbhai.
The house is located in Shahibaug area of the city.
The 'Kasturbhai Lalbhai Museum complex' also has a small amphitheatre with a seating capacity of 250, she said.
The paintings exhibited range from the Persian, Mughal, Deccan, Pahari and Rajasthani schools, Tibetan Thangkas, Company School paintings, modernish paintings from Bengal school to the painted postcards from pre-Independent India.
The museum will be thrown open for public from February 16.
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