To conserve the historical richness contained in Murad Khane's buildings, Turquoise Mountain has engaged in a wide-ranging and ongoing architectural conservation project, restoring 112 historic buildings, such as the Great Serai, the Double Column Serai, and the Peacock House, along with private homes and shops in the local bazaar. Alongside the conservation of traditional buildings, Turquoise Mountain has built a number of new buildings, combining traditional Afghan building techniques with those of modern earth construction.
In 2013 Turquoise Mountain received the UNESCO Award of Distinction for the restoration of Murad Khane’s Great Serai. Turquoise Mountain’s project was up against 47 entries from 16 countries right across the Asia-Pacific region, and was the only Afghan entry to be considered. UNESCO praised the restoration work for “setting a precedent for conservation work in Kabul,” noting how the “historically significant 19th century merchant’s palace… has been returned to it’s former eclectic grandeur” and that doing so has “renewed pride of place and raised awareness of the continued relevance of local cultural heritage”.