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Place a heavy bottom sauce pan on a medium heat. Add milk and let it come to a boil.
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Take 2 tablespoons hot milk from sauce pan in a bowl and soak the saffron strands and set aside.
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Once milk comes to boil, reduce heat and let the milk simmer uncovered, stirring continuously with a silicon spatula.
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Cook the milk for about 8 to 10 minutes till it is reduced and become thick in consistency. Be sure that you stir it continuously.
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Add the condensed milk and stir vigorously to mix completely.
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Add soaked saffron to the milk mixture while milk is still on heat and mix.
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Add the pistachio powder and green cardamom powder . Mix it well.
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Now switch off the gas. Add the kewra essence or rose water. Leave the kulfi mixture on kitchen counter to cool off completely.
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Then pour into kulfi moulds and secure the airtight caps. Freeze in refrigerator freezer for 4-6 hours. Take out of the freezer 5 minutes before serving. Unmold the kulfi and serve with chopped pistachios.